China Green Agriculture, Inc. Launches Six New Fertilizer Products
April 22 2009 - 7:00AM
PR Newswire (US)
Strengthens Distribution Network by Adding 17 New Distributors
XI'AN, China, April 22 /PRNewswire-Asia-FirstCall/ -- China Green
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 March 31, 2008. 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, Hong Jia, and Stabilized Growth
Control for 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 China and are certified by the Chinese government as 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 Guang Jia --
promotes growth in crops by enhancing the absorption of nitrogen,
phosphorus, and other nutrients. It reduces potassium deficiency
and extends the shelf life of plants. Hong Jia -- reduces harmful
effects caused by cold and/or frigid 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
March 31, 2009. The 17 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, Anhui, Guangxi, Yunnan, Fujian,
Guangdong, Xinjiang, Hunan, Hubei, and Shaanxi. With the
cooperation 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 December 31,
2008 are Shaanxi (21.6%), Shandong (7.1%), Xinjiang (5.0%), Fujian
(5.0%) and Guangdong (4.7%). For more information, visit
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 China. For further information, 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: OR HC
International, Inc. Ted Haberfield, Executive VP Tel:
+1-760-755-2716 Email: Web: http://www.hcinternational.net/
DATASOURCE: China Green Agriculture, Inc. CONTACT: Ying Yang, Chief
Financial Officer, China Green Agriculture, Inc. at +1-626-623-2575
or ; Or Ted Haberfield, Executive VP, HC International, Inc. at
+1-760-755-2716 or
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