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Kiwa Bio-Tech Third Quarter Revenues Increase 226% - Nine-Month Revenues $6.2 Million
Date:11/7/2007

anjin. During the first two quarters of the year we shipped approximately 5,000 tons of bio-feed and in the third quarter alone we shipped 7,550 tons. During the third quarter we completed the first stage of upgrading of the Shandong manufacturing facility for fertilizer products and began shipping. We announced that we had registered products with the Shandong Provincial Soil and Fertilizer Station and had six products certified as organic by the China Green Food Association of the Agriculture Ministry."

PRODUCT OFFERINGS

Kiwa is currently producing and distributing six kinds of bio-fertilizer products. Five are bio-fertilizer products with bacillus spp and/or photosynthetic bacteria as core ingredients. They greatly boost overall plant health and the productivity of agricultural products. Kiwa has obtained five fertilizer registration certificates from the Chinese government - four covering our bacillus bacteria fertilizer and one covering our photosynthetic bacteria fertilizer.

Mass use of chemical fertilizer products has led to severe problems including damage to the soil structure, natural biodiversity and ecological system stability. Promoting the use of bio-fertilizer together with chemical fertilizer is one of the solutions to solve these problems, creating a very large market potential for bio-fertilizer. Kiwa's commercialized products, with bacillus and/or Photosynthesis Biological Catalyst as core ingredients, capitalize on this market trend. Kiwa hopes to become one of the leaders in developing green technologies for productive, more sustainable agriculture in China.

Currently Kiwa has different proprietary, concentrated Bio-feed formulas for fowls, fishes and pigs at different growth stages. The Chinese livestock industry is suffering from a lack of major feed producers that are capable of manufacturing high-quality, environment-friendly bio-enhanced feed in a cost- effective manner to satisfy the increasing demand of the market.
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SOURCE Kiwa Bio-Tech Products Group Corporation
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