Fort Wayne, IN -- (SBWIRE) -- 12/01/2014 -- Success Holding Group International Inc. (SHGT OTC: QB) hereinafter referred to as ("SHGT") announces the creation of its wholly-owned subsidiary, Success Drink Group Inc. ("Success Drink Group"), to market and distribute its health drink called "888 Success Drink".
Management believes that the beverage market in China has reached US $30 billion and may become one of the world's largest beverage markets, especially involving high-end health drinks. SHGT intends to utilize five major consumer chain pathways within China and during 2015 expects to market and distribute its product, 888 Success Drink, to approximately 20,000 to 30,000 chain supermarkets.
Future Business Operations
SHGT is currently seeking and identifying private and public companies in Asia as acquisition and merger candidates. SHGT is currently trading on the USA OTC:QB market and is now forecasting pretax earnings of $0.4~$0.5 per share for the final 2 quarters of this fiscal year. It is Mr. Chen's vision to have SHGT listed on the Frankfurt Stock Exchange before the end of 2014 and AMEX in the near future. This will give SHGT the leverage to acquire more valuable companies in throughout Asia. Mr. Chen and SHGT will focus on integration of chain stores and brand names, IOT (Internet of Things), alternative energy technology, internet and logistics. Mr. Chen stated "Through the newly structured public company, we will be able to pursue more aggressively to acquire quality companies in Asia. We have plans to invest or acquire up to 30 companies within the next ten to fifteen years, and our shareholders should be able to reap the benefit of the higher growth potential in the Asia region."
About Success Holding Group Int'l Inc
Success Holding Group Int'l Inc established in 1990 by the founder Mr. Chen and the holding group listed in OTCQB market of the United States. The group currently plans to invest in several branding through cooperation, investment, acquisition or cross-shareholdings, expected target market include high-end optical fiber, new energy, internet, internet of thins (IOT), and chain stores all over Asia-Pacific which includes New York?Los Angeles?Taipei, Hong Kong, Shanghai, Shenzhen, Beijing, and Nanjing,Melbourne??New Zealand? etc. Success Holding Group Corp. targets to invest at least 30 well-known brands to become one of the major holding group within 10~20 year.
Investor Relations Contact Information:
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SHGT Website: Success Holding Group International Inc.