CLAREMONT, CA--(Marketwired - Mar 14, 2017) - Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) ("Kiwa" or the "Company"), a manufacturer focused on eco-friendly bio-based fertilizers promoting soil health, announced today that the Company has signed a strategic cooperation agreement with the Beijing Zhongpin Agricultural Science and Technology Development Center ("Zhongpin Center").
Zhongpin Center is the Chinese Agricultural Science and Technology Innovation and Development Committee's executive implementation agency (referred to as the Agricultural Science and Technology Commission). The Agricultural Science and Technology Commission is set up by the Chinese Central Government for the construction of the National Ecological Security Agriculture Industrial Chain standardization system. This includes the establishment of National Ecology Safe Agricultural Industrial Parks to build China's Ecological Security and Agricultural Industrial in an orderly business environment, including completion of the National Soil Remediation Program and governance of the various government functions of the institutions.
Through the guidance and support by the Zhongpin Center, Kiwa will participate and be involved in China's National Soil Remediation Program and construction of the National Ecological Security Agriculture Industrial Chain Standardization System's operation and process.
"Upon signing the agreement, the Zhongpin Center has asked Kiwa to provide technical and product support to the program. Kiwa's technical program and products will be classified as the preferred fertilizer product to the Chinese Ministry of Agriculture for the fruit, vegetables and tea planting process, using organic fertilizer instead of chemical fertilizer. This project will begin in China's main planting season in several major provinces. At the same time, Kiwa will also provide the Zhongpin Center with a range of technical and product solutions for the safe planting of fruits and vegetables," stated Kiwa's CEO, Yvonne Wang.
The cooperation between the Zhongpin Center and Kiwa and ETS Technology, Kiwa's cooperation and products will elevate and improve China's National Soil Remediation Program, creating a national substitute for chemical fertilizer products.
About Kiwa Bio-Tech Products Group Corporation
Kiwa Bio-Tech Products Group Corporation develops, manufactures, distributes, and markets innovative, cost-effective and environmentally safe bio-technological products for agricultural and environmental conservation. The Company's 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.
Kiwa is dedicated to eco-agricultural development and environmental control by developing, producing, and selling bio-technological products with high technology, low-cost, and high productivity to satisfy the growing market demand. Kiwa's development is creating a standardized and ecologically safe agricultural industry chain platform. The Company's development effort is based in China, and has gradually expanded to the international market.
Kiwa uses new bio-technological skills at its core, with organic, ecologically sound, and "green" practices as its theme. The Company strives for customer satisfaction and continued development. Kiwa is dedicated to making safe food, further developing eco-agriculture and upholding a responsibility of contributing to China's agricultural safety, food safety, and a healthy lifestyle.
For more information on Kiwa and its products, please refer to the Company's website at www.kiwabiotech.com or the Company filings with the United States Securities and Exchange Commission, available for free at www.sec.gov
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.