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SOURCE Big Tree Group Inc
SHANTOU, China, November 5, 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 that it received purchase orders for toy products valued at approximately $3.6 million from a leading U.K-based discount retailer operating over 450 stores throughout the U.K. and Northern Ireland
Big Tree Group has already completed partial delivery of the toy products and expects to complete full delivery by the end of December 2013. The purchase orders call for delivery of a dozen different toy products including electronic learning games, beach toys, digital toys, plastic toys, instruments, play sets, and dolls. Big Tree Group sees the successful completion of these orders as a significant milestone for the company in its efforts to expand international sales to larger retailers in Europe and further validate its global toy distribution capabilities.
Mr. Wei Lin, Chairman and CEO of Big Tree Group, stated, "We are very pleased to have received these orders from one of the most respected discount retailing companies in the U.K. The ability to demonstrate our turnkey toy procurement solutions to larger retailers in key international toy markets such as Europe significantly enhances our global sales efforts and helps set us apart from the competition. We intend to work aggressively to expand our European distribution channels in order to position our company to deliver strong financial growth for our stockholders in the quarters and years to come."
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 http://www.bigtreegroup.net
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.
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