Ontario, CA— (February 13, 2018) – Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) (“Kiwa Bio-Tech” or the “Company”), a manufacturer of eco-friendly biological fertilizers promoting safe agriculture practices, announced today the Company’s special fertilizer for Chinese Herbal Medicine will be selected by the Agricultural High-tech Industry Demonstration Area of the Yellow River Delta (“Demonstration Area”) as the products applying on the herbal medicine plating bases. The committee of the Demonstration Area also invites Kiwa Bio-Tech to apply the core technology on the salinization of the soil and popularize the technology across Mainland China.
While inspecting the Demonstration Area, Kiwa Bio-Tech also was invited to visit the Winter Jujube planting bases, covering a total area of 2,000 mu (approximately 329 acres) in Zhanhua District, Binzhou City.
About the Agricultural High-tech Industry Demonstration Area of the Yellow River Delta
For now, China has only two agricultural high-tech industry demonstration zones, including the one in Yangling and the Agricultural High-tech Industry Demonstration Area of the Yellow River Delta, which was approved in 2015 to be built in Dongying, Shandong province.
The State Council, China’s Cabinet, released a guideline to establish no more than 30 national agricultural high-tech industry demonstration zones by 2025, to create a world-leading sector focusing on innovation, talent and industry development.
In the Yellow River Delta demonstration zones, high technology will be further used to boost innovation for key agricultural categories, such as fertilizer. Research and education resources, including universities and research institutes will be present in these zones and farmers will be trained to prioritize labor structure. An integrated development of the first, secondary and tertiary industries will be promoted to coordinate rural and urban development.
Meanwhile, green development will be enhanced to develop recyclable agriculture, and information services will be strengthened to develop smart agriculture. International cooperation will be boosted to align the sector with the Belt and Road Initiative, the document added.
In addition, preferential policies such as fiscal, financial support and land will be granted to the demonstration zones.
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
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Kiwa Bio-Tech Products Group Corporation
Molly Han
Investor & Media Relations
