Kiwa Bio-Tech Products Group Corp (fka KWBT)

[wfarrance]

KANG TAN SET UP A JOINT VENTURE IN THE THREE PROVINCES TO BUILD ONE MILLION TON CAPACITY PRODUCTION BASE AT EACH LOCATION
this is going to get really crazy from this point on

THIS IS FROM THE CHINESE WEBSITE

Kang Tan biotechnology group company recently announced that recently established a joint venture company, named for the Inner Mongolia Jingnong Investment Management Limited.

According to the terms of the joint venture, Fine Farmer plans to invest in a number of Catan projects, including but not limited to:

1. The main investment of the joint venture company is the investment in the construction of Inner Mongolia production base of Ketan Bio-Inner Mongolia, the construction investment in Xinjiang Production Base, the construction investment in Guizhou Production Base and the expansion of Shandong Production Base. According to the previous forecast, the annual production capacity of each production base will reach 1 million tons.

2. The joint venture will also set up a special fund to jointly invest in the construction of the Kangtian (Shenzhen) Ecological Agriculture Park and the Penglai Park in Shandong.

Kangtai's chairman Wang Yufang said: "The investment project is based on the agreement between Catan and the National Agricultural Products Processing Industry Development Alliance, which will promote the development of Cantonal roots in China with the development of a new joint venture."

http://kiwabiotech.com.cn/kiwa/%E5%BA%B7%E5%9D%A6%E6%88%90%E7%AB%8B%E5%90%88%E8%B5%84%E5%85%AC%E5%8F%B8-%E5%9C%A8%E4%B8%89%E7%9C%81%E5%BB%BA%E8%AE%BE%E7%99%BE%E4%B8%87%E4%BA%A7%E8%83%BD%E7%94%9F%E4%BA%A7%E5%9F%BA%E5%9C%B0/