Kiwa Bio-Tech Products Group Corp (fka KWBT)

[operating_line]

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?