China Modern Agricultural Information Generates $1.59 Million in Revenue From Order of 3,500 Tons of Raw Milk
9:03a ET September 8, 2011 (Market Wire) China Modern Agricultural Information Inc. ("the Company") (OTCQB: CMCI) (PINKSHEETS: CMCI), a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk and the sale of organic fertilizer, today announced that it has received a 3,500 ton order for raw milk from Qiqihar Heshan Dairy Co., Ltd, a producer of fresh raw milk with annual capacity of 50,000 tons. Based on the raw milk market price of $0.45 per kilogram, the total value of the order is approximately $1.59 million.
Mr. Youliang Wang, Chief Executive Officer of China Modern Agricultural Information, commented, "We are very pleased to enter into an agreement with our new customer and partner Qiqihar Heshan Dairy, a well known and respected producer of dairy products in China. With annual capacity of 50,000 tons, we expect this agreement to be only the beginning of a long term working relationship. This order further increases our market share in the raw milk production market and shows our ability to obtain new customers in the rapidly expanding Chinese agriculture sector. We look forward to establishing similar relationships with new customers in the near future as we work towards increasing our revenue base."
About China Modern Agricultural Information China Modern Agricultural Information, Inc. is a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk, the sale of organic fertilizer, as well as the promotion of agricultural information. For more information please visit www.hljzhongxian.com/zx/eng_zx.
