NANFENG, China, April 13 /Xinhua-PRNewswire/ -- Jiangxi Taina Nanfeng
Orange Co. Ltd. (OTC Bulletin Board: CHFR) ("CHFR" or "the company"), a
Chinese company engaged in the planting and marketing of oranges and orange
related products, announced that Jiangxi government has considered its
official support to Nanfeng orange, one of the important products from Jiangxi
province. The government will focus its support on the industry's plant
construction and export capacity hoping to transform the export of primary
products into an industrialized and expanded mode of operations in Jiangxi.
The foundation of the first selected group of Production Bases for Export
of Chinese Orange in Nanfeng signified a gratifying step of orange in Nanfeng,
Jiangxi last year. The result of the selection has proved the success of
Nanfeng orange in high industrial standard which will help to boost its brand
image and to enlarge export and income.
Currently, application of new technologies has brought to reduce
production cost and to improve quality of orange in Nanfeng. The government
selected and organized the farmers in Nanfeng to learn from their counterparts
in Zhejiang, Chongqing and Hunan Province, and more than 3,000 orange farmers
have received the green certificate, and more than 2,000 farmers have been
granted technical titles under the program.
Moreover, Jiangxi Bureau of Entry-Exit Inspection & Quarantine has
selected good breed, fertile soil with proper climate and rainfall, an orchard
with the area of 453 hectares as the export base, bringing out the passport
for Nanfeng orange to march out of the country and into the world. Last year,
export of Nanfeng orange rose by 131% over that of the previous year. (Sources
are from JiangXi Statistical Information Net.)
"We can see that, fruit dealers have come to order our NanFeng orange long
before the pick season. This is the new result from the plan for increased
output and income of farmers carried out in Nanfeng county to support Nanfeng
orange, the advantageous business, on a focused basis, actively expand the
market, improve the quality, reduce the risk and promote an upgrade of Nanfeng
orange," says Mr. Chen Quanlong, Chairman of the Board of CHFR.
About Jiangxi Taina Nanfeng Orange Co. Ltd.
China Fruits Corporation, through its wholly-owned subsidiary in China,
Jiangxi Taina Nanfeng Orange Co. Ltd. (formerly Jiangxi Taina Fruits Co.,
Ltd.), is engaged in the planting and marketing of Nanfeng oranges; the
production and sales of fruit wine and nonalcoholic beverages; and R&D in
fruit biotech and deep-processing, event organization, management and
consulting for fruit branding.
The company is located in Nanfeng county, Jiangxi province, an area
considered by many to be the orange capital of China. China Fruits
Corporation has registered capital of RMB2 million (or USD$250,000). The
company is a good model for industrialized development of Chinese mandarin
oranges. They have adopted traditional planting methods in combination with
modern nascent technologies to build biological orchards, plant green and
organic NanFeng oranges, achieve fresh storage by means of hi-tech air-
conditioned storehouses, employ hi-tech biological engineering for deep
processing (of fruit wine and beverage), biologically abstract orange oil and
essence, and to produce biological fertilizer out of orange residues for
recycled use in orchards. They have created an entire chain of industries
from their R&D, cross-breeding, preservation, and preserved sales processing.
The company is considered by some to be one of the nation's leading
enterprises for industrialized agriculture.
CHFR has developed a human-based and system-oriented business plan. They
endeavor to create national brand recognition in China over the short-term and
international brand recognition in the future. CHFR makes it a priority to
maximize corporate profits and to bring ideal returns to their investors.
Forward-looking Statements
This report contains 'forward-looking' statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical facts included in this report are forward-looking
statements. Forward-looking statements involve risks and uncertainties
including, but not limited to, economic and political factors; developments of
the Chinese, European and North American markets and changes in regulatory
matters; our business strategies and future plans of operations; the market
acceptance and amount of sales of our products and services; our historical
losses; the competitive environment within the industries in which we compete;
and our ability to raise additional capital, currently needed for expansion.
The Company cautions that forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those indicated in the forward-looking statements due to
several important factors.