SHANTOU, China, December 17, 2013 /PRNewswire/ --
Big Tree Group, Inc. (OTCQB: BIGG) ("Big Tree Group"), a company
that serves as a "one stop shop" for the sourcing and distribution
of toys and related products, announced today its plans to open a
toy sales and distribution center in Thailand in order to expand its sales presence
in the Southeast Asia market.
Big Tree Group has entered into an agreement with Bumrung Muang
Plaza Company Limited for the planned leasing of approximately
4,000 square meters of showroom space in Bangkok, Thailand. Big Tree Group
intends to use the showroom as a hub for the expansion of its toy
distribution business in the rapidly growing Southeast Asia market. Asia currently
represents the third largest regional market for global toy sales,
trailing only North America and
the European Union. According to many industry experts,
Asia will become the largest
market for traditional toys and games in this decade. As a
result, Thailand and other parts
of Southeast Asia represent a
strong growth opportunity for Big Tree Group in the coming years,
making the establishment of a physical presence in the region key
to building future regional sales relationships.
Mr. Wei Lin, Chairman and CEO of
Big Tree Group, stated, "In addition to building our strong
presence in regions such as the European Union and North America, we are targeting future growth
from emerging economies. With expectations for strong
economic growth in Southeast Asia,
especially in Thailand, in the
coming years, we expect the toy industry here to grow at a very
healthy pace for the foreseeable future as more consumers increase
their discretionary spending. We see this as the right time
for us to expand our operations into Thailand and establish this center as a hub
for our overall growth in Southeast
Asia."
About Big Tree Group, Inc.
Big Tree Group, Inc., headquartered in Shantou, China, a city known in the toy industry as the
premier location for toy manufacturing in China, serves as a "one stop shop" for the
sourcing and distribution of toys and related products. We
act as an authorized agent for over 8,000 toy manufacturers in
China offering in excess of
300,000 varieties of toy products including remote control toys,
digital toys, sports toys, play sets, educational toys, dolls, and
infant toys. We showcase these products at our two expansive
showrooms in Shantou where we also facilitate orders and combine
shipments to destinations across the globe. Customers can
also order via our website knowing that the products we represent
have undergone rigorous quality control tests at our in-house
testing facility. Additionally, we market a line of
proprietary construction toys known as the Big Tree -Magic Puzzle
which we sell on our websites as well as through domestic retail
store channels. For more information about the company,
please visit For more information about the company, please visit
http://www.bigtreegroup.net
DISCLOSURE NOTICE:
In connection with the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, Big Tree Group, Inc., is
hereby providing cautionary statements identifying important
factors that could cause our actual results to differ materially
from those projected in forward-looking statements (as defined in
such act). Any statements that are not historical facts and that
express, or involve discussions as to, expectations, beliefs,
plans, objectives, assumptions or future events or performance
(often, but not always, indicated through the use of words or
phrases such as "will likely result," "are expected to," "will
continue," "is anticipated," "estimated," "intends," "plans,"
"believes" and "projects") may be forward-looking and may involve
estimates and uncertainties which could cause actual results to
differ materially from those expressed in the forward-looking
statements. We caution that the factors described herein could
cause actual results to differ materially from those expressed in
any forward-looking statements we make and that investors should
not place undue reliance on any such forward-looking statements.
Further, any forward-looking statement speaks only as of the date
on which such statement is made, and we undertake no obligation to
update any forward-looking statement to reflect events or
circumstances after the date on which such statement is made or to
reflect the occurrence of anticipated or unanticipated events or
circumstances. New factors emerge from time to time, and it is not
possible for us to predict all of such factors. Further, we cannot
assess the impact of each such factor on our results of operations
or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in
any forward-looking statements. This press release is qualified in
its entirety by the cautionary statements and risk factor
disclosure contained in our Securities and Exchange Commission
filings, including our Annual Report on Form 10-K for the fiscal
year ended December 31, 2012.
Contact:
US Representative
Tel: +1-954-363-9333, Ext. 316
Email: IR@bigtreegroup.net
SOURCE Big Tree Group, Inc.