China Agritech Renews Sales Contract with Sinochem, China’s Largest Fertilizer Distributor

BEIJING, May 17 /PRNewswire-Asia-FirstCall/ — China Agritech, Inc.,
(Nasdaq: CAGC) (“China Agritech” or the “Company”), a leading organic compound
fertilizer manufacturer and distributor in China, announced today that it has
signed a renewal contract with Sinochem for the sale of the Company’s “Green
Vitality” organic liquid fertilizers.

Pursuant to the agreement, China Agritech will supply Green Vitality
liquid fertilizer worth an estimated value of RMB 61 million (approximately
US$9 million). This contract is in effect through April 2011. The Company will
continue to supply Sinochem with “Green Vitality” granular fertilizer under
another existing contract.

Sinochem is China’s largest integrated agricultural company and is China’s
largest fertilizer corporation with integrated manufacturing, supply and sales.
The Company’s Green Vitality fertilizer is a premium and versatile line that
can improve the yields and quality of a large variety of crops.

Mr. Yu Chang, Chief Executive Officer of China Agritech, commented, “We
are pleased to continue our long-term working relationship with Sinochem. This
new contract acknowledges the quality of our liquid fertilizers and the value
of our organic fertilizer solutions provided to farmers in China. We look
forward to leveraging Sinochem’s superior brand name and our combined
extensive distribution networks to reach new customers and expand market share
in China.”

About China Agritech, Inc.

China Agritech, Inc. is engaged in the development, manufacture and
distribution of liquid and granular organic compound fertilizers and related
products in China. The Company has developed proprietary formulas that provide
a continuous supply of high-quality agricultural products while maintaining
soil fertility. The Company sells its products to farmers located in 28
provinces of China.

Safe Harbor Statement

This press release contains certain statements that may be deemed to be
“forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. All statements, other than statements of historical
facts, that address activities, events or developments that the Company
expects, projects, believes or anticipates will or may occur in the future,
including, without limitation, statements about its business or growth
strategy, general industry conditions, future operating results of the Company,
capital expenditures, expansion and growth opportunities, financing activities
and other such matters, are forward-looking statements. Although the Company
believes that its expectations stated in this press release are based on
reasonable assumptions, actual results may differ from those projected in the
forward-looking statements.

    For more information, please contact:

    In China:
     Mr. Gareth Tang
     Chief Financial Officer
     China Agritech, Inc.
     Email: gareth@chinaagritech.com

    In the U.S.:
     Mr. Kevin Theiss
     Investor Relations
     Grayling
     Tel:   +1-646-284-9409
     Email: kevin.theiss@grayling.com

SOURCE China Agritech, Inc.