I think the Talon rights should remain at DTC, not Equiniti, unless there is some announcement. I do not know how Wells Fargo are involved or what exactly 'in charge of TLON CVRs' means in this context.

I thought Equiniti are the transfer agent for the CVRs because they acquired corporate stock transfer and I confirmed this with them in late 2020. That means all the CVRs were brought over to the Equiniti system without changing who owns the CVRs.

I contacted my old broker who said the TLON CVRs are still held dormant there. I could not move them to my new broker since they are non-tradeable securities. According to my understanding, if there is ever a payout on the CVRs, then the milestone payment should enter a cash account held for that dormant account.

Crossing my fingers that some of those milestones are hit in the coming years...

Latest from CASI Pharmaceuticals

"The Company also has greater China rights to ZEVALIN® (Ibritumomab Tiuxetan) and MARQIBO® (vincristine sulfate LIPOSOME injection), each of which is approved in the United States by the FDA for specified indications. Due to the evolving standard of care environment, the rare and niche indication for these products, and the Company’s commitment to prioritize resources, the Company is currently evaluating its options for these products."

https://www.streetinsider.com/SEC+Filings/Form+424B5+CASI+Pharmaceuticals%2C/19130686.html

FDA’s accelerated approval program: Is change on the way?

"The FDA has also been revisiting cancer therapy approvals made through the program. In April 2021, the agency convened the Oncologic Drugs Advisory Committee (ODAC) to review six so-called dangling accelerated approvals in which the confirmatory trials had failed but the drug remained on the market. Of the six checkpoint inhibitor indications reviewed, ODAC recommended that four be maintained (RELATED: ODAC recommends pulling 2 of 6 accelerated approvals, Regulatory Focus 30 April 2021).

The committee is scheduled to meet again on 2 December to review dangling accelerated approvals for Farydak (panobinostat) for multiple myeloma and Marqibo (vincristine sulfate liposome injection) for adults with Philadelphia chromosome negative acute lymphoblastic leukemia. Novartis received accelerated approval for the multiple myeloma indication in 2014, and Talon Therapeutics’ Marquibo got its accelerated approval nod in 2012."

https://www.raps.org/news-and-articles/news-articles/2021/10/fdas-ccelerated-approval-program-is-change-on-the

64% of global agricultural land at risk of pesticide pollution

"‘Although protecting food production is essential for human development, reducing pesticide pollution is equivalently crucial to protect the biodiversity that maint soil health and functions, contributing towards food security.’"

https://environmentjournal.online/articles/64-of-global-agricultural-land-at-risk-of-pesticide-pollution/

"Regionally, Asia had the most high-risk land, with China, Japan, Malaysia and the Philippines especially impacted, the press release said."

https://www.nationofchange.org/2021/03/31/64-of-worlds-farmland-at-risk-from-pesticide-pollution-study-finds/

World Bank approves 400-million-USD loan for China's food safety
http://www.xinhuanet.com/english/2021-03/26/c_139838584.htm

Advancing China's Food Safety
https://www.marketscreener.com/news/latest/Advancing-China-s-Food-Safety--32791370/

Demand for farmland protection in northeast china

Updated: 2021-03-25

"Intensive utilization of farmland in many areas of Northeast China-including planting the same species over a large area, use of heavy machinery and intensive input of chemicals such as fertilizers and pesticides-has resulted in increased erosion of the soil and reduced fertility, which has threatened crop production, Zhang said.

Zhou Wei, a researcher in agricultural resources at the Chinese Academy of Agricultural Sciences, said large areas of farmland face problems such as acidification, salinization and soil loss due to improper practices such as the overuse of synthetic fertilizers, resulting in some farmland become unsuitable for farming.

In Northeast China, intensive farming since the 1950s has seen the organic matter content of black soil reduced to between 2.5 and 3.5 percent, down from as high as 10 percent, leading to a fall in grain yields, he said.

In addition to soil degradation, farmland in some places also faces risks from industrial pollution, and risks of being used for commercial purposes for more profit, which threatens food production.

