The event was held at the Company's headquarters in
The Annual Distributor Meeting has become a platform for China Green
Agriculture's distributors to set tentative goals and share their ideas or
concerns regarding the Company's products or the fertilizer industry in
general. Among the most discussed topics were the Company's pipeline products
and the 40,000 metric ton production facility which is scheduled to start
operation in
"The meeting was well planned and organized, creating an atmosphere where we were able to communicate with our distributors and understand the current issues, opportunities and strategic direction from each distributor's point of view," said Mr. Li.
"We are very pleased with our distributors' active participation in the annual event. We believe that close relationships and cooperation with our fellow distributors is crucial to our success as we increase our fertilizer production capacity in 2009," concluded Mr. Li.
About China Green Agriculture, Inc.
China Green Agriculture, Inc. produces and distributes humic acid ("HA") based liquid compound fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd., ("TechTeam"). TechTeam produces and sells approximately 10,000 metric tons of over 100 different kinds of fertilizer products per year. All of TechTeam's fertilizer products are certified by the PRC government as green products and suitable for growing Grade AA "green" foods, also known as green products that contain little or no chemical materials, as stated by the China Green Food Research Center. TechTeam's fertilizers are highly concentrated liquids which require an application of approximately 120 ml per mu per application. Its average end user has approximately four mu of land (one mu = .165 acres).
China Green Agriculture currently markets its fertilizer products to
private wholesalers and retailers of agricultural farm products in 27
provinces in the PRC. The leading five provinces by revenue for the fiscal
year ended
Cautionary Statement
This press release contains forward-looking statements 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 and business conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology, and various other factors beyond the Company's control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risk factors detailed in the Company's reports filed with the Securities and Exchange Commission. 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.
For more information, please contact:
Company Contact:
Ms. Ying Yang
Chief Financial Officer
China Green Agriculture, Inc.
Tel: +1-626-623-2575
Email: yingyang@techteam.com.cn
Investor Relations Contact:
Mr. Crocker Coulson, President
CCG Investor Relations
Tel: +1-646-213-1915 (NY Office)
Email: crocker.coulson@ccgir.com
Graham Reed, Financial Writer
Email: graham.reed@ccgir.com
Web: http://www.ccgirasia.com
SOURCE China Green Agriculture, Inc.