BEIJING and CLAREMONT, Calif., Jan. 30 /Xinhua-PRNewswire-FirstCall/ -- Kiwa Bio-Tech Products Group Corporation (OTC Bulletin Board: KWBT) reports that the volume of bio-enhanced feed products sold during the fourth quarter of 2007 strengthened over the third quarter of 2007 and increased 25% over the same period in the previous year.
Tianjin Kiwa Feed Co., Ltd. ("Kiwa Tianjin") is a joint-venture of Kiwa and Tianjin Challenge Feed Co., Ltd, to engage in developing, manufacturing and marketing of biologically enhanced feed for pigs, chickens, ducks, cows and fish. During 4th quarter of 2007, Kiwa Tianjin sold over 7,600 tons of bio-enhanced feed a 25% increase compared with approximately 6,100 tons during the same period of 2006.
Mr. Wei Li, the Chief Executive Officer of Kiwa stated: "the strong increase in sales shows both the huge potential of China's agricultural markets, and Kiwa's capability to continue to expand its business."
About Kiwa Bio-Tech Products Group Corporation
The Company develops, manufactures, distributes and markets innovative,
cost-effective, and environmentally safe bio-technological products for
agricultural and natural resources and environmental conservation. The
Company has acquired the rights to manufacture and market AF-01 Anti-viral
Aerosol Agent for use in preventing (blocking) bird-flu disease in Chinese
and international markets. The Company has excellent relations with
government authorities in China and has developed several innovative, high
margin products, while continuing to grow through internal and external
product development. The Company's 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. For more information about the Company, please review
documents filed with the SEC ( http://www.sec.gov ) or
|SOURCE Kiwa Bio-Tech Products Group Corporation|
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