China Shoe Signs Agency Agreements with Distributors in Three Provinces
17 Julio 2008 - 8:30AM
PR Newswire (US)
Company taking further steps to execute the expansion plan to
regions outside of Shanghai SHANGHAI, China, July 17
/Xinhua-PRNewswire-FirstCall/ -- China Shoe Holdings (OTC:CHSH)
(BULLETIN BOARD: CHSH) today announced that the Company has signed
agency agreements with distributors from three provinces in China
for promotion of the Company's own brands of "Kanggies" and "CCR".
The three provinces are Guangdong, Fujian and Jiangxi, occupying
the South and Southeast part of China. All three provinces have
experienced rapid economical growth in recent years, with
population of over 77.8 million, 35.4 million and 42.8 million
respectively. The distributors will be setting up distribution
channels in their corresponding provinces to market China Shoe's
brands of ladies footwear. The Company will conduct dedicated
trainings with these distributors to enhance their executions.
"Apart from the previously announced development plan in the
Shanghai region, our marketing strategy will also extend to other
provinces via cooperation with local agents. It is anticipated that
before the end of year 2009, our distribution channel should cover
most of the major cities and provinces in China," commented Mr. GU
Xiangzhong, Chairman and CEO of China Shoe Holdings. About China
Shoe Holdings, Inc. Based in Shanghai, China, China Shoe Holdings
manufactures, designs and sells private label and its own branded
footwear throughout China and in overseas markets, principally
Japan. China Shoe Holdings has its own manufacturing facilities
located in China. China Shoe Holdings has built a diversified
customer base throughout China and overseas. Safe Harbor Statement
This release may contain forward-looking statements. These
forward-looking statements are neither promises nor guarantees, but
involve risks and uncertainties that may cause actual results to
differ materially from those in the forward-looking statements.
Readers should not place undue reliance on any such forward-looking
statements that are based solely on information known as of the
date of this release. China Shoe Holdings, Inc. disclaims any
obligation to update or revise any such statements to reflect any
change in expectations or in events, conditions or circumstances on
which any such statements may be based or that may affect the
likelihood that actual results will differ from those contained in
the forward-looking statement. DATASOURCE: China Shoe Holdings,
Inc. CONTACT: China Shoe Holdings, +86-21-5958-7756, or
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