Yangling, Shaanxi— (July 11, 2019)––Kiwa Bio-Tech Products Group Corp. (OTCQB: KWBT) (“Kiwa Bio-Tech” or “the Company”), an emerging agricultural company that develops, manufactures and markets bio-fertilizers for use in the multi-billion China agriculture and aquaculture markets recently visited Jingbian County, Yulin, Shaanxi, to perform due diligence and analyze the digital operation mode of The Modern Agricultural Cooperative Agency of Beijing Nonghe Tianxia Information Technology Co., Ltd. (“Beijing Nonghe Co., Ltd. ”).
Beijing Nonghe Co., Ltd. is a company that researches and explores the development model and operation mechanism of modern agricultural cooperatives for a long time, and provides comprehensive services such as top-level design, talent coaching, software R&D, financial support and sales of high-quality agricultural products for cooperative development. The company launched the first domestic modern agricultural cooperative SaaS service platform – “He Jiahuan Cooperative Stewardship”, which helps the sustainable development of modern agricultural cooperatives from the aspects of standard operation, system management, platform resources and offline services. Since its establishment, the company has served more than 200 service companies and more than 5,000 service cooperative agencies.
During the analysis process, representatives of Kiwa visited the farmer’s professional cooperative and farmer’s demonstration shop in Jingbian County, operated by Sannong E-Commerce Co., Ltd. in Jingbian County; and the Yidangwan Collective Economic Cooperative of Dongkeng Town, Jingbian County. Kiwa personnel got a deep understanding of the digital operation mode of modern agricultural cooperatives promoted by Beijing Nonghe Co., Ltd. and their self-developed “Hejiahuan Cooperative Stewardship” management platform (“Hejiahuan Management Platform”). In the meantime, the parties had a discussion regarding the difference between the operation mode of Beijing Nonghe Co., Ltd. and The Trinity Agricultural Marketing Model of Kiwa Bio-Tech, to see if the existing functions of the Hejiahuan management platform can meet the needs of Kiwa Bio-Tech’s digital operation of The Trinity Agricultural Marketing Model. It was concluded that both parties intend to have ongoing dialogue and further cooperation.
Yidangwan in Jingbian County
According to the discussion, after the official launch of the cooperation, Beijing Nonghe Co., Ltd. will optimize and upgrade the original Hejiahuan management platform according to the requirements of Kiwa Bio-Tech, combined with the specific needs of The Trinity Agricultural Marketing Model for digital operation. It will not only realize the complete online data information collection, but also realize the systematic, efficient and convenient operation of the entire service process. In addition, through the support of technology, services and models provided by Beijing Nonghe Co., Ltd., the village collective cooperatives which cooperated with Kiwa will also be introduced to the digital management platform and business model designed and implemented by Beijing Nonghe Co., Ltd., so that farmers and village collectives will not only realize the real profit sharing but also make the village collective economic development become more active, let the farmers’ agricultural production become more precise. It is more obvious to rely on the modern agricultural industrial chain to upgrade and optimize the profit.
About Kiwa Bio-Tech Products Group Corp.
Leader in Eco-friendly Agricultural Industry Chain
Kiwa Bio-Tech Products Group Corp. (KWBT) is a publicly traded company with corporate headquarters in the Yangling, Shaanxi, China. The company develops, manufacture, markets and distributes innovative and environmentally safe bio-technological products for agriculture.Kiwa’s focus is to positively impact the environment by reducing the amount of chemical fertilizers that are being used by agricultural growers in China.
Kiwa Bio-Tech Products Group Corp. products are covered by patent protection and are designed to enhance the quality of human life by increasing the value and productivity of agricultural crops.
For more information on Kiwa Bio-Tech Products Group Corp. or its bio-fertilizer products and smart soil remediation technology, please refer to the Company’s website at www.kiwabiotech.com. or the Company filings with the United States Securities and Exchange Commission at www.sec.gov.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company’s actual results may differ materially from those anticipated in the forward-looking statements depending on a number of risk factors including, but not limited to, the following: general economic, business and environment conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology, the execution of its ten-year growth plan, the foreign exchange risk amid the unexpected announcements by the PRC government and various other factors beyond the Company’s control. Kiwa Bio-Tech Products Group Corp. specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.
Kiwa Bio-Tech Products Group Corporation