CUIDAO HOLDING CORP.
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Cuidao Holding Corp., with registered head office located in Hollywood, Florida, is a development stage company that imports, develops, manages and distributes beer, wine and spirits. The company’s imported beer products consist of draft, light and amber beers brewed by the Tsingtao Brewery in China. The beers are sold under the brand name “Red Dragon”. Its wine products include a diverse line of popular premium and super premium wines produced in the Bordeaux region of France and imported from South Africa. Cuidao Holding was formed to participate in specific niche segments of the United States alcoholic beverage market. It was incorporated in February 1996.
Cuidao Holding Corp. is a development stage company that was formed to participate in specific niche segments of the United States alcoholic beverage market by acting as an importer and supplier of a variety of beers, wines and spirits. The Company’s current product portfolio encompasses three principal product lines: imported beer, wine and spirits.
Description and history
Cuidao Holding Corp., incorporated on February 1996, is a development stage corporation that was formed to participate in specific niche segments of the United States alcoholic beverage market by acting as an importer and supplier of a variety of beers, wines and spirits. The Company’s current product portfolio encompasses three principal product lines: imported beer, wine and spirits.
The Company’s imported beer products currently consist of four crafted beers brewed for the Company by the Tsingtao Brewery No. 3 in the People’s Republic of China. The four beer products are a draft, light, extreme and amber beer that are bottled and sold under the Company’s own Red Dragon label.
The Tsingtao Brewery No. 3 is located at the foot of the Tin Zhu Mountains in Shangdong Province. In producing its beer products, the brewery utilizes a unique patented process, which is designed to eliminate all impurities from the water used in the brewing process, thus creating a beer that tastes pure, and is clear. The brewing process utilized by the Tsingtao Brewery No. 3 has earned the brewery a number of national quality awards in China such as the Medal of Most Popular with Consumers, the Medal of Beer Trusted by consumers (issued in the First Light Industry Fair), the title of Qingdao High Quality Product, and the title of National Ten Best Stars.
The owner and operator of Tsingtao Brewery No. 3 is Tsingtao, China’s most famous beer producer. Tsingtao’s regular beer product, Tsingtao Beer, is the number one Chinese Beer imported in the United States and ranks among the top 50 imported beers (out of over 600 brands) in the United States.
The Company’s wine portfolio consists of two current categories of wine. One is distributed for maximum earning potential throughout the State of Florida while the other has been obtained for the purpose of nationwide importation and sub-distribution rights. Wine that was originally targeted during 1998 for mass distribution became a secondary target under management’s direction in 1999. With the ability to import and also distribute in the state of Florida in 1999, management focused its efforts on the Bordeaux Region Chateaus and wine from the Beaune area of France, which is know for it’s top of the line Burgandy wines. The Company’s portfolio of wines currently consists of wines from a few of the following producers: Maison Riviere Fils, Savas, SA Cave Du Haut Poitou and Patriarche. In addition, the Company represents many to numerous to list petite chateaus from throughout the bordeaux region.
During 1999, the Company also imported South African wines from Laibach Vineyards. Met with uncertainty from the retailing community, as to the demand for South African wines, management is currently evaluating this part of its portfolio.
The Company sources its wine products through a network of producers and negotiants. Through its active role in the sourcing decision, the Company makes its own determination as to the quality and price characteristics of the wines that the Company adds to its product portfolio, and thereby is assured of its ability to offer wines of quality and value.
During 1999, with insufficient working capital available, the Company was unable to properly develop its spirits portfolio. The Company with the appointment of it’s nationwide distribution contract by F.X. De Beukelaer in 1998 still has the rights to import, distribute and develop those lucrative premium spirits in the market place. In addition to its multiple flavored fruit vodka products, DeBeukelaer produces vodka, gin and other prepackaged cocktails. Management, upon obtaining sufficient capitalization, will enter the spirits marketplace after obtaining ATF approvals in the fourth quarter of 2000.
The Company competes with a variety of importers and suppliers of alcoholic beverage products, many of whom have significantly greater financial, management, administrative, distribution and marketing resources and a higher level of brand recognition than the Company. With respect to its Red Dragon brand, the Company anticipates competition from Monarch Import Co. Inc., the importers and distributors of China’s most famous brand, Tsingtao Beer. With respect to its wine and spirits products, the Company expects to compete with major importers, distributors and suppliers of domestic and foreign wines such as Allied Domecq Spirits and Wine, Canandaigua Brands Inc. and Brown-Forman Corporation.
Formed to participate in specific niche segments of the United States alcoholic beverage market
Development stage company that imports, develops, manages and distributes beer, wine and spirits
BAUM (JOEL S.)
US SIC Code
2951, Simms Street
City province or state postal code
33020, HOLLYWOOD, FL
Phone: +1 954 924 0047
Fax: +1 954 924 8171
Country address: UNITED STATES OF AMERICA