Zhou said agricultural researchers across China have made major achievements in farmland protection over the past five years, including creating methods to improve the fertility of farmland soil in Northeast and South China, and technologies to repair acidified farmland and improve the efficiency of synthetic fertilizer use. More efforts will be made to achieve technological breakthroughs over the next five years, he said.

"A major problem facing protection of farmland in China is lack of research in the field, and related standards on farmland protection are absent," he said.

"Science and technology should play a more important role in solving problems facing farmland protection, such as farmland erosion and pollution, and providing solutions to find a balance between farmland protection and high-yielding crops."

Zhang said that in addition to more investment from the government, a farmland protection law is urgently needed."

http://epaper.chinadaily.com.cn/a/202103/25/WS605bd1a7a31099a234354e88.html

Probably time needed for restructuring and auditing

It is now over 3 months since they announced the GHG plan and 6 weeks since announced new auditor.

https://www.globenewswire.com/news-release/2020/12/15/2145131/0/en/Global-Holding-Group-Will-Participate-In-The-Restructuring-Of-Kiwa-Bio-Tech.html

https://www.otcmarkets.com/filing/html?id=14678301&guid=YmUpUHFwNST6M3h

See recent recruitment page:
Recent posts are for Yangling area and includes one as:
"Manager of Financial Department of Kiwa-Yangling Eco-friendly Agriculture Base"

https://kiwabiotech.com/career-2/#1534224915220-9821db1d-d059

Lets hope they come back soon with a solid growth plan

Equiniti Acquires Corporate Stock Transfer To Expand In US
04 November 2019

https://equiniti.com/uk/news-and-views/news-releases/equiniti-acquires-corporate-stock-transfer-to-expand-in-us/

You can show that link to whoever you are communicating with on this

Organic farming seeing positive news

"Since the outbreak of the COVID-19 pandemic, the general demand for nutritious products and healthy food including organic foods has increased significantly worldwide, presenting enormous opportunities for farmers and companies to tap into."

https://www.thenews.com.pk/print/803063-china-to-share-its-rich-experience-with-pakistan-producing-organic-food

"Organic farming the way to go"
https://www.nst.com.my/opinion/columnists/2021/03/673370/organic-farming-way-go

"CHICAGO — The COVID-19 pandemic continues to fuel growth of the organic food industry, according to the Organic Trade Association (OTA), Washington. Organic food sales hit $50.1 billion in 2019, up 4.6% from the previous year."

https://www.foodbusinessnews.net/articles/18094-organic-fighting-supply-chain-challenges-in-frozen-foods

This is a good sign for sales of Kiwa's bio-organic fertilizer

“Kiwa plans to achieve fertilizer sales of no less than 200,000 tons in 2020, which will increase by nearly 20% compared with our total sales in 2019.” Added Li.

“Kiwa Bio-Tech expects the value of the company to continue to improve during the next 12 months due to increased sales performance and will not use reverse splitting of shares to improve the share price.” Stated Kiwa Bio-Tech’s CFO Mr. Man Yun.

https://www.globenewswire.com/news-release/2020/03/30/2008164/0/en/Kiwa-Bio-Tech-Announces-Agreement-with-China-State-Owned-Enterprises-to-Develop-New-Fertilizer-Market-Areas-Including-An-Initial-Order-of-at-Least-Seven-Million-Five-Hundred-Thousa.html

Has anyone thought on what types of revenues for KWBT could be generated from the soil remediation joint venture focusing on the Yangtze river basin?

This soil remediation can be a new source of revenue for KWBT to add onto the biofertilizer market revenue ($40m in 2019). If GHG and the new joint venture can expand sales, I hope KWBT can show growth in revenue in the coming quarters. Aquaculture may bring in more too later. KWBT looks positioned for growth into large markets but it is unclear on the rate of growth. Revenue guidance needed.

