BEIJING and CLAREMONT, Calif., Dec. 5 /Xinhua-PRNewswire-FirstCall/ -- Kiwa Bio-Tech Products Group Corporation (OTC Bulletin Board: KWBT) announced that under the direction of Mr. Dianyuan Song, Marketing and Sales Director, it is developing the Kiwa Fertilizer Distribution Network (Hebei). To date over 900 fertilizer-selling terminals have been established in Hebei to sell Kiwa fertilizer products.
Hebei is a large agriculture province with high fertilizer consumption rates. The diversity of crops and range of climates in Hebei lead to the need for a wide variety of fertilizer products. This market is an important target market of Kiwa Bio-Tech Products Group Corporation. The Company in co-operation with the Soil and Fertilizer Station of Hebei Province and other authorized government agencies is growing steadily. Kiwa expects to quickly gain market share in the Hebei fertilizer market by building a large distribution network. These networks of sales terminals provide excellent direct distribution of Kiwa's Green Food Association approved products and provide administrative, marketing and advertising, farmer education and servicing functions.
Initial focus has been to develop networks in Baoding, Shijiazhuang, Hengshui, and Handan, which are the four key crops production areas in Hebei. The next focus will be to develop these distribution networks in Langfang, Tangshan, Qinhuangdao, Zhangjiakou.
Mr. Song noted, "The fertilizer market in Hebei is characterized by the large quantities and the variety of fertilizer products, and extensive competition. Once the network is all formed, there will be at least 1,500 direct distribution points selling Kiwa fertilizer products in Hebei province. In the current fertilizer market in Hebei province, this network will be the largest distribution network."
Along with developing and extending Kiwa's fertilizer distribution network in Hebei, the Company is creating advertising and marketing materials including a newspaper, "Kiwa Bio-Tech Guide", to be distributed throughout the selling area. Besides product introductions and related information, there will be many articles regarding crops protection, farm management and others topics of interest to and helpful for farmers.
Mr. Wei Li, the Board Chairman and CEO of Kiwa, stated, "Future corporate plans call for the construction of similar distribution networks in Jilin and Inner Mongolia. The Company expects this will be accomplished in the short term."
About Kiwa Bio-Tech Products Group Corporation
The Company develops, manufactures, distributes and markets innovative, cost-effective, and environmentally safe bio-technological products for agricultural and natural resources 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. For more information about the Company, please visit the Company's website at http://www.kiwabiotech.com.
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 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.
