Kiwa Bio-Tech Products Group Corp (fka KWBT)

[umiak]

"Kiwa's expanded sales team has started to discuss a cooperative venture with 21 dealers across the four provinces."

To meet the needs of marketing, Kiwa recently established a sales center for the South China region, including Guangdong, Guangxi, Yunnan and Fujian provinces. The four provinces are the major economic crop producing areas in China and represent a significant demand for biological fertilizer products. In Fujian province, the three principal cash crops are tea, tobacco and oranges. The tea-planting region covers an area of approximately 3,320,000 mu (221,333 hectares) and the tobacco and orange planting areas have cover approximately 770,000 mu (51,333 hectares) and 2,557,498 mu (170,500 hectares) respectively. In Guangxi province, Kiwa's bio-fertilizer products can be applied on cash crops such as dimocarpus longan (which is from the same family as lychee). In addition, the rubber planting area in Yunnan province exceeds 6,900,000 mu (460,000 hectares). Kiwa's expanded sales team has started to discuss a cooperative venture with 21 dealers across the four provinces.

"The biological organic fertilizer market continues to grow in China, resulting in a supportive market environment for the Company. We expect greater consumption trends in key markets to support bio-fertilizer demand, which we expect will support our operating results through the remainder of 2017," said Kiwa CEO Yvonne Wang.