China Development Bank: Green Bonds for protection of Yangtze/Yellow river basins in the pipeline

"CDB said in a news release that themed green bonds for the protection of the Yangtze River and the ecological reserve in the Yellow River basin are in the pipeline, which shows the bank's commitment to facilitate China's high-quality economic growth and green transformation."

http://global.chinadaily.com.cn/a/202103/13/WS604bfc1ea31024ad0baaeed4.html

This funding news from CDB for soil and water remediation supports the earlier news from Kiwa Biotech on their joint venture in this market:

"The JV will leverage Kiwa Bio-Tech and Kangxi’s technology and cooperate with government agencies"

https://www.nsagriculture.com/news/company-news/kiwa-bio-tech-jv/

China’s ‘five-year plan’ for farming productivity emphasizes importance of biotech crops

maintain at least 120 million hectares of arable land with high-standard farmlands producing high and stable yields regardless of drought and flood;

reinforce the support for modern agriculture by science, technology, and equipment, create agricultural modernization demonstration zones with a target of 500 by 2025, and advance the green development of agriculture."

https://geneticliteracyproject.org/2021/03/12/chinas-five-year-plan-for-farming-productivity-emphasizes-importance-of-biotech-crops/

Significance of Yangtze River Protection Law to KWBT

"It is estimated that, through great protection and upgrading development, the Yangtze River Basin will account for over half of China's economy by 2025, or by 2030 at the latest. It will also serve as the vanguard and model for the whole country to meet its ambitious goal of becoming a medium developed economy by 2035."

https://news.cgtn.com/news/2021-03-02/Historic-significance-of-Yangtze-River-Protection-Law-YiBEyfm1ag/index.html

"The new joint venture aims to leverage the Chinese government’s promotion of treatment and restoration of polluted land and water resources, starting with Yangtze River Delta"

https://www.nsagriculture.com/news/company-news/kiwa-bio-tech-jv/

Scarcity of cultivable land may encourage soil remediation

Opinion of former president of China Agricultural University

"In the Government Work Report he delivered on Friday, Premier Li Keqiang once again highlighted the importance of seeds and cultivable land in safeguarding China's food security."

"Yet the relative scarcity of cultivable land and lack of enough water sources are hurdles in China's path in raising farm output. China's per capita cultivable land is 1.4 mu (933 square meters) just a bit more than half the global average of 2.7 mu."

"The relatively low yield level can be attributed to fragmented farmlands, and the scattered distribution of cultivable lands including on mountain slopes."

"As for the government, it should better protect cultivable land and promote innovation, so as to boost grain production' capacity in the long run. The increase of overall production capacity cannot be achieved by the market alone. This is exactly where the government should intervene.

For instance, the government should allocate more funds to the existing nationwide farmland improvement and consolidation project. With support from this project, large pieces of farmland are to be built with good irrigation system and more fertile soil conditions, which are prerequisites for large-scale and mechanized farming, and for easier use of advanced technology, for the purposes of increasing output and farmers' income."

http://epaper.chinadaily.com.cn/a/202103/10/WS60481567a31099a234354869.html

Relevance for KWBT:

"The Kiwa R&D Center cooperates with Northwest Agriculture and Forestry University, China Agricultural University, Chinese Academy of Agricultural Sciences, Northwest University, Harbin Technology Institute, Research Institute of Tsinghua University and several other prestigious universities."

https://www.globenewswire.com/news-release/2018/08/20/1553890/0/en/Kiwa-Bio-Tech-Announces-Opening-Of-First-Research-and-Development-Center-In-China.html

"Kiwa Bio-Tech Established Joint Venture to Address Ring-fenced Soil Remediation Projects"

https://www.globenewswire.com/news-release/2020/04/30/2024988/0/en/Kiwa-Bio-Tech-Established-Joint-Venture-to-Address-Ring-fenced-Soil-Remediation-Projects.html

Will a new law bring China’s dying Yangtze River back to life?

"The global conservation body WWF said in September that nearly half of the country’s heavy metal pollution hotspots were within the Yangtze River Economic Belt, which stretches from Sichuan in the southwest to Zhejiang in the east."

