SHENZHEN, China, Oct. 31 /Xinhua-PRNewswire-FirstCall/ -- China Water & Drinks, Inc. (OTC Bulletin Board: CWDK) (“China Water & Drinks” or “the Company”), a leading producer and distributor of bottled water in the People’s Republic of China (“PRC”), today announced that it has been honored with several high profile awards for its product quality and brand recognition.
Changchun Taoda Beverages Co., Ltd, one of China Water & Drinks wholly owned subsidiaries, was named one of the “Top 500 Quality Brands in China” for 2007. China Water & Drinks’ own brand, Darcunk, was named a “High Quality, Well-known Brand” and one of the “Top Ten Quality Brands in the Bottled Water Industry.” Winners of the awards have been invited to present at the Third Annual Consumer Survey’s Grand Award Ceremony and Management Conference on December 8, 2007 in Beijing.
“We are honored to win these prestigious awards and consider them a strong endorsement of our outstanding quality and brand recognition,” commented Mr. Xinghua Chen, Chief Executive Officer of China Waters & Drinks. “Producing bottled water with a high degree of quality at a competitive price is the core element of our strategy as we expand our capacity and increase our distribution throughout China.”
The Nationwide Consumer Survey is sponsored by several first class media organizations including People’s Daily Online ( http://www.people.com.cn ), Consumer Daily, and China Quality and Credit Monitoring ( http://www.china12365.com ), and is designed to encourage competition in the production of high quality products in China. Candidates are recommended by a professional evaluation committee which includes high profile industry specialists, scholars and consumer representatives. The final decision is determined by consumers’ online votes.
About China Water & Drinks, Inc.
China Water & Drinks, Inc. is a leading producer and distributor of bottled water in China. Through its production facilities in Guangzhou, Zhanjiang, Feixian, Changchun, Nanning and Shenyang, the Company produces and distributes bottled water to eleven provinces in China. The Company markets its own product under the brand ‘Darcunk’, supplies purified water to both local and international beverage brands such as Coca-Cola and Uni-President and provides private label bottled water for companies such as Sands Casino, Macau.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management’s current expectations. Such factors include, but are not limited to the company’s ability to complete product orders, coordinate product design with its customers, ability to expand and grow its distribution channels, political and economic factors in the People’s Republic of China, the company’s ability to find attractive acquisition candidates, dependence on a limited number of larger customers and other factors detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission and other regulatory authorities. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
Company Contact:
Mr. Joe Chan
Chief Financial Officer
China Water & Drinks, Inc.
Tel: +852-9130-0700
Email: joechan@cwnd.net
Investor Relations Contact:
Mr. Crocker Coulson
President
CCG Elite Investor Relations
Tel: +1-646-213-1915 (NY office)
Email: crocker.coulson@ccgir.com
