2009
12.09

Good Life China (GLCC) CEO and Board Of Directors Message

BEIJING, Dec 09, 2009 /PRNewswire-FirstCall via COMTEX/ — Good Life China Corp. (GLCC; www.goodlifechina.com) The new CEO and management of Good Life China would like to use this opportunity to introduce Shenzhen Wandiantong Trade Co., Ltd. (English trade name Q-mart), Qmart the newly merged convenience store chain with GLCC.

Zhidong Wang, The new CEO of GLCC said “Qmart was established in 2002. We own and operate a chain of convenience stores dedicated to the management and promotion of household brand name products.

After several years of strategic growth, Qmart now operates 200 stores staffed by over 600 employees. The Company operates mainly through the 24-hour business model to provide consumers with high-quality, diversified products and convenient intimate personalized value-added services, geared towards consumer products.

Early on, Q-mart began as a local convenience store brand in Shenzhen China. We then expanded into Dongguan. The next step will be developed to the network in Guangzhou, Huizhou and beyond.

The passing year 2009 had established itself as one of the harshest years in the global economic environment, and hit many unsuspecting retailers particularly hard. It has brought many companies, including our the former subsidiary of GLCC Haorizi, into distress. Having said that, Q-mart is excited to launch its cooperation with GLCC and plans to transform the company into one that will offer a sustainable growth and increased value. Q-mart had become the majority shareholder in GLCC with the acquisition. We are determined to succeed as a part of this outstanding organization.

GLCC had crossed a treacherous pass in the recent economic uncertainty, but Q-mart’s dynamic multi-service, prosperity-dedicated methods and adaptable business model had proved successful. We expect to thrive as a part of GLCC in the upcoming period. Q-mart offers a great potential for GLCC’ growth, and we will work vigorously and deliver the highest possible value to the shareholders.

Starting fresh, as a forward-thinking organization, we are currently reviewing and rejuvenating our products and services portfolios, to outperform in the service industry and attract new customers. We ask the difficult questions, so our shareholders don’t need to. We identify our options for growth, and seek weaknesses that we need to eliminate in order to outperform in the service industry.

The new management acknowledges that there are some pending matters still being resolved such as the processing of GLCC dividends, which are finally being reclassified and being distribution is commencing.

Q-mart’s vision for the new GLCC. is to lead the way and introduce superior innovation in the China’s service industry, exposing customers to the superior innovative services and present a plan for sustainable growth”.

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