Ontario, CA— (February 10, 2018) – Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) (“Kiwa Bio-Tech” or The “Company”), a manufacturer of leading eco-friendly biological fertilizer products, announced today that the Company has signed a strategic cooperation agreement with Harbin Institute of Technology Environment Ltd. (hereby referred to as “HIT”), to contribute to the development of eco-friendly agriculture in China through joint effort.
Harbin Institute of Technology Environment Ltd. is an innovative enterprise founded by Harbin Institute of Technology and Daqing City Government. HIT has developed the National Urban Water Resource & Aqua-Environment Laboratory and the National Engineering Laboratory of Resource-Based Technology. The laboratories have competitive advantages in ecological construction, ecology restoration, oil equipment, new materials and development of new energy.
Under terms of the strategic agreement, Kiwa Bio-Tech and HIT’s cooperation will focus on three perspectives:
- Establishing Yangling Environment and Agriculture Research Institute.
Kiwa Bio-Tech and HIT will work together to upgrade agricultural technology in China, and ensure the food safety.
- Promoting application of scientific research results in alleviating agricultural pollution andenhancing environmental protection.
- Cooperating to expand soil restoration market in China.
Kiwa Bio-Tech and HIT will cooperate in research on soil pollution, soil compaction, soil desertification, and soil salinization.
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.
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.
Kiwa Bio-Tech Products Group Corporation
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