eXTReMe Tracker

 

Kiwa begins to explore its potential market in Shouguang and Inner Mongolia

Kiwa Bio-Tech Products Group Corporation announced that it has started to develop its potential markets in Shouguang in Shandong Province and Inner Mongolia.

On December, 2006, Mr. Wei Li, CEO of Kiwa, had a formal meeting with Mr. Leyi Wang, who is Board Chairman of Shouguang Century Sanyuan Modern Agriculture Co., Ltd. in Shouguang, Shandong province. With 300,000 temperature-keeping sheds for vegetables, Shouguang is one of the largest vegetable shed-planting bases in China. Mr. Wang, expert of the field of shed-planting, has decided to add three of Kiwa's relevant products into his plan of fertilizing in the year of 2007; he also discussed with Mr. Li in details on the application test plans of a number of other Kiwa's products. Up to now, testing of Kiwa's sample products has been carried out in Shouguang.

On December 5, 2006, Ms. Juhua Wang, Chief Operating Officer of Kiwa, Prof. Qi Wang, Vice Director of R&D Center and the Manager of Marketing Center visited Yakeshi, Inner Mongolia, and met with Mr. Pengju Liu, Chairman of Qiansen Agriculture Group (Qiansen). By negotiation, Qiansen agreed to promote Kiwa's fertilizer products such as CHAOFEIBAO, Organic Fertilizer and Bacillus spp. Preparation in its 10,000 mu plantation. (Note: The mu is a traditional Chinese unit of land measure equal to one-fifteenth of a hectare.)

Ms. Wang also inspected the whole Hulunbeir market. Statistics show that Hulunbeir now possesses a plantation area of over 20 million mu, which accounts for 50% of the whole Inner Mongolia plantation area. Agriculture in such place characterizes in intensification and industrialization. Kiwa is now in the early stage of exploring the market in Hulunbeir, and management expects to develop the market by engaging the direct-sales pattern.

Mr. Wei Li, Chairman and CEO of Kiwa, stated, "We are excited to see the huge potential of these two markets. Management believes that it is a golden opportunity for the Company to explore the market, promote its products and generate value for the shareholders."

For more information about the Company, please visit the Company's website at .