Kiwa Bio-Tech Product Group Corp.(OTCQB:KWBT) is pleased to announce the company’s expansion into China’s Shangdong Province. Kiwa Bio-Tech Vice –President of sales Mr. Xiaoqiang Yu,recently completed an in depth market analysis of the fertilizer market of the Shangdong Province. The result of the market analysis clearly indicate the need for Kiwa Bio-Tech-fertilizer products throughout the Shangdong Province.
Shangdong is one of the main granary province located in eastern China which major crops are wheat, corn and sweet potato. According to the statistics from the National Bureau of Stastics of China,Shangdong province ranks the third of China in 2015 with11,238,200 Mu(approximately 1,851,346 acres) of grain acreage and 47,127,000 tons of grain output. The stastics also show that Shangdong province is outstanding with copious cotton in China,which ranked second only to Xinjiang Province in 2015 with 7,732,500 Mu(approximately 1,273,828 acres) of cotton acreage and 537,000 tons of total output.
“As the third-strongest grain province of China,Shangdong market plays a significant role in Kiwa’s development and offers Kiwa with a huge market potential for many years to come. Shangdong occupies far more agricultureal land than other Chinese province and our research date shows much more serious soil problem in this area that has been caused by improper fertilization or excessive fertilization for decades. It indicates that more problematic soil are waiting for restoration which also means a great market potential for us.” Statesd Mr. Yu.
Under the constant support by the China government’s policies and subsidies,it is anticipated that Kiwa Bio-fertilizer use will spread nationwide at a very fast pace. Kiwa Bio-fertilizer not only have the effectiveness of traditional fertilizer, but also meet the green agriculture required by Chinese government, which make its entrance for Kiwa’s products a natural step into the Shangdong market.
“Kiwa Bio-Tech believes that with our new market plan implemrnted successfully, the sales channels of the Shangdong market will be opened to Kiwa and the company will substantially boost sales and increase corporate profit,” added Yu.