Introduction of Retail Outlet Stores of Kiwa Bio-Tech：
The Eco-friendly County-level Agriculture Retail Outlet Stores (“Retail Outlet Stores”) of Kiwa Bio-Tech Products Group Corporation (“Kiwa Bio-Tech” or the “Company”) are established to promote the Company’s microbial fertilizer products. In 2017, Kiwa Bio-Tech has initiated a “Three-Part Marketing Model” including the establishment of retail outlet stores, the promotion of microbial fertilizers and purchase of crop plants that use Kiwa Bio-Tech’s products.
The Retail Outlet Stores are also the platform for implementing the “China Smart Soil Project” developed by Beijing Jingnong Public Foundation, a state-level non-governmental organization, upon which Kiwa Bio-Tech could expand into the soil restoration market and apply the Company’s technology on restoring the polluted arable land.
The management team of the Retail Outlet stores is comprised of staff members from Kiwa Bio-Tech and the Company’s business partners. The management team members are responsible for making annual strategic plans in the local areas according to Kiwa Bio-Tech’s overall business strategy, including distributing profits and implementing the programs developed by the “China Smart Soil Project”.
Kiwa Bio-Tech has established a total of four Retail Outlet Stores in Hu County, Fu County, Zhouzhi County and Tongchuan County in Shaanxi Province. In 2018, the Company plans to set up more Retail Outlet Stores in Shandong Province, Hainan Province, Yunnan Province, Guangdong Province and Guangxi Province. By implementing the “Three-Part Marketing Model”, the eco-friendly agriculture will be developed throughout China to provide safe and green agricultural products and help increase farmers’ income.