China Green Agriculture, Inc. Retains HC International, Inc. for Investor Relations
Agriculture, Inc. (NYSE Amex: CGA; “China Green Agriculture” or “the Company”),
a leading producer and distributor of humic acid (“HA”) based liquid compound
fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic
Acid Product Co., Ltd., today announced it has retained HC International
(“HCI”) to manage and execute its investor relations program.
and the HCI team, will be advising the Company on all facets of public
financial communications.
“The team at HC International is well-respected and has a track record of
representing successful
Li, CEO of China Green Agriculture (CGA). “After careful review, we selected
HC International to ensure that our shareholders and the investment community
fully understand our current business model, competitive advantages, market
opportunity and growth strategy; especially as we further expand our
fertilizer product portfolio and increase our distribution channels, while
bringing our new 40,000 ton production facility on-line this August,” Mr. Li
continued, “Supported by specific sector knowledge, we are confident HCI will
help us to improve our overall communication capabilities, which includes
delivering our story and subsequent milestones to a larger, targeted base of
investors.”
“China Green Agriculture is well positioned to capitalize on the market
opportunities within
national distribution network, state-of-the-art research and development,
automated production, and superior after-sales support, the Company has become
a premier fertilizer producer in
President of HC International. “CGA’s revenue and earnings grew respectively
at an approximate 70% CAGR during the past three fiscal years while announcing
an 86% growth in revenues for the second quarter ending
compared to the year ago period.
and consumer of fertilizer products and despite the global economic downturn
and severe drought in northern
series of recently announced initiatives by the PRC government, which includes
a rural reform plan, deregulation on fertilizer prices, and an increase in the
minimum purchase price for major grain crops. Moreover, high yielding and
environmentally sustainable fertilizers will be crucial to
agricultural production due to shrinking arable land, ongoing consumer food
safety concerns and growing population.” Mr. Hayden continued, “CGA’s
automated production line not only ensures optimal quality standards, but also
reduces associated production costs, thereby expanding margins and
profitability. The Company utilizes its proprietary R&D facilities to
internally develop all fertilizers, which are customized for specific climate
and soil specifications, dramatically reducing the time to market to three
months compared to an industry average of nine months. Supported by a
vertically integrated platform that utilizes 500 distributors to sell its
branded products to 27 provinces throughout
advantages which create a business with superior operating metrics, as
evidenced by gross and operating profit margins of 59% and 45%, respectively,
for the second quarter ending
facility which will significantly expand its production capacity, CGA is well
positioned to gain further market share in
Hayden concluded.
HCI is a premier
hedge funds, independent portfolio managers, buy and sell-side analysts, small
to large retail brokerage firms, accredited individual investors, and various
financial publications. HC will help China Green Agriculture extend and expand
its investor awareness and shareholder communications program, which includes
introductions to key industry participants in the US,
About China Green Agriculture, Inc.
China Green Agriculture, Inc. produces and distributes humic acid (“HA”)
based liquid compound fertilizer through its wholly owned subsidiary, Shaanxi
TechTeam Jinong Humic Acid Product Co., Ltd., (“TechTeam”). TechTeam produces
and sells approximately 15,000 metric tons of over 100 different kinds of
fertilizer products per year. All of TechTeam’s fertilizer products are
certified by the PRC government as green products and suitable for growing
Grade AA “green” foods, also known as green products that contain little or no
chemical materials, as stated by the China Green Food Research Center.
TechTeam’s fertilizers are highly concentrated liquids which require an
application of approximately 120 ml per mu per application. Its average end
user has approximately four mu of land (one mu = .165 acres).
China Green Agriculture currently markets its fertilizer products to
private wholesalers and retailers of agricultural farm products in 27
provinces in the PRC. The leading five provinces by revenue for the three
months ended
(5.0%),
http://www.cgagri.com .
About HC International, Inc.
HC International is a focused and dedicated organization that acts as a
premier information resource for institutional investors, hedge funds, buy and
sell-side analysts, small to large brokerage firms and accredited investors.
HC International helps their clients companies package their corporate
information in a clear, concise and consistent manner while facilitating
introductions to the right investor at the most opportune time. HC
International maintains offices in the U.S. and
please contact HC International directly, or visit the Company’s Web site at
http://www.hcinternational.net .
Safe Harbor Statement
This press release contains forward-looking statements concerning the
Company’s business, products and financial results. The Company’s actual
results may differ materially from those anticipated in the forward-looking
statements depending on a number of risk factors including, but not limited to,
the following: general economic and business conditions, development, shipment,
market acceptance, additional competition from existing and new competitors,
changes in technology, and various other factors beyond the Company’s control.
All forward-looking statements are expressly qualified in their entirety by
this Cautionary Statement and the risk factors detailed in the Company’s
reports filed with the Securities and Exchange Commission. China Green
Agriculture undertakes no duty to revise or update any forward-looking
statements to reflect events or circumstances after the date of this release.
For more information, please contact:
China Green Agriculture, Inc.
Ms. Ying Yang, Chief Financial Officer
Tel: +1-626-623-2575
Email: yangying@techteam.com.cn
OR
HC International, Inc.
Ted Haberfield, Executive VP
Tel: +1-760-755-2716
Email: thaberfield@hcinternational.net
Web: http://www.hcinternational.net
SOURCE China Green Agriculture, Inc.