Kiwa Bio-Tech Products Group Corp. Reports Positive Financial Results for Q3 2019 With Revenue Increasing 42%
Yangling, Shaanxi— (October 24, 2019) (GLOBE NEWSWIRE) – Kiwa Bio-Tech Products Group Corp. (OTCQB: KWBT) is pleased to announce that the Company is showcasing its leading agricultural products and technology at the 26th China Yangling Agricultural Hi-Tech Fair (referred to as “CAF”). The theme of this year’s Trade Show is “New Agriculture, New Farmers and New Countryside”.
The CAF officially opened at 9 a.m. Beijing time, with guests including Xiaoguang Chen, Vice Chairman of the CPPCC National Committee, Guozhong Liu, Governor of Shaanxi Province, Mr. Vladimir nolov, Secretary General of SCO, Leaders of the Ministry of Science and Technology and other Ministries and Commissions attending the Opening Ceremony.
The exhibition booth of Kiwa Bio-Tech Products Group Corp. (referred to as Kiwa Bio-Tech) was officially unveiled.
Governor Mr. Guozhong Liu delivers a speech at the Opening Ceremony
Since March 2018, Kiwa has participated three times at the China Yangling Agricultural Hi-Tech Fair with different themes to present to the audience and paid attendees.
At the Spring Festival in March 2018, Kiwa presented the application of microbial technology in agriculture and a series of microbial fertilizers as its core theme.
In November 2018, at the 25th CAF, Kiwa presented the theme of the contribution of the 54 Main Crop Standardized Planting Regulations to the harmless agricultural industry chain.
At this Current Fall Fair, Kiwa is presenting the theme of how “Trinity” new agricultural industry chain’s influence on “new rural areas, new farmers and new agriculture”. It focuses on the core contents of the “Trinity Model”, which is to realize the new rural construction with scientific planting, training the farmers with standardized management and promoting the development of new agriculture with industrialized operations.
Main panel of Kiwa Bio-Tech exhibition stand
At 11 a.m. Beijing time, Mr. Gaoqiang Yuan, Vice President of China Association of Foreign Funded Enterprises (CFIUS), Ministry of Commerce, arrived at Kiwa’s booth after attending the opening ceremony. Mr. Yuan gave high praise of the role of the “Trinity Model” of Kiwa Bio-Tech in China’s agriculture, and pointed out that this model should be extended to the key agricultural regions of the country with the help of Yangling’s dominant position in China’s agriculture.
Kiwa Bio-Tech as the Vice Chairman unit of the Foreign Investment Association will be summarizing a set of harmless promotion experiences and report to the National level through the Ministry of Commerce on the platform of the Foreign Investment Association which will promote the development of China’s agriculture. After visiting the booth of Kiwa, Mr. Yuan also visited Kiwa’s headquarters.
Mr. Yuan listened the presentation of Kiwa’s biotechnology and products
Mr. Yuan listening to Kiwi Planting under Company’s Trinity Model
At 3:00 p.m. Beijing time, Mr. Wei Rong, President of Rong’s Family Investment Group, the first National Capitalist in China, and a future strategic partner of Kiwa, and his delegation came to Kiwa’s exhibit booth to learn more about the Company’s technology and products.
The Company introduced the implementation of the Trinity Model in Zhouzhi, included the application of Kiwa’s biological fertilizer series, technology, finance, market and other supporting services.
Mr. Wei Rong expressed the high appreciation and also stated “The Rong’s family has a famous brand called “Xiangxian”, and has an enormous market network domestically and internationally. The agricultural produce under Kiwa’s Trinity Model of harmlessness can completely enter into the Rong’s family’s market network. In addition, Rong’s Family Investment Group is discussing all-round strategic cooperation with Kiwa and hoping to implement the cooperation as soon as possible.”
Mr. Wei Rong (right) listened to Kiwa’s biotechnology and products
Mr. Wei Rong (second from the left) and Ms. Qin Rong (first from the left), the representative of Rong’s Family Investment Group, listened to Kiwi Planting under Company’s Trinity Model.
During the opening ceremony, a large number of visitors visited Kiwa’s booth and expressed their appreciation for the innocuous Trinity and the continuous praise for the kiwi produced under the Company’s Trinity Model.
Visitors at Kiwa’s booth
Audiences attending the opening ceremony learning about Kiwa’s microbial technology and products
Yangling, Shaanxi— (October 14, 2019) – Kiwa Bio-Tech Products Group Corp. (OTCQB: KWBT) is pleased to announce that during the Chinese National holiday, Mr. Xuanjiang Song, the director of the Kiwa Zhouzhi retail outlet, led the staff to complete the acquisition of the Cuixiang kiwifruit in the first phase of the Trinity Model Planting Demonstration Park. After those baskets of even and juicy Cuixiang kiwifruit was moved into the cold storage, Mr. Song said excitedly to the leaders of the Zhouzhi Professional Farmers Association, that after these fruits are put into storage, Kiwa’s market partners, Huaguoshan, No.10 Street, Shennong Group, etc. will soon pick up the produce according to the established sales methods. The last important part of the Trinity was successfully completed, and the Trinity model ended perfectly in the trial promotion work of the Zhouzhi Kiwifruit Demonstration Park.
Starting from the Spring Festival of 2019, Kiwa Zhouzhi Retail Outlet strictly selected the kiwifruit planting base of nearly 500 mu (approximately 82 acres) in Zhouzhi according to the requirements of the Kiwa Trinity model. The varieties planted include Cuixiang, Xuxiang, Hayward, Qinmei and other major kiwifruit varieties, and the fruit farmers signed a service agreement for the Trinity Model Demonstration Park. After a planting season, the Kiwa technical team provided nearly 100 technical services to contracted fruit farmers with the assistance of the Zhouzhi Professional Agriculture Association.
For the fruit farmers who has the financial difficulties, Kiwa helped to apply for the loan from the Postal Savings Bank, purchased the insurance for the contracted fruit farmers, and arranged the meteorological service company to provide effective meteorological services for our customers.
Kiwa’s important market partner, Huaguoshan’s professionals, also visited the demonstration park several times for on-site guidance.
When the fruit growers who planted Qinmei watched their fruit being purchased by the Kiwa retail outlets, said that the Kiwa Trinity was truly designed for the fruit farmers. The services that the farmers hope to get are all considered and implemented, and the fruit farmers’ most concerned sales expectations are also realized. The most important thing is that after nearly two years of use of Kiwa’s series of fertilizer products, the fruit farmers highly recognize Kiwa’s technology and agricultural products to repair soil contaminated by chemical fertilizers, reduce the use of swelling agents, improve the sugar content of the fruit, and improve the quality of the fruit. The role of these aspects are irreplaceable.
After hearing the positive evaluation of the fruit farmers, the confidence in continuing to expand the Zhouzhi kiwifruit planting market for next year is even greater, said Mr. Song. Because we not only let the fruit farmers accept the technology and products of Kiwa, but also will allow more and more farmers to accept and rely on Kiwa by continually improving Kiwa’s service level and fruit quality. The Trinity model will let the kiwifruit industry of Zhouzhi quickly achieve the goal of improving quality and efficiency. “This is a really good start for the Company to market its products to the fruit industry throughout the China and gain customer’s confidence to purchase our products” stated Mr. Song.