“The pollution was so severe that I could smell pesticide on the fish. Nobody eats fish caught in the river any more.”
A turning point came in January 2016 when President Xi Jinping presided over a symposium in Chongqing in western China saying enough was enough and the pollution must stop.
“We must give priority to the long-term interests of the nation and the restoration of the Yangtze River, making an all-out effort to protect [the Yangtze] and stop any large-scale development of the river,” Xi said.

https://www.scmp.com/news/china/politics/article/3123651/will-new-law-bring-chinas-dying-yangtze-river-back-life

Kiwa Bio-Tech forms joint venture to address soil and water remediation in China

"The new joint venture aims to leverage the Chinese government’s promotion of treatment and restoration of polluted land and water resources, starting with Yangtze River Delta "

https://www.nsagriculture.com/news/company-news/kiwa-bio-tech-jv/

China top legislature protecting Yangtze on March 1

"Some of the regions along the river are rife with desertified lands and soil pollution, while more polluting industries are moving upstream."

"A coordination mechanism will be set up by the State to make overall plans for, coordinate, guide and supervise the Yangtze protection work, which will be implemented by State Council departments and provincial-level governments along the river, according to the law."

http://www.xinhuanet.com/english/2020-12/26/c_139620826.htm

Kiwa Bio-Tech forms joint venture to address soil and water remediation in China

"The new joint venture aims to leverage the Chinese government’s promotion of treatment and restoration of polluted land and water resources, starting with Yangtze River Delta"

https://www.nsagriculture.com/news/company-news/kiwa-bio-tech-jv/

Chinese horticulture is developing rapidly.

"Self sufficiency is at the top of the Chinese agenda. Not only on a national level but also on a provincial level, China strives for greater efficiency in production in order to meet the local demand for fresh produce. For that reason, high-tech greenhouse horticulture is developing rapidly."

"Horticulture is not new to China, as it already has a considerable number of greenhouses, ranging from simple tunnels to the slightly more advanced greenhouses. Over 70 million people, it is estimated, work in those greenhouses. Despite the large acreage of 4 million ha of covered cultivation, the average yield of this horticulture is relatively low, around 15% of what a hi-tech greenhouse could produce. Besides, growers are struggling with soil pollution and disease pressure is hard to control.

Currently, China possesses only 800 ha of high tech greenhouses. "However, if it is up to the Chinese government this will soon change," says Michiel Bierkens, Consul General with the Consulate General of the Kingdom of the Netherlands in Guanghzhou, China.

"As part of a larger plan to upscale Chinese agriculture, in order to stimulate fresh production in new residential areas, new building projects are being started." The money is often invested by real estate companies, who eagerly grasp the opportunity to be part of this fast growing industry. The technology required for building high-tech greenhouses usually comes from international suppliers, although more and more technology is produced in China."

https://www.freshplaza.com/article/9290046/self-sufficiency-is-at-the-top-of-the-chinese-agenda/

The above looks like an opportunity to boost sales in horticulture for KWBT but is also suggestive of the demand to remediate soil pollution where KWBT can also grow sales in announced joint venture.

"Ontario, CA— (February 4, 2018) – Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) (“Kiwa Bio-Tech” or the “Company”), a manufacturer focused on eco-friendly bio-based fertilizers while promoting eco-friendly agriculture, is pleased to announce the appointment of Professor Xuwu Yang from the Northwest University of China (“NWU”) as the Company Consultant, to provide full technical support to the Company."

Professor Yang is a senior researcher and doctoral supervisor on quality improvement of fruit and vegetable production, serving as Director of NWU Bio-Tech Institute, Lead Engineer for Small- and Medium-Sized Enterprises in Shaanxi Province, Special Advisor of Xi’an City Agricultural Science and Technology Advisory Group, Director of the Shaanxi Provincial Institute of Horticulture, and of Xi’an City Science and Technology Correspondent."

https://kiwabiotech.com/kiwa-bio-tech-announces-leading-university-professor-as-new-company-consultant/

CHINA TO HIKE CORN ACREAGE BY MORE THAN 667,000 HECTARES IN 2021

"BEIJING, Feb 25 (Reuters) - China will step up its corn planting acreage and treat more polluted land in 2021, the agriculture ministry said on Thursday, as part of an overarching plan to bolster food security for the world's largest population.

