CLAREMONT, CA– (April 15, 2016) – Kiwa Bio-Tech Products Group Corporation (OTC: KWBT) reported that on April 12, 2016 Kiwa signed a strategic partnership agreement with Living Green Agricultural Technology Co., Ltd. (Living Green), Hainan CCOOP Holdings Co., Ltd. (CCOOP) and Beijing Community Service Association, an agency of the Beijing Municipal Government (the “Association”) to jointly create a development company to open nearly 1000 community service chain stores in Beijing for safe farm products. For this project, CCOOP will provide cash investment, Beijing Community Service Co., Ltd. will provide governmental resources and Living Green and Kiwa will provide supply channels for safe agricultural products and management.
Kiwa believes that this strategic partnership will provide enhanced marketing channels for the agricultural products utilizing Kiwa’s environmentally-friendly fertilizer products, and increase Kiwa’s brand loyalty among Kiwa’s fertilizer customers and support the implementation of Kiwa’s ecological and safe agriculture business plan. It is expected that the Beijing Government will recommend that senior citizens who receiving governmental allowances buy agricultural products from the chain stores. This would represent approximately 3 million potential consumers for the chain stores.
Jimmy Ji Zhou, Kiwa’s CEO, said “the partnership of Kiwa, Living Green, CCOOP and Beijing Community Service Association will open new markets for sales of Kiwa’s fertilizer products. We believe that by promoting safe planting in rural areas of China with Kiwa biological fertilizers and bringing safe agricultural products to the urban population, Kiwa’s sales will be increased, and, more importantly, reliable food security will be provided for consumers in China.”