GLCC: Miluga Bread signed contract with Wal-Mart Shenzhen

Beijing / CN. (prn) Good Life China Corporation (GLCC) announced that its Shenzhen Bread Company (Miluga Bread) subsidiary has signed a cooperation agreement with Wal-Mart in Shenzhen for the purchase of a wide variety of bakery products. The products include traditional baked products as well as an agreement for Miluga´s very popular moon cakes. Wal-Mart Stores is one of the biggest and most exclusive chain stores in Hubei Province, having more than eleven branch stores around Shenzhen alone.

Importantly, it is a testament to Miluga´s production capabilities and quality control that it is able to meet the strict standards of Wal-Mart – GLCC said in a statement: Key factors that gave Miluga the competitive edge include superior product quality, excellent service and on-time delivery. Gross revenues by Wal-Mart from the sales of Miluga´s mooncakes alone are projected to reach more than two million CNY annually – in China a lot of money.