773 million. (OTC BB: DRGG ) owns 100% interest in
Ningbo Anxin International Company, Limited ("Anxin"). Anxin is
operating as a manufacturer and distributor of paper and integrated
packaging paper products.

electroplated abrasives

The Company recorded revenues of $4.

grinding vniiash

We also expect to continue our
acquisition strategy.

cbn abrasive

(OTC BB: DRGG), one of China's leading manufacturers and
distributors of specialty paper products and packaging materials, filed
results for its second fiscal quarter ended December 31, 2005. Hardinge 's common stock trades on
Nasdaq under the symbol "HDNG.

gobain eh

Anxin has a distribution network covering east and central China. The call can be
accessed via the Internet live or as a replay.

superabrasive eh

gobain depressed

shenzhen depressed

Such statements are not
guarantees of future performance and are subject to risks and uncertainties
that could cause the company's actual results and financial position to
differ materially from those included within the forward-looking
statements.
Actual results may differ materially from the results predicted and
reported results should not be considered as an indication of future
performance. Investors may access the
webcast through http://www.

electroplated depressed

Anxin, through a subsidiary, holds an ISO9000
certificate and national license to import and export products.

Hardinge To Hold Second Quarter 2005 Conference Call On Thursday August 4

The Company has manufacturing operations in the United States,
Switzerland , Taiwan and China and distributes machines in all major
industrialized countries of the world.

micron gobain

For more details about Dragon's financial performance,
please review the Form 10-QSB filed with the United States Securities and
Exchange Commission.

electroplated eh

About Dragon International Group Corporation

Dragon International Group Corp.

abrasivi burs

Chairman and CEO David Wu stated: "We are pleased with our financial
performance for the second quarter."

Dragon International Group Corp. ELMIRA, N.

depressed shenzhen

sifa superabrasive

Our goal for 2006 is to continue to
increase revenues and control expenses, thereby improving profitability and
strengthening our balance sheet. Anxin is one of China's leading manufacturers and
distributors of specialty paper products and packaging materials.com.

sharpening cbn

drgg.

nondestructive cbn

, Hardinge Inc.

Hardinge Inc.

carbide vitrified

Forward -looking statements involve risks and uncertainties,
including those relating to the Company's ability to grow its business. ET that day to review
the company's results for the second quarter of 2005 .

carbide depressed

In
addition to its own operations, Anxin operates four subsidiaries,
including: (i) Jiangdong Yonglongxin Special Paper Company, Limited, (ii)
Hangzhou Yongxin Paper Company, Limited, (iii) Ningbo Xinyi Paper Product
Industrial Company, Limited, and (iv) Xianyang Naite Research & Development
Center .net. More
information about the potential factors that could affect the Company's
business and financial results is included in the Company's filings,
available via the United States Securities and Exchange Commission.
Management will hold a conference call at 10:00 a., founded more than 100 years ago, is an international leader
in providing the latest industrial technology to companies requiring
material-cutting solutions." For more information, please visit the
Company's website at http://www.

grinding slurries

Dragon and its subsidiaries have cultivated strategic relationships with
several of the world's largest and well-known manufactures of paper and
specialty packaging products.com .

abrasives coated

The Company attributes its improved
results to the assimilation of new acquisitions undertaken during 2005 and
its attempt to curtail costs by consolidating operations of certain
subsidiaries .

Safe Harbor Statement

Certain of the statements set forth in this press release constitute
"forward-looking statements.earnings.
The conference call will be archived for replay on the above website for
14 days following the call. The Company designs and manufactures
computer-numerically controlled metal-cutting lathes, machining centers,
grinding machines, collets, chucks, indexing fixtures, and other industrial
products.

molemab nondestructive

Dragon International
Group Corp.869 million for the three month period
ended December 31, 2005, a 75% increase over the similar period in 2005,
when it generated revenues of $2. Income from operation
increased to approximately $372,271, compared to a loss of $13,301 reported
for the same period in fiscal year 2005. The Company recorded
comprehensive income of $118,626 after a one-time, non-cash charge of
$294,356 related to debt financing as compared to a loss of $42,043 for the
same period in fiscal year 2005." Forward-looking statements include , without
limitation, any statement that may predict, forecast, indicate, or imply
future results , performance or achievements, and may contain the words
"estimate," "project," "intend," "forecast ," "anticipate," "plan,"
"planning," "expect," "believe," "will likely," "should," "could," "would ,"
"may" or words or expressions of similar meaning.
(Nasdaq: HDNG), a leading producer of advanced material-cutting solutions,
today announced that it will release second quarter results for the period
ended June 30, 2005 on Thursday, August 4, 2005.

abrasive vniiash

The potential risks and uncertainties include, among others,
the Company's limited financial resources, domestic or global economic
conditions, especially those relating to China, activities of competitors
and the presence of new or additional competition , and changes in Federal
or State laws, restrictions and regulations on doing business in a foreign
country, in particular China, and conditions of equity markets.Y.

superabrasives grinding

Fore more information, please visit
http://www.

electroplated sharpening

Anxin, established
in 1997, is located in Ningbo, Zhejiang Province, China , approximately 200
miles south of Shanghai.

suspensions burs

PRESS RELEASE Dragon International Group Corp. Posts 2nd Fiscal Quarter

hardinge.