Dragon International Group Corp ("Dragon

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Dragon International

Dragon International Group Corp ("Dragon International") manufactures and distributes high end packaging products utilized in the packaging of pharmaceuticals as well as food and beverages and operates as an agent of pulp and related paper products. Dragon International was listed on OTCBB in October, 2004.

With the acquisition of Shanghai Jinkui Packaging Material Co., Ltd ("Jinkui") in June 2006, Dragon International trasitioned itself from manufacturing and distributing packaging products for tobacco, alcohol, gifts, cosmetics, tea to specialty packaging products, which creates a higher gross margin.

Dragon International holds an ISO9000 certificate and national license on import / export. The manufacturing facilities have reached advanced international standard and passed through state Good Manufacturing Process (GMP) inspection.

Our primary products are Cold forming blister aluminum foil, Tropical blister foil, PTP blister foil, SP laminated strip pack, AL/PE laminated strip pack, and Laminates for suppositories, including 8 series and a wide varieties. We are the pharmaceutical materials supplier for the markets in China as well as in Southeast Asia, Africa and South America

Dragon International Group Corp.                                             
No. 201, Guangyuan Road, District C
Investment Pioneering Park Jiangbei
Ningbo, China 315033

Tel: 86-574-83070703
Fax: 86-574-83070757

Dragon International Group Corp.
U.S. Representative Office
431 Fairway Drive, Suite 200
Deerfield Beach, FL 33441

Office: 954.363.7333 ext. 315
Fax: 954.363.7320


Info@DRGG.us

Share structure:

A/S - 225,000,000

O/S -  134,752,772 (per US Rep's office 3/1/2011)

Latest Financial Info (taken from 10Q dated 5/19/09):

CONSOLIDATED BALANCE SHEETS
March 31, 2009
June 30, 2008
(Unaudited)
ASSETS
CURRENT ASSETS:
Cash
$ 96,217 $ 139,714
Accounts receivable, net
1,526,136 2,961,450
Inventories
2,435,135 2,701,656
Advances on purchases
6,494,989 5,034,567
Other receivables
102,595 57,536
Prepaid expenses and other current assets
85,452 39,291
Subsidiaries held for sale
- 9,149,516
Total Current Assets
10,740,524 20,083,730
CASH RESTRICTED
- 240,112
PROPERTY AND EQUIPMENT - Net
3,058,823 3,125,797
IINTANGIBLE ASSETS
3,104,923 2,813,666
DEFERRED EXPENSE
24,309 28,525
TAXES RECEIVABLE
35,206 -
Total Assets
$ 16,963,785 $ 26,291,830
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Notes payable - current portion
$ 4,569,200 $ 4,479,563
Notes payable - related party
1,022,555 1,018,657
Accounts payable
2,775,766 2,921,503
Accrued expenses
334,125 283,616
Advances from customers
102,521 62,504
Tax payable
- 40,015
Due to related parties
93,176 -
Subsidiaries held for sale
- 6,186,118
Total Current Liabilities
8,897,343 14,991,976
STOCKHOLDERS' EQUITY:
Preferred stock $.001 Par Value; 25,000,000 Shares Authorized;
No shares issued and outstanding
- -
Common stock $.001 Par Value; 200,000,000 Shares Authorized;
134,752,772 and 117,033,022 shares issued and outstanding at March 31, 2009 and June 30, 2008, respectively
134,753 117,033
Additional paid-in capital
12,329,088 11,640,962
Accumulated deficit
(5,586,098 ) (1,800,842 )
Subscription receivable
(187,413 ) -
Other comprehensive income - foreign currency
1,376,112 1,342,701
Total Stockholders' Equity
8,066,442
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