The policy statement, which dates from Jan 8, came out after China strengthened its focus on food security in an annual rural policy blueprint issued on Sunday.

The boost of more than 667,000 hectares in corn planting acreage will come in China's northeast and areas around the Yellow, Huai and Hai rivers in 2021, the ministry said, following a plan unveiled this year.

Regions "with good basic conditions and where major grain production counties are concentrated," will be chosen to build national food security industry belts with stable and high output, it added.

China will also treat 50 million mu (3.3 million hectares) of polluted land and expand pilot acreage for land rotation and fallow land to 40 million mu (2.7 million hectares) in the new year, the ministry said in the document on key farm and rural work in 2021."

https://www.agriculture.com/markets/newswire/update-1-china-to-hike-corn-acreage-by-more-than-667000-hectares-in-2021


"The guidelines also detailed policies to make agriculture greener and improve living conditions in rural areas."

http://www.china.org.cn/china/2021-02/26/content_77251303.htm

More legislation supporting a target market for KWBT

"A law to improve the conservation of Yellow River Basin ecosystems and promote regional economic development is being drafted to strengthen protection of the watercourse and prevent environmental hazards, China's top legislature said on Tuesday.

Similar legislation aimed at protecting some other river basins across the country is also being prepared, he said."

"To ensure the laws can better respond to public concerns and solve environmental problems more effectively, he said lessons will be drawn from the drafting of the Yangtze River Protection Law-which was passed late last year-with a cross-department legislative team established and opinions solicited from more walks of life, both online and offline.

The Yangtze River Protection Law was the country's first law made for a specific river basin.

Aimed at promoting well-coordinated environmental conservation and avoiding excessive development, the law will come into force on March 1."

http://epaper.chinadaily.com.cn/a/202102/24/WS60359e39a31099a234354283.html

Reference for KWBT:

"As part of the agreement, all parties are focused on developing markets for soil remediation and water remediation centering on the Yangtze River Delta."
https://www.globenewswire.com/news-release/2020/02/25/1989841/0/en/Kiwa-Bio-Tech-Announces-Agreement-with-Fudan-Science-Park-and-Xibaokun-Agricultural-Technology-Co-Ltd-for-Soil-Remediation-Projects.html

Catalogue for Encouraged Industries in the Western Regions

Reduced application of chemical fertilizers and commitment to protect farmland.

Rural developments during the 13th Five-Year Plan (2016-2020)
"the application of fertilizers and agrochemicals moved into negative growth territory for four consecutive years."

"We will guard the red line of 1.8 billion mu (120 million hectares) of arable land and ensure the 1.55 billion mu of farmland to mainly produce crops, vegetables and fruits," Tang said, adding that "we will fully protect and utilize rich black soil area in northeastern China."

http://english.www.gov.cn/news/videos/202102/23/content_WS6034a901c6d0719374af9545.html

"On January 26, 2021, the National Development and Reform Commission (NDRC) published the Catalogue for Encouraged Industries in the Western Regions (2020 Edition) (“Western Region Encouraged Catalogue”), to be implemented from March 1, 2021 and to replace the 2014 Edition.

Unlike the Encouraged Catalogue for Foreign Investment (FI Encouraged Catalogue), which only applies to foreign-invested enterprises (FIEs), the Western Region Encouraged Catalogue, in principle, is applicable to both domestic and FIEs in the western regions of China.

Eligible foreign and domestic companies registered in the western regions can enjoy a reduced corporate income tax (CIT) rate of 15 percent (China’s standard CIT rate is 25 percent). To enjoy this preferential CIT rate, the company’s main business must fit into the encouraged categories and its main business revenue must account for at least 60 percent of its total business. This preferential policy will last at least until the end of 2030, according to the Announcement about Continuing to Implement Preferential Corporate Income Tax Policies for Western Development.


