Kiwa Bio-Tech, Living Green, Hainan CCOOP Holdings Co., Ltd. and Beijing Community Service Association Sign a Strategic Partnership Agreement
(firmenpresse) - CLAREMONT, CA -- (Marketwired) -- 04/15/16 -- Kiwa Bio-Tech Products Group Corporation (OTC PINK: KWBT) reported that on April 12, 2016 Kiwa signed a strategic partnership agreement with Living Green Agricultural Technology Co., Ltd. (Living Green), Hainan CCOOP Holdings Co., Ltd. (CCOOP) and Beijing Community Service Association, an agency of the Beijing Municipal Government (the "Association") to jointly create a development company to open nearly 1,000 community service chain stores in Beijing for safe farm products. For this project, CCOOP will provide cash investment, Beijing Community Service Co., Ltd. will provide governmental resources and Living Green and Kiwa will provide supply channels for safe agricultural products and management.
Kiwa believes that this strategic partnership will provide enhanced marketing channels for the agricultural products utilizing Kiwa''s environmentally-friendly fertilizer products, and increase Kiwa''s brand loyalty among Kiwa''s fertilizer customers and support the implementation of Kiwa''s ecological and safe agriculture business plan. It is expected that the Beijing Government will recommend that senior citizens who receiving governmental allowances buy agricultural products from the chain stores. This would represent approximately 3 million potential consumers for the chain stores.
Jimmy Ji Zhong, Kiwa''s CEO, said, "The partnership of Kiwa, Living Green, CCOOP and Beijing Community Service Association will open new markets for sales of Kiwa''s fertilizer products. We believe that by promoting safe planting in rural areas of China with Kiwa biological fertilizers and bringing safe agricultural products to the urban population, Kiwa''s sales will be increased, and, more importantly, reliable food security will be provided for consumers in China."
We develop, manufacture, distribute and market innovative, cost-effective and eco-friendly bio-technological products for agriculture. Our main product groups are bio-fertilizer, biologically enhanced livestock feed. Our products are designed to enhance the quality of human life by increasing the value, quality and productivity of crops and decreasing the negative environmental impact of chemicals and other wastes. Our businesses include bio-fertilizer and bio-enhanced feed.
Kiwa''s strategy is to implement increased visibility for marketing Kiwa''s current bio-fertilizer products, together with the development of a "green agriculture" safe food platform in China. Our goal is to build market penetration for our Kiwa brand in China''s trillion dollar "green" agricultural produce market.
For more information on Kiwa and its products, please refer to the Company''s website at or the Company filings with the United States Securities and Exchange Commission, available for free at .
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company''s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company''s estimates as of the date of the press release, and subsequent events and developments may cause the Company''s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company''s estimates of its future financial performance as of any date subsequent to the date of this press release.
Kiwa Bio-Tech Products Group Corporation
Yvonne Wang
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Datum: 15.04.2016 - 09:30 Uhr
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News-ID 1428418
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