CLAREMONT, CA–（ January 20, 2016）– Kiwa Bio-Tech Products Group Corporation (“KWBT”) has joined with Beijing Living Green Agricultural Technology Co., Ltd. (“Living Green”) to sign a strategic cooperation agreement with Beijing Community Service Association, an agency of the Beijing Municipal Government (the “Association”).
As suppliers of safe agricultural products to the Association, Kiwa and Living Green will adopt various methods to supply safely planted agricultural products to the stores of the Association using fertilizers produced by Kiwa in Hebei Province, Hainan Province, Xinjiang, Shandong Province, Inner Mongolia and Hunan Province. Kiwa had established a cooperative relationship with Living Green in Beijing several years ago. According to the requirements of China’s food safety management, microbial fertilizers and biological fertilizers shall be used to replace chemical fertilizers to assure safe planting of agricultural products so as to reduce various hazardous residuals in agricultural products and to provide consumers with safe and healthy agricultural products. Various microbial fertilizer products researched and produced by Kiwa fit the specifications required by the Chinese government. Through its association with Living, the Company in communities in Beijing, Kiwa’s fertilizer products will be broadly used in nearly 200 national agricultural production locations in China. The Company believes that this will result in significant growth in Kiwa’s fertilizer sales in this area. Cooperative ventures such as the collaboration with Living Green are consistent with Kiwa’s new development strategy. In the future, Kiwa will seek to enhance its collaboration with Living Green.
Mr. Jimmy Ji Zhou, Kiwa’s CEO, said: “this development is consistent with Kiwa’s new strategy of enhancing its existing fertilizer and agricultural product business. The cooperation with Beijing Community Service Association at this time symbolizes the Company’s entry into the provision of its fertilizer products into the government market, which should provide the Company with increasing development opportunities.”