The western regions include 12 provinces – Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, and Xinjiang, which cover more than 70 percent of the country’s land area and have nearly a third of its population."

https://www.china-briefing.com/news/investing-in-chinas-western-provinces-how-to-read-the-new-encouraged-catalogue/

China's food security at core of Beijing's new five-year rural-revitalisation plan

The following relates to biofertilizer and soil remediation markets that KWBT is trying to grow in:

"The new plan puts a comprehensive revitalisation of the countryside at the heart of the national agricultural strategy in the next five years.

...it requires all provincial authorities across the country to maintain stable grain-planting acreage and to increase yields to improve the supply of wheat, corn, rice, cotton, edible oils, sugar and meat during the 14th five-year plan period that runs from 2021-25.

However, unlike in previous years, this year's plan establishes a series of numerical targets for food production, including reaching an annual grain output of more than 650 million tonnes and creating 100 million mu (6.67 million hectares) of high-quality arable land that can guarantee bumper harvests despite natural disasters."

"The ministry will also encourage the use of modern biological breeding, gene editing, synthetic biology and artificial intelligence technologies to create new, high-yield seeds for key crops.

"The document encourages the country's financial institutions to establish special internal departments to support the rural-revitalisation project.

Additionally, Beijing is expected to officially launch a new central government rural-revitalisation bureau on Thursday, replacing the State Council leading group office on poverty alleviation and development, according to the state-run newspaper The Beijing News."

https://news.yahoo.com/chinas-food-security-core-beijings-093000444.html

Recap: The Restructuring Of Kiwa Bio-Tech

Referring to...

1. new fertilizer industry
2. environmental protection industry

Mr. Shizun Cai, the independent director and co-chairman of Global Holding Group stated:

"This cooperation will play a huge role in promoting the development of both industries, which have trillion RMB market"

https://www.globenewswire.com/news-release/2020/12/15/2145131/0/en/Global-Holding-Group-Will-Participate-In-The-Restructuring-Of-Kiwa-Bio-Tech.html

"Kiwa will immediately resume the financial reports reporting after the restructuring."

and February 5, 2021 filing shows Kiwa Biotech has new auditor:

https://www.otcmarkets.com/filing/html?id=14678301&guid=iMlaUKoIOwGBfth

JLKZ CPA LLP
https://www.jlkzcpa.com/

A couple years ago also saw China Soil Pollution Law 2019

China Focus: China adopts new law on soil pollution prevention
http://www.xinhuanet.com/english/2018-09/01/c_137434559.htm

This supports Kiwa Biotech's biofertilizer and microbial fertilizers

Thanks for insights on your travels. Demand for high quality fruit and veg by the mentioned 1.4 billion people can bring investment into the sector.

Chinese Apple Exports in 2020 Surpass 1 Million Tons

"China’s growth in the international marketplace has so far been limited by the perceived quality of Chinese apples and the maximum residue limits set by other countries."

https://www.producereport.com/article/chinese-apple-exports-2020-surpass-1-million-tons

China issues No.1 central document, highlights rural vitalization

"Solving issues related to agriculture, rural areas and farmers remains the top priority, the document said, calling for innovation-driven development to support the country's new journey to fully build a modern socialist country."

https://news.cgtn.com/news/2021-02-21/China-releases-No-1-central-document-for-2021-Y47jzqM8g0/index.html

Alibaba, Pinduoduo Fight Against China’s Looming Food Crisis

“The battle to supply 1.4 billion people with fresh fruit and vegetables is taking China’s e-commerce companies into the country’s hinterlands, where they are attempting to revolutionize centuries-old agricultural practices to secure future supply for their burgeoning online grocery businesses.

Agriculture is a critical area supported by the Chinese government,” said Liu Yue, an analyst with market research firm EqualOcean. With rural youths flocking to cities for better jobs and food safety increasingly threatened by pesticides and outdated farming methods, the country’s tech champions are eager to lend Beijing a hand, she said.

