BEIJING and CLAREMONT, Calif., Jan. 31 /Xinhua-PRNewswire-FirstCall/ -- Kiwa Bio-Tech Products Group Corporation (OTC Bulletin Board: KWBT) reports sharply improved volume of bio-fertilizer products during the fourth quarter of 2007. Kiwa Bio-Tech Products (Shandong) Co., Ltd. ("Kiwa Shandong"), the Company's wholly-owned subsidiary operating in the bio-fertilizer industry, sold 114 tons of bio-fertilizer products during the last quarter of 2007 as compared with 14 tons in the same period of 2006, representing over 700% increase.
Mr. Wei Li, the Chief Executive Officer of Kiwa stated: "The newly finished first stage upgrade in Kiwa Shandong has significantly strengthened our capability in manufacturing bio-fertilizer products; and our marketing campaigns during past years raised awareness of Kiwa among customers. Our operation in bio-fertilizer industry is back on track."
At the end of the fourth quarter Kiwa announced that over 900 fertilizer- selling terminals have been established to sell Kiwa fertilizer products. These networks of sales terminals provide excellent direct distribution of Kiwa's Green Food Association approved products.
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
|SOURCE Kiwa Bio-Tech Products Group Corporation|
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