China Green Agriculture, Inc. Receives Green Food Production Material Trademark for Humic Acid Based Fertilizer Products
Agriculture, Inc. (NYSE Amex Equities: 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., announced that it has received
the Green Food Production Material trademark for its humic acid based liquid
compound fertilizer products. The trademark has a three-year term and was
issued by the China Green Food Development Center (CGFDC), an agency of the
Ministry of Agriculture (MOA) of
The “Green Food Production Material trademark” is granted to qualifying
products from producers of pesticides, fertilizers, food and feed additives,
veterinary drugs, and packaging materials that meet a high quality standard
for efficacy and safety in the green food market serving
1992 and headquartered in
merged with the Green Food Management Office of the MOA. Through its 42
provincial and municipal branches, 38 quality inspection stations, and 71
environmental monitoring branches, the CGFDC is commissioned to provide
quality control and regulate food policy to address the rising environmental
and food safety concerns in
Currently, CGFDC provides two different trademarks within the Green Food
industry: One is called the “Green Food trademark” which is granted to edible
foods and the other is called the “Green Food Production Material trademark”
which is granted to production materials that meet its strict criteria. These
criteria include standards that increase human safety and ecological
protection of the environmental, in addition to promoting non-polluting
product growth and the use of non-genetically modified raw materials. Previous
to
trademark, the “Green Food trademark.” In an effort to improve social
sustainable development and optimize the regulation of policy for the green
food industry, CGFDC separated the trademark into two independently granted
trademarks.
“We are pleased to have reached the highest industry standard for each of
our 131 branded products which utilize our proprietary humic acid solution.
This designation is a clear differentiator and provides confidence from our
customers,” stated Mr. Tao Li, Chairman and CEO of China Green Agriculture.
“According to the Ecology Institute of Chinese Research Academy of
Environmental Sciences, Chinese farmers use approximately 41 million tons of
chemical fertilizers every year, for an average of more than 400kg per hectare
of farmland; far above the safe limit of 225 kg per hectare in developed
countries. As a result, chemical residue buildup has rapidly decreased soil
quality on Chinese farms, adversely affecting agricultural output and
increasing environmental concerns.” Mr. Li concluded, “To address this issue,
China Green Agriculture’s fertilizer products contain humic acid that
substantially increases the fertility of soil and promotes overall plant
development, while meeting the highest government standards for safety and
quality control.”
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
trademarked by the PRC government as Green Production Material and suitable
for growing “green” foods, as stated by the China Green Food Development
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
(6.2%), Xinjiang (6.0%) and
of our total fertilizer sales from the sale of our fertilizer products. For
more information, visit http://www.cgagri.com .
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
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.