Kiwa Bio-Tech Products Group Corp (fka KWBT)

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Kiwa Bio-Tech Signs Strategic Cooperation Agreement with Beijing Zhongpin Agricultural Science and Technology Development Center


CLAREMONT, CA--(Marketwired - Mar 14, 2017) - Kiwa Bio-Tech Products Group Corporation ( OTCQB : KWBT ) ("Kiwa" or the "Company"), a manufacturer focused on eco-friendly bio-based fertilizers promoting soil health, announced today that the Company has signed a strategic cooperation agreement with the Beijing Zhongpin Agricultural Science and Technology Development Center ("Zhongpin Center").

Zhongpin Center is the Chinese Agricultural Science and Technology Innovation and Development Committee's executive implementation agency (referred to as the Agricultural Science and Technology Commission). The Agricultural Science and Technology Commission is set up by the Chinese Central Government for the construction of the National Ecological Security Agriculture Industrial Chain standardization system. This includes the establishment of National Ecology Safe Agricultural Industrial Parks to build China's Ecological Security and Agricultural Industrial in an orderly business environment, including completion of the National Soil Remediation Program and governance of the various government functions of the institutions.

Through the guidance and support by the Zhongpin Center, Kiwa will participate and be involved in China's National Soil Remediation Program and construction of the National Ecological Security Agriculture Industrial Chain Standardization System's operation and process.

"Upon signing the agreement, the Zhongpin Center has asked Kiwa to provide technical and product support to the program. Kiwa's technical program and products will be classified as the preferred fertilizer product to the Chinese Ministry of Agriculture for the fruit, vegetables and tea planting process, using organic fertilizer instead of chemical fertilizer. This project will begin in China's main planting season in several major provinces. At the same time, Kiwa will also provide the Zhongpin Center with a range of technical and product solutions for the safe planting of fruits and vegetables," stated Kiwa's CEO, Yvonne Wang.

The cooperation between the Zhongpin Center and Kiwa and ETS Technology, Kiwa's cooperation and products will elevate and improve China's National Soil Remediation Program, creating a national substitute for chemical fertilizer products.

https://finance.yahoo.com/news/kiwa-bio-tech-signs-strategic-120000853.html