XI'AN, China, July 16, 2013 /PRNewswire-FirstCall/ -- China Green Agriculture, Inc. (NYSE: CGA; "China Green Agriculture" or the "Company"), a company that mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries in China, today announced that, one of the Company's wholly-owned subsidiaries organized under the laws of the PRC, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong"), was invited to present its flagship products during a two-day roadshow of branded fertilizers in Luochuan, Shaanxi Province, China.
Farmer Daily, the newspaper believed to have the largest subscription in the agriculture industry in China, hosted the roadshow in Luochuan from June 22 to June 23. Besides Farmer Daily, the local municipal government and provincial regulation office jointly oversaw the roadshow event. The roadshow has a mission to provide a new venue for farmers to interact with fertilizer producers for the better use of fertilizer products. Approximately over 50 vendors were able to present their fertilizer and pesticide products to the public, including 1,500 farmers and over 200 representatives from farmers' cooperation units and farm owners during the two-day roadshow period.
Farmer Daily invited Jinong to present its advanced liquid products for the roadshow. During the event, Jinong showcased its classic products as well as a number of new products including "red potassium", "Jinong classic", and "eighty percent organic fertilizer" to the audience.
"We are thankful to the Daily for their excellent organizing work of the roadshow," stated Mr. Tao Li, Chairman, President and Chief Executive Officer of China Green Agriculture. "We are glad to see that people at the roadshow like our products, and we hope our products can help them improve the yield of their farms."
About China Green Agriculture, Inc.
The Company mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries, i.e.: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong"), Beijing Gufeng Chemical Products Co., Ltd. ("Gufeng") and Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. ("Yuxing"). Jinong produced and sold 132 different kinds of fertilizer products as of March 31, 2013, all of which are certified by the PRC government as Green Food Production Materials, as stated by the China Green Food Development Center. Jinong currently markets its fertilizer products to private wholesalers and retailers of agricultural farm products in 27 provinces, four autonomous regions, and three central-government-controlled municipalities in the PRC. Jinong had 797 distributors in China as of March 31, 2013. Gufeng, and its wholly-owned subsidiary, Beijing Tianjuyuan Fertilizer Co., Ltd., are Beijing-based producers of compound fertilizer, blended fertilizer, organic compound fertilizer, and mixed organic-inorganic compound fertilizer. As of March 31, 2013, Gufeng produced and sold 317 different kinds of fertilizer products, and had 198 distributors in China. For more information, visit http://www.cgagri.com. The Company routinely posts important information on its website.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 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, business and environment conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology, the execution of its ten-year growth plan, a satisfactory conclusion of the pending securities class action litigation and various other factors beyond the Company's control. All forward-looking statements are expressly qualified in their entirety by this Safe Harbor Statement and the risk factors detailed in the Company's reports filed with the SEC. 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, except as required by applicable law or regulations.
For more information, please contact:
China Green Agriculture, Inc.
Mr. Wang Fang (English and Chinese)
Tel: +86-18392115515
Email: wangfang@cgagri.com
