Yangling, Shaanxi— (January 27, 2019)––Kiwa Bio-Tech Products Group Corp. (OTCQB: KWBT) (“Kiwa Bio-Tech” or “the Company”), an emerging agricultural company that develops, manufactures and sells bio-fertilizers is pleased to announce that the Company, Bank of China and Living Green are working together to lift farmers out of poverty by utilizing Kiwa’s Eco-friendly Agricultural Planting Program.
On January 19th, Kiwa’s Eco-friendly Agricultural Planting Program Helps Farmers Out Of Poverty Conference (the Conference), co-organized by Bank of China (BC), Kiwa Bio-Tech and Kiwa Bio-Tech’s strategic partner——Yangling Living Green Agricultural Development Co., Ltd. (Living Green), was held in Yangjiashan Village, Yangyu Town, Qian County, Shaanxi Province.
Mr. Jihong Zhang, Director of Technology Promotion Department, Mr. Guobin Shan and Mr. Baowen Chen, Manager of Purchasing Department of Living Green, led the 14 representatives of fruit farmers in Dahuaishu Village, Chunhua County, the Key Poverty Reduction Village of BC and Kiwa Bio-Tech, into Kiwa’s Eco-friendly Agricultural Demonstration Park——Qianfeng Grape Professional Cooperative (the Cooperative) in Qian County, to learn about vineyard management techniques.
Under the leadership of Mr. Zengrong Liao (front row, third left), the Director of the Village Committee of Dahuaishu Village, the representatives of fruit farmers had an in-depth exchange with Mr. Xiaodong Shi (front row, first right), the Board Chairman of Qianfeng Grape Professional Cooperative and the Director of Kiwa’s Eco-friendly Agricultural Demonstration Park.
Under the leadership of Mr. Zengrong Liao, the Director of the Village Committee of Dahuaishu Village, the representatives of fruit farmers had an in-depth exchange with Mr. Xiaodong Shi, the Board Chairman of Qianfeng Grape Professional Cooperative and the Director of Kiwa’s Eco-friendly Agricultural Demonstration Park, on the problems of pest control, pruning, irrigation, bagging and the improvement of fruit commodity rate in the process of vineyard management.
Mr. Xiaodong Shi, the Board Chairman of Qianfeng Grape Professional Cooperative and the Director of Kiwa’s Eco-friendly Agricultural Demonstration Park, stated, “The Cooperative was established in July, 2009 and has encountered many difficulties in the past ten years of grape planting. In February, 2018, the Cooperative learned about the concept of Eco-friendly Agriculture from Kiwa Bio-Tech and cooperated with it to establish a Eco-friendly Agricultural Demonstration Park. Kiwa’s technical team provided technical support throughout the entire process, and Kiwa’s Eco-friendly Agricultural Planting Program was fully implemented in the Demonstration Park and achieved remarkable results. Up to now, the Cooperative grape planting area has reached 270 mu (approximately 18 hectare).”
“I hope that the fruit farmers of Dahuaishu Village can learn from the Cooperative’s advanced grape planting experience through the Conference. Under the guidance of Kiwa’s technical team, we will learn about the concept of Eco-friendly Agriculture, fertilization and pesticide standards, and adjust the structure of existing varieties in a market-oriented manner. Finally, through the scientific and standardized management of vineyards, we will build our own grape brands and increase the income of fruit farmers.” Mr. Zengrong Liao, the Director of the Village Committee of Dahuaishu Village, stated.
The Poverty Alleviation Project promoted by Bank of China and Kiwa Bio-Tech is mainly focus on the four counties of Chunhua, Yongshou, Changwu and Xunyi in the north of Xianyang City, Shaanxi Province. With the implementation of the Project, Kiwa Bio-Tech will provide a variety of services such as Eco-friendly Agricultural Planting Program, technical support, high-quality agricultural resources supply according to local conditions. It will help the Poverty Alleviation Project to be carried out effectively, ensuring that farmers in the region can steadily increase income through the development of agricultural industry.
About Kiwa Bio-Tech Products Group Corp.
Leader in Eco-friendly Agricultural Industry Chain
Kiwa Bio-Tech Products Group Corp. (KWBT) is a publicly traded company with corporate headquarters in the Yangling, Shaanxi, China. The company develops, manufacture, markets and distributes innovative and environmentally safe bio-technological products for agriculture. Kiwa’s focus is to positively impact the environment by reducing the amount of chemical fertilizers that are being used by agricultural growers in China.
Kiwa Bio-Tech Products Group Corp. products are covered by patent protection and are designed to enhance the quality of human life by increasing the value and productivity of agricultural crops.
For more information on Kiwa Bio-Tech Products Group Corp. or its bio-fertilizer products and smart soil remediation technology, please refer to the Company’s website at www.kiwabiotech.com or the Company filings with the United States Securities and Exchange Commission 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’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, the foreign exchange risk amid the unexpected announcements by the PRC government and various other factors beyond the Company’s control. Kiwa Bio-Tech Products Group Corp. 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.