The Good Life China Corp. (GLCC.PK) Receives Certification from Chinese Government
Source: http://Blog.QualityStocks.net/?p=16259Posted on Monday, July 13th, 2009 | In Market Commentary, Small & Micro Cap
The Good Life China Corporation owns a chain of convenience stores in China, providing food and other needed products to the local population. The company also supplies baked products to those stores, including bread, cakes and chocolate through its Miluga subsidiary.
The company has achieved amazing growth the last several years as its store base increased from 8 stores in 1999 to 1,600 at the end of 2007. The company plans to add thousands of stores to its base through 2011 bringing its total to 20,000 stores by the end of that year.
The Good Life China Corporation recently received an award from the Shenzhen Food Industry Association and Baking Specialty Committee certifying Miluga as one of the top ten brands in Shenzen, a city in the Guangdong province of China. “We foresee this new certification and award, together with our food self discipline recognition on food safety, to be of a great assistance for us in obtaining new business, and larger department store type accounts,” said Eric Yan, spokesperson for the company.
The company also goes under the name Haorizi Good Life Company.
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