Good Life China (GLCC) CEO and Board Of Directors Message
December 09 2009 - 9:20AM
PR Newswire (US)
Transforming Good Life China. into a Leading Service Provider
BEIJING, Dec. 9 /PRNewswire-FirstCall/ -- Good Life China Corp.
(GLCC; http://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". To receive future updates, via email
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http://www.minamargroup.com/updates 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. CONTACT: For any investor relations matters,
please contact http://www.minamargroup.net/helpdesk; Investor
Relations Department Inquiry, http://www.minamargroup.net/ (IR);
For (M&A) and Corporate Matters, http://www.minamargroup.com/
DATASOURCE: Good Life China Corporation CONTACT: For any investor
relations matters, please contact
http://www.minamargroup.net/helpdesk; Investor Relations Department
Inquiry, http://www.minamargroup.net/ (IR); For (M&A) and
Corporate Matters, http://www.minamargroup.com/
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