The driving force behind the e-commerce platforms’ push into smart agriculture is the boom in online groceries, which is expected to double to about 820 billion yuan ($127 billion) by 2023 from last year, according to iResearch. The category overtook consumer electronics as the biggest contributor at JD.com in the first half last year, while Alibaba is making a bigger push into the business by taking a larger stake in hypermart Sun Art Retail Group Ltd."

https://www.bloomberg.com/news/articles/2021-02-21/alibaba-pinduoduo-join-fight-against-looming-china-food-crisis

Chart indicates that we passed a turning point.

The trend now looks overall positive when viewed on a longer term horizon.

Market Cap is still well below past levels but a new and hopefully stronger company is emerging based upon recent PRs.

Looking forward to the new auditor filings and company update.

Dredging activity being prepared for rivers in Shaanxi

"Xi’an, the capital of Shaanxi Province in central China, is taking action to restore its vital rivers with the help of Finnish clean technology.

Rapid population growth, heavy industrial activity and advancing climate change have led to water shortages, aquatic environment deterioration, and made the city more vulnerable to flooding."

https://www.dredgingtoday.com/2021/02/18/restoring-xians-vital-rivers-with-watermaster/

Once this mechanical dredging with Finnish machinery is complete, will there be a new market for Kiwa Biotech to improve the water quality?

https://www.globenewswire.com/news-release/2019/03/14/1753112/0/en/Kiwa-Bio-Tech-Awarded-Government-Bid-For-Modern-Agricultural-Park-Planning-Project.html

Last leg of east-west rail corridor opens

Apart from locating in the high tech agriculture zone, it looks like there is now good transport logistics for Kiwa Biotech's HQ in Shaanxi along the East-West highspeed railway corridor.

http://epaper.chinadaily.com.cn/a/202102/09/WS6021bf02a31099a234353e16.html

soil remediation market could be key growth market for KWBT

"focused on developing markets for soil remediation and water remediation centering on the Yangtze River Delta."

https://www.globenewswire.com/news-release/2020/02/25/1989841/0/en/Kiwa-Bio-Tech-Announces-Agreement-with-Fudan-Science-Park-and-Xibaokun-Agricultural-Technology-Co-Ltd-for-Soil-Remediation-Projects.html

“Beijing has rolled out big plans for the Yangtze River Delta after the Greater Bay Area,” said Vincent Cheung, managing director of Vincorn Consulting and Appraisal. “The region will become investors’ top priority when they come to expand in the world’s second largest economy.”

https://www.scmp.com/business/article/3121198/yangtze-river-delta-hong-kong-mainland-developers-invest-billions-they

reassuring news: new auditor can work on past required filings

"JLKZ CPA LLP, a PCAOB registered firm, is a boutique CPA accounting firm dedicated to foster the growth and prosperity of emerging firms "

https://www.jlkzcpa.com/about

"auditor to report on the Company’s financial statements for the fiscal year ended December 31, 2020, including performing the required quarterly reviews"

http://archive.fast-edgar.com/20210208/AU2OTG2CZ22RBZQ2222C2ZY2W5VBZZ22Q232/

Okay. Let us know if you succeed to get the CVRs back.

Hopefully TDA will cooperate and we will see a payout in the coming years

"Vincristine Sulfate Liposome Injection Drugs Market Set to Register robust CAGR During 2020-2025"

https://www.groundalerts.com/vincristine-sulfate-liposome-injection-drugs-market

There are recent discussions on using vincristine sulfate for treatment protocol.

"The Food and Drug Administration (FDA) has issued a safety alert regarding the preparation of vinca alkaloids.

According to the Agency, these chemotherapy agents, which include vincristine sulfate injection, vinblastine sulfate injection, and vinorelbine tartrate injection, should only be prepared in intravenous (IV) infusion bags. In order to reduce the potential for unintended intrathecal administration, the FDA is working with manufacturers to update the drug labeling to remove instructions for preparation of these agents by syringe."

https://www.cancertherapyadvisor.com/home/cancer-topics/general-oncology/vinca-alkaloids-fda-safety-alert-intravenous-infusion-bags-prep/

50day MA approaching 200day MA. Golden crossover on the horizon?

Interesting. Thanks for sharing.

I hope we hear an update on the progress of the planned production expansion in the coming months with the new funding from GHG.

