Ontario, CA— (January 26, 2018) – Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) (“Kiwa Bio-Tech” or the “Company”), a Company focused on eco-friendly biological fertilizers promoting eco-friendly agriculture, signed a Strategic Cooperation & Confidentiality Agreement with The Rural Science and Technology Development Center of Shaanxi province (“The Center)” lately, to reinforce agricultural technology development and promote local rural advancement.
The Rural Science and Technology Development Center is an innovative technology instititution focused on kiwi research and development. Under terms of the agreement, Kiwa Bio-Tech and The Center has cooperated to establish a Eco-friendly Agricultural Fruit Planting Demonstration Park and started experiment on Kiwa Bio-Tech’s microbial fertilizer and soil resoration products.
The significance of the strategic cooperation is twofold:
First, the test results will be widely recognized thus helping the Company further promote Kiwa microbial technology and fertilizer products to the agriculture market, the enviornment protection market and the soil restoration market.
Second, Kiwa Bio-Tech and The Rural Science and Technology Development Center will also cooperate on the establishment of the Standard System of Eco-friendly Agricultural Industry Chain, and seek opportunities for introducing quality fruit products of Shaanxi province into the international market.
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