CLAREMONT, Calif., Nov. 13, 2015 (GLOBE NEWSWIRE) -- Kiwa Bio-Tech Products Group Corporation (OTCBB: KWBT ) announced today that from November 7 to 8, 2015, Jimmy Zhou, Chief Executive Officer of Kiwa Bio-Tech Products Group Corporation and strategic partner from the Chinese Academy of Agricultural Sciences, Chief Scientist Professor Yongchang Wu, were invited to participate in the prestigious Agricultural Informatization Summit held in Fuzhou, China.
This highly selective Forum, was organized by the China Ministry of Agriculture Information Center, and was presented under the Chinese National policy framework. The Vice Minister of Chinese Agriculture Department, Mr. Dongyu Qu, former Deputy Minister of Industry, Mr. Xueshan Yang, the Vice Governor of Jilin Province and Mr. Zhongcheng Sui, and the senior leadership of various provinces and cities, as well as, China's leading agricultural information network executives, attended this prestigious Forum. The Forum focused on China’s critical agricultural statues with major themes including: "Internet + modern agriculture," which discussed of the relevant state policies, prospects of agricultural information development trends. Additional critical themes addressed at the Forum included: "Internet + e-commerce", "Internet + Rural Financial Services" and "Internet + Quality and Safety of Agricultural Products." During the Forum topics introduced included: domestic and international agricultural information, innovation, and additional technologies and achievements. The Forum sought to share common agricultural information for future development.
During the Forum Mr. Zhou and Professor Wu met the Ministry of Agriculture Quality and Safety Supervision Bureau Inspector, Deputy Director of the Ministry of Agriculture Information Center, Ms. Xiuyuan Wu and other eminent leaders and experts discussed and established interconnection mechanisms for agricultural progress. The Forum thought leaders included: Chinese People's Insurance Company Agricultural insurance unit general manager, Mr. Jun Wang, Shanghai E-Commerce Co., Ltd Chairman, Mr. Jinchuan Zhan, Director of China International Agricultural Products Fair Online Service Channel (the China warehouse network), Mr. Zhen Zhang, and additional Chinese agricultural experts. During the “Internet + modern agriculture” portion of the Forum, Kiwa’s e-commerce feasibility and financial services to agricultural clients was presented. The topics of traceability and security mechanisms for cooperation across the agricultural alliance reached an initial agreement on the basic framework for cooperation, which will be refined in the future, for the benefit of all. Many of these leaders in China’s agricultural sector issued highly complementary remarks about Kiwa’s microbial products, which may lead to the standardization of ecological agriculture.
Jimmy Zhou, CEO of Kiwa stated, "During our professional exchange at the Forum, we all shared a deep sense of China's ecological security. The agriculture and Internet model has been formed. This gives Kiwa tremendous opportunities to promote microbial products and e-commerce solutions, resulting in high quality and safe agricultural products.”
About Kiwa Bio-Tech Products Group Corporation We develop, manufacture, distribute and market innovative, cost-effective and eco-friendly bio-technological products for agriculture. Our main product groups are bio-fertilizer, biologically enhanced livestock feed. Our products are designed to enhance the quality of human life by increasing the value, quality and productivity of crops and decreasing the negative environmental impact of chemicals and other wastes. Our businesses include bio-fertilizer and bio-enhanced feed.
Kiwa’s new strategy is to implement top-vision planning for marketing Kiwa’s current bio-fertilizer products, along with the construction of a “green agriculture” safe food platform in China. Our goal is to build market trust in our Kiwa brand, gradually entering China’s trillion dollar “green” agricultural produce market.
For more information on Kiwa and its products, please refer to the website at www.kiwabiotech.com or the Company filings with the United States Security and Exchange Commission, available for free at www.sec.gov .
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.
CONTACT: Kiwa Bio-Tech Products Group Corporation Yvonne Wang (626) 715-5855 yvonne@kiwabiotech.com
