VANCOUVER, British Columbia, June 29, 2017 (GLOBE NEWSWIRE) -- First Growth Holdings Ltd. (TSX-V:FGH) (“First Growth” or the “Company”) wishes to announce that, the Company has decided to deregister Jiafeng International Investment Management (H.K.) Co., Limited (the “HK Subsidiary”) for streamlining the structure of the Company. In addition, the Company has decided to terminate the operation and cancel the business registration of Jiayuan International Trade (Shanghai) Co., Limited (the "SH Subsidiary") due to unfavorable financial situation.
About First Growth Holdings Ltd.
First Growth is a Canadian-based company that identifies and develops strong brands in the Canadian and international markets. First growth’s brands have a global reach in today’s modern world with the rapid adoption of social media and advancements in technology. First Growth recognizes the potential for its brands to penetrate international markets and will be focused on developing each one of its brands to its fullest potential.
ON BEHALF OF FIRST GROWTH HOLDINGS LTD.:
“Ting Zhao”
Ting Zhao
Chief Executive Officer
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