Good Life China (GLCC) CEO and Board Of Directors Message
Transforming Good Life China. into a Leading Service Provider
BEIJING, Dec. 9 /PRNewswire-FirstCall/ -- Good Life China Corp. (GLCC; www.goodlifechina.com/) The new CEO and management of Good Life China would like to use this opportunity to introduce Shenzhen Wandiantong Trade Co., Ltd. (English trade name Q-mart), Qmart the newly merged convenience store chain with GLCC
Zhidong Wang, The new CEO of GLCC said "Qmart was established in 2002. We own and operate a chain of convenience stores dedicated to the management and promotion of household brand name products
After several years of strategic growth, Qmart now operates 200 stores staffed by over 600 employees. The Company operates mainly through the 24-hour business model to provide consumers with high-quality, diversified products and convenient intimate personalized value-added services, geared towards consumer products
Early on, Q-mart began as a local convenience store brand in Shenzhen China. We then expanded into Dongguan. The next step will be developed to the network in Guangzhou, Huizhou and beyond
The passing year 2009 had established itself as one of the harshest years in the global economic environment, and hit many unsuspecting retailers particularly hard. It has brought many companies, including our the former subsidiary of GLCC Haorizi, into distress. Having said that, Q-mart is excited to launch its cooperation with GLCC and plans to transform the company into one that will offer a sustainable growth and increased value. Q-mart had become the majority shareholder in GLCC with the acquisition. We are determined to succeed as a part of this outstanding organization
GLCC had crossed a treacherous pass in the recent economic uncertainty, but Q-mart's dynamic multi-service, prosperity-dedicated methods and adaptable business model had proved successful. We expect to thrive as a part of GLCC in the upcoming period. Q-mart offers a great potential for GLCC' growth, and we will work vigorously and deliver the highest possible value to the shareholders
Starting fresh, as a forward-thinking organization, we are currently reviewing and rejuvenating our products and services portfolios, to outperform in the service industry and attract new customers. We ask the difficult questions, so our shareholders don't need to. We identify our options for growth, and seek weaknesses that we need to eliminate in order to outperform in the service industry
The new management acknowledges that there are some pending matters still being resolved such as the processing of GLCC dividends, which are finally being reclassified and being distribution is commencing
Q-mart's vision for the new GLCC. is to lead the way and introduce superior innovation in the China's service industry, exposing customers to the superior innovative services and present a plan for sustainable growth"
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Good Life China Corp. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Good Life China Corp. cautions you that any forward-looking information provided by or on behalf of Good Life China Corp. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Good Life China Corp.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Good Life China Corp.'s control. In addition to those discussed in Good Life China Corp.'s press releases, public filings, and statements by Good Life China Corp.'s management, including, but not limited to, Good Life China Corp.'s estimate of the sufficiency of its existing capital resources, Good Life China Corp.'s ability to raise additional capital to fund future operations, Good Life China Corp.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Good Life China Corp.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Good Life China Corp. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events
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DATASOURCE: Good Life China Corporation
CONTACT: For any investor relations matters, please contact
www.minamargroup.net/helpdesk; Investor Relations Department Inquiry,
www.minamargroup.net/ (IR); For (M&A) and Corporate Matters,
www.minamargroup.com/