Ontario, CA— (March 6, 2018) – Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) (“Kiwa Bio-Tech” or the “Company”), a Company focused on eco-friendly bio-based fertilizers promoting soil health, announced today that the Company established a new retail outlet store in Fu County, Shaanxi Province. At the grand opening, the Company introduced its new line of bio-fertilizer products for the regions apple growers.
“As part of the success of the grand opening, Kiwa is pleased to announce that the Company has received orders of nearly 700 tons of our bio- fertilizers,” stated CEO Yvonne Wang.
Recent statisitcs indicate that the apple-planting areas in Fu County have grown to 367,000 mu (approximately 24,466 hectares). The yield of apples was 568,000 tons and the output value has reached to 2 billion yuan (approximately $317 million dollars).
“The new distribution center will further promote Kiwa Bio-Tech’s market in Shaanxi Province. Kiwa personal will also support the training of technical staff members in local areas in terms of agricultural technology, products introduction, standard service and operational procedures, and help local farmers gain financial supports and sell qualified agricultural products,” added Wang.
Kiwa Bio-Tech Fertilizer Products Introduction and Promotion Meeting in Fu County
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