Thanks for confirming

PRs showed connection to wealthy Chinese investment group

Separate from interesting Cai Shizun investment news...

"previous cooperation between Kiwa and Rong’s Family Group will also be initiated"

https://www.globenewswire.com/news-release/2020/12/15/2145131/0/en/Global-Holding-Group-Will-Participate-In-The-Restructuring-Of-Kiwa-Bio-Tech.html

"At 3:00 p.m. Beijing time, Mr. Wei Rong, President of Rong’s Family Investment Group, the first National Capitalist in China, and a future strategic partner of Kiwa, and his delegation came to Kiwa’s exhibit booth to learn more about the Company’s technology and products.

The Company introduced the implementation of the Trinity Model in Zhouzhi, included the application of Kiwa’s biological fertilizer series, technology, finance, market and other supporting services.

Mr. Wei Rong expressed the high appreciation and also stated “The Rong’s family has a famous brand called "Xiangxian", and has an enormous market network domestically and internationally. The agricultural produce under Kiwa’s Trinity Model of harmlessness can completely enter into the Rong’s family's market network. In addition, Rong’s Family Investment Group is discussing all-round strategic cooperation with Kiwa and hoping to implement the cooperation as soon as possible.”"

https://www.globenewswire.com/news-release/2019/10/24/1934719/0/en/Kiwa-Bio-Tech-Announces-Participation-at-China-Yangling-Agricultural-Hi-Tech-Fair-Opening-Ceremony.html

FYI:
https://www.nytimes.com/2005/10/28/obituaries/rong-yiren-a-chinese-billionaire-dies-at-89.html

CEO starting to show good on his earlier statement...

"Facing China's nearly 35 billion USD new fertilizer market in the future, as well as nearly trillion USD soil remediation market, Kiwa will be based on the existing business to rapidly expand fertilizer market share, to obtain soil remediation market share, and of course show our shareholders a great performance."

https://www.globenewswire.com/news-release/2020/03/09/1996966/0/en/Kiwa-Bio-Tech-CEO-Letter-to-Shareholder-and-Stakeholders.html

Former strategic partner in Alibaba now strategic partner in Kiwa Biotech?

Poster earlier suggests we do not have a correct website for GHG but no Chinese website offered yet. Even without a website on GHG, the information is:

1.From the Dec 15th PR

Mr. Shizun Cai, the independent director and co-chairman of Global Holding Group stated that “the corporation is aimed to promote the integration of the new fertilizer industry and environmental protection industry by using the planned industrial funds as well as Kiwa’s state-of-the-art biotechnology. This cooperation will play a huge role in promoting the development of both industries, which have trillion RMB market. The goal of this cooperation is to make full use of the superior resources of all parties and establish a new standard and rule for the operation of this new fertilizer industry."

https://www.globenewswire.com/news-release/2020/12/15/2145131/0/en/Global-Holding-Group-Will-Participate-In-The-Restructuring-Of-Kiwa-Bio-Tech.html

2. Digging a little deeper on "Cai Shizun" (reversing name order), I found this page that appears to confirm Cai Shizun as a partner in Alibaba:

https://line.17qq.com/article/hocmhmpcv_p5.html

3. Summary: It may be possible that the former strategic partner in Alibaba has become strategic partner in Kiwa Biotech. Sounds promising and fits with the Rong Family Group reputation also as an investor in Kiwa Biotech.

Looking forward to seeing more details. Anyone else familiar with Cai Shizun or Shizun Cai or Global Holding Group?

we have a resident accountant/CPA on this board that might be able to chime in.
short in information but they are going to need a new auditor for the delinquent filings in a soon to be restructured company.

we have their assurance from PR that they will release the filings immediately after restructure

From 8K, it looks like they are not authors of 2020 filings even though they qualified there is no disagreement after the 2019 filing until the day they resigned.

"For the past three fiscal years and subsequent interim periods though the date of resignation, there have been no disagreements with Friedman on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of Friedman., would have caused them to make reference thereto in their report on the financial statements."