XI'AN, China, Sept. 16 /PRNewswire-Asia-FirstCall/ -- China Green Agriculture, Inc. (NYSE: CGA) ("China Green Agriculture", "the Company" or "we"), a leading producer and distributor of humic acid ("HA") based compound fertilizer, blended fertilizer, organic compound fertilizer and mixed organic- inorganic compound fertilizer through its wholly owned subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong") and Beijing Gufeng Chemical Products Co., Ltd., today announced that it has retained Christensen to design, facilitate and execute its investor and media relations programs.
"We are fully aware and understand the challenges that we are currently facing and we are determined to address them. We take our obligations as a publicly listed company very seriously and we are committed to best practices in financial reporting and information disclosure. We are taking a number of steps in this regard and will be happy to report on our progress as soon as practicable. Some of these, however, require time to ensure that our actions are appropriate for the long term," commented Mr. Tao Li, Chairman and Chief Executive Officer of China Green Agriculture, "Christensen is well-respected and has successfully assisted many China-based, U.S.-listed companies in strengthening credibility and brand recognition in the global capital markets and financial media. We are confident that Christensen, with its extensive global investor relations expertise, will help properly position the Company and improve our overall communication capabilities."
About China Green Agriculture, Inc.
China Green Agriculture, Inc. mainly produces and distributes humic acid (HA)-based compound fertilizers and other varieties of compound fertilizers through its wholly-owned subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong") and Beijing Gufeng Chemical Products Co., Ltd. ("Gufeng"). Jinong produces and sells 157 different kinds of fertilizer products, all of which are certified by the PRC government as Green Food Production Materials, as stated by the China Green Food Research Center. Jinong currently markets its fertilizer products to private wholesalers and retailers of agricultural farm products in 21 provinces, four autonomous regions and three central-government-controlled municipalities in the PRC. The five provinces in which Jinong had the largest amount of sales, which collectively accounted for approximately 38.3% of the Company's fertilizer revenue for the fiscal year ended June 30, 2010,were Shandong (10.3%), Shaanxi (10.0%), Anhui (6.2%), Heilongjiang (6.0%) and Henan (5.8%). The recently acquired company, 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. Gufeng produces and sells over 300 different kinds of fertilizer products, and has over 150 distributors nationwide. For more information, visit http://www.cgagri.com .
About Christensen
Christensen is a capital markets advisory firm that assists companies in achieving fair valuation for their stock by creating high recognition, understanding, and interest within the global investment community.
Christensen, in business for more than 28 years, provides its clients with custom investor relations and media relations strategies, programs, and solutions designed to fit each client's individual needs according to their industry, the maturity of their investor relations and media relations activities, and their capital market aspirations. Christensen serves clients that range from pre-IPO businesses to well-establish publicly listed companies across many business sectors and market capitalization sizes.
Christensen has offices in New York, Beijing, Hong Kong, Shanghai, Scottsdale, and Mumbai.
For investor and media inquiries, please contact:
China Green Agriculture, Inc.
Mr. Ken Ren, Chief Financial Officer
Tel: +1-530-220-3026
Email: kenren@cgagri.com
Christensen
Rene Vanguestaine
Tel: +852-6686-1376
Email: rvanguestaine@christensenir.com