XI'AN, China, Aug. 8, 2016 /PRNewswire/ -- SkyPeople Fruit
Juice, Inc. (NASDAQ: SPU)
("SkyPeople" or "the Company"), a producer of fruit juice
concentrates, fruit juice beverages and other fruit-related
products, today announced the official launch of Hedetang (Mei
County) Kiwi Orchard on August
3rd, 2016 by Shaanxi Guoweimei Kiwi Deep
Processing Company ("SGKD"), an indirectly wholly-owned subsidiary
of SkyPeople, which signed a lease agreement of 20 thousand mu
(approximately 3,300 square acres) of farmland with the Di'erpo
Committe of Jinqu Village, Mei County, Shaanxi for 30 years, from August 5, 2016 to August
4, 2046.
"We are pleased to announce this lease agreement for
agricultural land in Mei County, a region known worldwide for its
production of organic kiwi
products," said Mr. Yongke Xue,
Chief Executive Officer of SkyPeople. "The Hedetang Kiwi Orchard
employs the use of intelligence
agricultural technology tools to optimize harvest yields,
day-to-day management and product marketing. This new modern
approach is part of our strategic plan to create a high tech
agricultural value chain by coordinating distribution through
high-tech means such as the utilization of e-commerce
platforms."
The Hedetang (Mei County) Kiwi Orchard is located in Mei County,
the "Home of Kiwi", and produces only organic kiwi. The orchard
will utilize intelligence agriculture technologies to grow kiwi
saplings. For commercial kiwi production, the Company will realize
their online and offline distribution kiwis through Hedetang Farm
Products Trading Market Company ("HDTM"). For non-commercial kiwi
production (i.e. further processed from raw material kiwi
products), the Company will facilitate their further processing
through SGKD, in order to reduce the purchase cost of raw materials
and ensure the quality of kiwis. The orchard is expected to benefit
the Company significantly.
The transition from traditional agriculture to modern
intelligence agriculture is becoming a growing trend. Intelligence
agriculture utilizes modern technology including cloud computing
and sensor networks across all
stages of the agricultural production, management and marketing
processes. The resulting agriculture system is planned to be highly
advanced as it will also leverage state-of-the-art decision making
programs, social service systems,
precision planting, visualized management and internet
marketing.
The launch of Hedetang (Mei County) Kiwi Orchard will promote
the transition of kiwi plantations from a traditional approach to
an intelligence approach, and fully utilize the benefits of
agriculture mechanization, UAV (unmanned aerial vehicle)
monitoring, automatic identification and other intelligence tools.
Hedetang (Mei County) Kiwi Orchard is also expected to realize a
seamless collaboration with HDTM, which will contribute even more
intelligence agriculture to the business.
About SkyPeople Fruit Juice, Inc.
SkyPeople Fruit Juice, Inc., a Florida company, through its wholly-owned
subsidiary Pacific Industry Holding Group Co., Ltd. ("Pacific"), a
Vanuatu company, and SkyPeople
Juice International Holding (HK) Ltd., a company organized under
the laws of Hong Kong Special Administrative Region of the People's Republic of China and a wholly
owned subsidiary of Pacific, holds 73.42% ownership interest in
SkyPeople Juice Group Co., Ltd. ("SkyPeople (China)") and 100% ownership interest in
SkyPeople Foods (China) Co., Ltd.
("SkyPeople Foods China"). SkyPeople (China) and ("SkyPeople Foods China"), together
with their operating subsidiaries in China, are engaged in the production and sales
of fruit juice concentrates, fruit beverages, and other fruit
related products in the PRC and overseas markets. The Company's
fruit juice concentrates are sold to domestic customers and
exported directly or via distributors. Fruit juice concentrates are
used as a basic ingredient component in the food industry. Its
brands, "Hedetang" and "SkyPeople," which are registered trademarks
in the PRC, are positioned as high quality, healthy and nutritious
end-use juice beverages. For more information, please visit
http://www.skypeoplefruitjuice.com.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended, or the
Exchange Act. Forward-looking statements include statements with
respect to our beliefs, plans, objectives, goals, expectations,
anticipations, assumptions, estimates, intentions, and future
performance, and involve known and unknown risks, uncertainties and
other factors, which may be beyond our control, and which may cause
the actual results, performance, capital, ownership or achievements
of the Company to be materially different from future results,
performance or achievements expressed or implied by such
forward-looking statements. All statements other than statements of
historical fact are statements that could be forward-looking
statements. You can identify these forward-looking statements
through our use of words such as "may," "will," "anticipate,"
"assume," "should," "indicate," "would," "believe," "contemplate,"
"expect," "estimate," "continue," "plan," "point to," "project,"
"could," "intend," "target" and other similar words and expressions
of the future.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 10-K for the
year ended December 31, 2014 and
otherwise in our SEC reports and filings, including the final
prospectus for our offering. Such reports are available upon
request from the Company, or from the Securities and Exchange
Commission, including through the SEC's Internet website at
http://www.sec.gov. We have no obligation and do not undertake to
update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
For more information, please contact:
COMPANY
Cindy Liu, Investor Relations
Manager
SkyPeople Fruit Juice, Inc.
Tel: China + 86 -
29-8837-7161
Email: skypeople_annie@163.com
Web: http://www.skypeoplefruitjuice.com
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SOURCE SkyPeople Fruit Juice, Inc.