XI'AN, China, Sept. 15, 2015 /PRNewswire/ -- China Green
Agriculture, Inc. (NYSE: CGA) ("China Green Agriculture", "we" or the
"Company"), a company that mainly produces and distributes humic
acid-based compound fertilizers, other varieties of compound
fertilizers and agricultural products through its subsidiaries
in China, today announced that the Company's wholly-owned
subsidiary, Beijing Gufeng Chemical Products Co., Ltd. ("Gufeng"),
had attended the 14th Changchun International
Agricultural Expo ( the "Changchun Expo"). The Changchun Expo was
held from August 14, 2015 to
August 23, 2015 at Changchun Modern
Agricultural Demonstration Centre.
Changchun Expo was founded in 2000. It advocates that modernization is the
key to speed up agricultural
development. It has
become the largest international agricultural expo in
China, more than 1.7 million
participants attended the Expo this year.
During the event, Gufeng showcased our advanced agricultural
material and products as well as the Company's online sales
platform for basic agricultural materials -- 900nong.com. The
online sales platform had attracted interest from the Expo attendees and visitors. It
showcased the most recent development direction for traditional
agricultural business model.
Mr. Tao Li, chairman and CEO of the Company, stated, "We are
excited to have participated in Changchun Expo, and we appreciate the
increasing recognition of our business. I firmly believe this is
just the beginning, and we look forward to more opportunities as we
continue expanding our business operation in the agricultural
industry."
About China Green Agriculture, Inc.
The Company produces and distributes humic acid-based compound
fertilizers, other varieties of compound fertilizers and
agricultural products through its wholly-owned subsidiaries, i.e.:
Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong"),
Beijing Gufeng Chemical Products Co., Ltd ("Gufeng") and a variable
interest entity, Xi'an Hu County Yuxing Agriculture Technology
Development Co., Ltd. ("Yuxing"). Jinong produced and sold 127
different kinds of fertilizer products as of June 30, 2015,
all of which are certified by the government of the People's Republic of China (the "PRC") as
Green Food Production Materials, as stated by the China Green Food
Development Center. Jinong currently markets its fertilizer
products to private wholesalers and retailers of agricultural farm
products in 27 provinces, four autonomous regions, and three
central-government-controlled municipalities in the PRC. Jinong had
1,010 distributors in the PRC as of June 30, 2015.
Gufeng, and its wholly-owned subsidiary, Beijing Tianjuyuan
Fertilizer Co., Ltd., are Beijing-based producers of compound
fertilizers, blended fertilizers, organic compound fertilizers, and
mixed organic-inorganic compound fertilizers. As of June 30,
2015, Gufeng produced and sold 332 different kinds of fertilizer
products, and had 282 distributors in the PRC. For more
information, visit http://www.cgagri.com. The Company
routinely posts important information on its website.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
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, 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
announcement by the PRC government in August
2015 sending the yuan to a 3% devaluation and various other
factors beyond the Company's control. All forward-looking
statements are expressly qualified in their entirety by this Safe
Harbor Statement and the risk factors detailed in the Company's
reports filed with the SEC. 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, except as
required by applicable law or regulations.
For more information, please contact:
China Green Agriculture, Inc.
Mr. Fang Wang (English and Chinese)
Tel: +86-29-88266383
Email: wangfang@cgagri.com
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SOURCE China Green Agriculture, Inc.