DRGG – Dragon International Group Corp.
Stock Guru Profile DRGGDragon International is an established Chinese company. In its quest for manageable growth it has expanded by building its existing base and through acquisitions of higher profit margin companies.
Nanotechnology is an important science in many industries including packaging. Dragon International includes nanotechnolgy science in its product line. This modern packaging concept allows Dragon to develop packaging that world class. It has also allowed this company to enter the pharmaceutical market and extend its geographical sales region to India.
China’s economy grew 11.3 percent in the second quarter of 2006, the fastest in more than a decade, buoyed by mounting exports and investments. China’s underlying consumption trends are strong. This economic growth is expected to ease to 10.5 percent for 2006. Dragon is partcipating in this growth phenomena.
Dragon International operates through its four wholly owned subsidiaries and a Research and Development Center which includes nanotechnology design.
Ningbo Anxin International Trade Co. Ltd. is situated in Ningbo, Zhejiang Province, China. This is the highly developed area of China on the China Sea and south of Shanghai. The subsidiaries are:
1. Jiangdong Yonglongxin Special Paper Company, Limited (”Yonglongxin”), has five series of products which include golden and silver paperboards, aluminum foil, pearl, laser and mirror-like paperboards. Yonglongxin is able to import and export its product line globally.
2. Hangzhou Yongxin Paper Company, Limited (”Yongxin”). Yongxin manufactures, sells and distributes cigarette packing materials. Anxin owns a 60% interest in this subsidiary.
3. Ningbo Xinyi Paper Product Industrial Company, Limited (”Xinyi”). Xinyi operates in the pulp and paper industry, operating a manufacturing facility.
4. Shanghai Jinkui Packaging is a wholly owned subsidiary of Dragon International and its focus is pharmaceutical packaging and food packaging.
5. Dragon International Group also operates and acquired Research and Development facility, Xianyang Naite Research and Development Center (”R&D Center”). The purpose of the center is to implement production improvisations in the specialty packaging industry, and to develop, design and improve production methods in the specialty packaging industry in China.
Modern packaging has been an obstacle for many manufacturers in China. Americans intuitively understand that antiquated packaging imbue the product with inferior qualities whether deserved or not. Dragon Interntaional by expanding its manufacturing facilities controls not only the quality of the packaging but the supply chain logisitics. This creates a profitable, efficient, streamlined operation that delivers a product that is in high demand in China.
Stay tuned. Dragon International has placed itself squarely in this growth sweet spot. We will look at its focus and why now is the time to capture this rapidly expanding market.
DRGG – Dragon International Group Corp.
Bldg 14, Suite A09
29 Dongdu Road
International Trading Center
Ningbo, 315000 China
Website: http://www.drgg.net
Phone: 86-574-56169308
Fax: 86-0574-56169378
Contact:
Andrew Brown
ROI Group Associates, Inc.
Tel: 212-495-0202
Email: abrown@roiny.com
SOURCE: Dragon International Group Corp.
About Dragon International Group Corp. Dragon International Group Corp. (OTCBB: DRGG) is one of China’s leading manufacturers and distributors of specialty paper products and packaging materials. DRGG is operating as a manufacturer and distributor of paper and integrated packaging paper products. DRGG has a distribution network covering east and central China. Dragon and its subsidiaries 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 and Forward Looking Statement: Certain statements set forth in this article constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements, including the Company’s ability to obtain sufficient financing to fund both its internal growth opportunities and acquisition strategy. More information about the potential risks and factors that could affect the Company’s business and financial results is included in the Company’s filings, available via the United States Securities and Exchange Commission at http://www.sec.gov/.
Disclosure: Pentony Enterprises LLC was compensated $22,500 from non-controlling third party ROI Group Associates for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
