CLAREMONT, CA– (September 22, 2016) – Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) (“Kiwa” or the “Company”) is pleased to announce that Japanese Chuon Co., LTD (the “Chuon Company”) visited Kiwa Bio-Tech (Beijing) Co., LTD in Beijing recently to discuss the role of biotechnology in agriculture and advanced methods of controlling “desert”-ification. Desertification is the process by which fertile land becomes desert, typically as a result of drought, deforestation, or inappropriate agriculture.
“In recent years we have witnessed a robust development in China’s bio-fertilizer industry. There is a strong trend towards developing health and safety in soil and agricultural products.” Stated Mr. Osawa Kunio, the CEO of Chuon Company. Mr. Osawa applauded the Chinese government’s commitment to soil protection. He also suggested that, as a rapidly growing enterprise with sixteen-years of experience in developing and marketing bio-fertilizers, Kiwa has great potential to become one of the leading bio-fertilizer enterprises in China. Chuon Company has expressed a desire to share its experience with Kiwa regarding biotechnology and soil recovery.
Mr. Song Yong Lin, Kiwa’s CTO and Technical director stated that “Japan is an eco-friendly country, which prioritizes environmental protection and has a mature system of soil remediation. Japan has great experience in biotechnological application and education, which Kiwa can deploy in its own markets.” Japan enjoys a forest coverage rate of up to 67%, which is higher than many other developed countries. Considering the similar geography and climates of China and Japan, Kiwa wishes to follow Japan’s successful experience in soil and apply it to the anti-“desert”-ification project of the China Foundation for Desertification Control. Kiwa believes that these efforts by China represent a multi-billion dollar revenue opportunity.
Both companies agreed to integrate each other’s microbial technologies and establish a practical framework to enhance international awareness. Kiwa is excited about this opportunity as it opens a new business vertical for the Company – their traditional agricultural business will now be paired with a soil preservation division that will be driven by Government policy and budget. This development will help drive growth and facilitate the use of Kiwa’s recently acquired production capacity. Kiwa believes that the first revenues that can be generated from this initiative will be in the second quarter of 2017.
About Chuon Co., LTD.
Chuon Co., LTD. was established in April 1956, located in Matsuyama, Ehime Prefecture, Japan. Chuon Company currently has offices in Beijing and Shanghai China. Since 1989, Chuon has owned its own manufacturing facility named Tsuyoshi in Matsuyama. Over the past decades, Chuon has focused on the fields of microbial technology, manufacturing and processing of agricultural foods and companies with many patents.
About Chinese Desertification Control Foundation (CFDC)
The foundation helps combat desertification in China. Conservation International Mission is to conserve the earth’s biodiversity.