FORT LAUDERDALE, Fla., Aug. 10, 2005 (PRIMEZONE) -- Dragon International Group Corp. (OTCBB:DRGG), one of China's leading manufactures and distributors of a wide variety of specialty paper products and packaging materials, has installed a new state of the art production line. The new equipment incorporates laser transformation embossing, a process employed with high quality paper.
The new equipment, manufactured in China, produces a finished product comparable to that of an imported product. As a result, some of our products such as the candy-strip laser product have met the requirements of domestic professional manufacturers in China.
Dragon's Chairman and CEO David Wu states, "The Company is extremely pleased to launch this new manufacturing line. The new facility allows Dragon to upgrade its manufacturing capabilities and offer additional product lines to the larger packaging industries such as food specialty packaging, pharmaceutical specialty packaging and the cigarette packaging industry. China's food and pharmaceutical packaging industries have annual sales in excess of $5 billion in 2004 with an annual growth rate over 30%. As a result of this new installation, we believe Dragon has the technological resources to produce the highest quality paper packaging material for years to come, enhancing our position as one of China's leading manufactures of specialty paper products and packaging materials."
About Dragon International Group Corporation
Dragon International Group Corp. ("Dragon") owns 100% ownership interest of Ningbo Anxin International Trade Co. Ltd. ("Anxin"). Anxin is located in Ningbo, Zhejiang Province, China, 200 miles south of Shanghai, and was established in 1997. Anxin is one of China's leading manufacturers and distributors of a wide variety of specialty paper products and packaging materials. Anxin operates one subsidiary, Yonglongxin, a manufacturing facility located in Ningbo, and Anxin holds an ISO9000 certificate and national license to import and export its product line globally. Anxin's main products are "Federal" SBS, "Hang Kong" CCB, golden and silver paperboards, holographic film Paper, pearl paperboards, laminating paper. Anxin currently has a distribution network covering east and central China. The Company and its subsidiary have cultivated strategic relationships with several of the world's largest and well-known manufacturers of paper and specialty packaging products. For more information, please visit http://www.drgg.net.
Safe Harbor Statement
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