Dragon Capital Group announced that its subsidiary, Shanghai Zhaoli Technology Company, Limited has received Distribution Rights from Fuji Xerox Co., Ltd. for their line of printers, and printer consumable products. Dragon Capital Group is a holding company of emerging high-tech companies in China.

Fuji Xerox Co., Ltd., a joint venture partnership between the Japanese photographic firm Fuji Photo Films Co. and the American document management company Xerox, develops, produces and sells xerographic and document-related products and services in the Asia-Pacific region. Shanghai Zhaoli will distribute the Fuji Xerox line of products throughout its sales network in China.

Chairman and CEO, Lawrence Wang, stated, "We are very excited to work with Fuji Xerox. As a distributor of office related products we believe that it is important to work with one the most well known and trusted brands in the world. We intend to build upon this relationship, as we believe it opens an important potential revenue stream for our company, and focus our efforts on working hard to forge a long lasting partnership with Fuji Xerox."

The stock closed yesterday at a Penny a share.