GDHI Opens B2B Online Stores in China Internet Market

BEIJING, June 16 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other
OTC: GDHI) www.gdfbhk.com kicks off online B2B store in China's largest
business-to-business portals www.alibaba.com, www.21food.com & www.EC21.com
marking the company's debut into China's B2B marketing sector. The company's
strategy is to expose the products it currently represents, and enroll
distributors throughout China, S. Korea, Japan and Singapore and sell directly
to consumers via the online store.

Mr. Eddie Gao, Beijing Manager stated, "Alibaba.com, 21Food.com & EC21.com are
the global leaders in the B2B internet market in China, this will give us
instant exposure to distributors in provincial China, that qualify and meet
our requirements to distribute our products outside of Beijing. We will be
able to manage shipments from our warehouse in Beijing."

About Alibaba.com
Alibaba.com Limited (HKSE: 1688.HK) is the global leader in
business-to-business (B2B) e-commerce and the flagship company of Alibaba
Group. Founded in 1999, Alibaba.com makes it easy for millions of buyers and
suppliers around the world to do business online through three marketplaces: a
global trade marketplace for importers and exporters, a Chinese marketplace
(www.alibaba.com.cn) for domestic trade in China, and, through an associated
company, a Japanese marketplace (www.alibaba.co.jp) facilitating trade to and
from Japan. Together, its marketplaces form a community of 40 million
registered users from more than 240 countries and regions. Headquartered in
Hangzhou, Alibaba.com has offices in more than 40 cities across Greater China
as well as in Europe and the United States. Alibaba.com completed its US$1.7
billion initial public offering on the Hong Kong Stock Exchange in November
2007, the biggest Internet IPO since Google's 2004 offering on the NASDAQ.

About EC21.com
EC21 is the world's largest B2B marketplace to facilitate online trades
between exporters and importers from all around the world. EC21 currently
holds hundreds of thousands of suppliers and buyers from 240 countries as its
members, and the number of members is rapidly growing. More than 1 million
business people are visiting EC21 Web site every month to find their business
partners. EC21 assures the world's biggest product database as a B2B
eMarketplace with 2,000,000 different products available. We also support
suppliers by providing information of more than 900,000 buyers. Based on our
experiences in the field of internet trade since 1996, EC21 understands
exactly what suppliers and buyers want. With its user-friendly system and
powerful features, EC21 provides effective tools to lead your companies to
success in global business.

About 21Food.com
21food, as No.1 food B2B E-marketplace located in China, offers comprehensive
e-commerce solution to both Global Food Buyers and Suppliers and help them
establish good business relationship through our marketplace (B2B website).
21food's global business solution for both Food Suppliers and Buyers are not
limited to e-commerce, but are expanded to series of free services and premium
solutions both online and offline, including Global Food Trade Show Promoting,
Magazine Marketing, Directory of China Food Suppliers, Advertising, Free
Sourcing for Global Buyers and so on. As one famous B2B website, 21food
gathers worldwide food buyers and suppliers to form the largest food
professionals communities to upgrade global food trade business by our
featured services. Open your global food world, just one mouse click!

Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.'
Statements describing objectives or goals or the Company's future plans are
also forward-looking statements and are subject to risks and uncertainties,
including the financial performance of the Company and market valuations of
its stock, which could cause actual results to differ materially from those
anticipated. Forward-looking statements in this news release are made pursuant
to the 'Safe Harbor' provisions of the United States Private Securities
Litigation Reform Act of 1995.

SOURCE Golden Dragon Holdings, Inc.

Golden Dragon Holdings, +1-888-889-8185, ir@gdfbhk.com