Ontario, CA— (March 07, 2018) – Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) (“Kiwa Bio-Tech” or the “Company”), a manufacturer focused on eco-friendly biological fertilizers promoting safe agriculture, announced today that the Company signed a strategic cooperation contract with The College of Natural Resources and Environment of Northwest Agricultural and Forestry University (hereby referred to as “NAFU”). The contract aims to enhance Kiwa Bio-Tech’s technological innovations and contribute to the development of eco-agriculture and environmental protection in China.
NAFU has strong research advantages in the fields of soil science, plant nutrition, resource and environmental biology, environmental science and environmental engineering.
Under the terms of the agreement, Kiwa Bio-Tech will cooperate with NAFU in the following fashion:
1.Constructing the Yangling-Kiwa Bio-Tech Environment and Agricultural Research Institute Ltd. (the “Institute”), to promote development of eco-friendly agriculture and soil restoration in China.
- Promoting industrial innovation and transformation of Kiwa Bio-Tech. Promoting the application of scientific research results from NAFU to address agricultural pollution issues and to maintain sustainable resource development in order to increase the revenue of farmers.
3.Constructing national level laboratories under the framework of the Institute to form an efficient collaborative innovation community of universities, colleges and enterprise.
4.Establishing a standard system for eco-friendly agriculture to improve national food safety in China. Promoting application of high-tech bio-fertilizer and bio-pesticide research results.
Kiwa Bio-Tech’s CEO Ms. Yvonne Wang states, “Through our comprehensive joint venture, Kiwa Bio-Tech and NAFU will further accelerate technological innovation and transformation of scientific and technological advancements, the Company can further upgrade its core technology and contribute to the development of eco-agriculture and protection of the environment in China.”
About Kiwa Bio-Tech Products Group Corporation
Leader in Eco-friendly Agricultural Industry Chain
Kiwa Bio-Tech Products Group Corporation develops, manufactures, distributes, and markets innovative, cost-effective and environmentally safe bio-technological products for agricultural and environmental conservation. The Company’s products are designed to enhance the quality of human life by increasing the value, quality and productivity of crops and decreasing the negative environmental impact of chemicals and other wastes.
Kiwa is dedicated to eco-agricultural development and environmental control by developing, producing, and selling bio-technological products with high technology, low-cost, and high productivity to satisfy the growing market demand. Kiwa’s development is creating a standardized and ecologically safe agricultural industry chain platform. The Company’s development effort is based in China, and has gradually expanded to the international market.
Kiwa uses new bio-technological skills at its core, with organic, ecologically sound, and “green” practices as its theme. The Company strives for customer satisfaction and continued development. Kiwa is dedicated to making safe food, further developing eco-agriculture and upholding a responsibility of contributing to China’s agricultural safety, food safety, and a healthy lifestyle. For more information on Kiwa and its products, please refer to the Company’s website at www.kiwabiotech.com or the Company filings with the United States Securities and Exchange Commission, available for free at www.sec.gov.
Forward-Looking Statements
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 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.
CONTACT INFORMATION
CONTACT:
Kiwa Bio-Tech Products Group Corporation
Molly Han
Investor & Media Relations
