China Green Agriculture, Inc. Launches Six New Fertilizer Products
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 that it launched six new fertilizer
products in the quarter ended
China Green Agriculture currently offers 131 different fertilizers in
three broad product categories. The six new proprietary products include three
broad spectrum products, Miao Qing, Miao Wang, Chongshifei II, and three
functional products, Fu Guang Jia,
Cotton. In general, all Company products are classified as either broad
spectrum, which can be applied to all crop types, functional, which have
specific effects on crops, or tailored, which affect specific crops. All of
these products are distributed via the Company’s 511 individual distributors
covering 27 provinces in
suitable for growing Grade AA “green” foods.
Miao Qing — a new generation of products specifically developed to
strengthen the immune system for transplanted seedlings. It stimulates root
cell division, enhances photosynthesis and increases the immunity of new
seedlings.
Miao Wang — works as a medical treatment as well as a nutrition
supplement for crops in general. It improves the overall development of the
root system while increasing transplant survival rates and relieving the
adverse effects from herbicides, pesticides and fungicides.
Chongshifei II — improves the soil, increases soil permeability, and
inhibits bacterial growth in the soil which leads to root degradation. It
improves the survival rate of transplant and grafted seedlings and accelerates
growth.
Fu
nitrogen, phosphorus, and other nutrients. It reduces potassium deficiency and
extends the shelf life of plants.
temperatures. It reduces the falling rate of flowers and fruits, cracking and
premature aging due to potassium deficiency and naturally regulates the supply
of nutrients to strengthen plants and branch stems. It improves resistance to
plant disease, cold, drought, lodging, and over-watering.
Stabilized Growth Control for Cotton — a new generation of product
promoting healthy growth of cotton by promoting pollination and protecting the
flower and buds from falling. It also speeds up recovery after any damages to
the cotton plant due to plant disease, drought, flood and lodging.
“Our research and development team continues to introduce new products to
meet the growing demand for green foods while our rapid and efficient R&D
processes brings our products to the market quickly,” said Mr. Tao Li, the
Company’s chairman and CEO. “Our proprietary R&D platform coupled with our
strong marketing and after sales support have allowed us to promptly generate
revenue as we continue to expand our market share.”
Distribution Network Update
Additionally, the Company announced that that it has signed agreements
with 17 new distributors throughout the quarter ending
new clients have increased the Company’s regional distributor base to 511
individual distributors and have strengthened the Company’s local market
foothold in several provinces including Shangdong,
of distributors, the Company promotes and introduces its new and existing
fertilizer products through television and print advertisements, award
ceremonies, local meetings and educational workshops.
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.