Kiwa's development strategy and plan call for 2008 to be the first year for Kiwa to make profit on sales of twice 2007. The plan calls for the years 2009 and 2010 to demonstrate rapid development.
Kiwa's products have entered this huge Chinese market step by step. We have built a mature distribution system on the basis of current products. The next 5-10 years is seen by many as a period of sustainable development for the Chinese economy. The bio-agriculture industry will also develop on rapidly. These factors create a favorable environment for Kiwa's operations in a market valued at several hundred billion US dollars. Kiwa's management team and largest stockholders are confident in the Company's future development.
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'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 visit the Company's website at http://www.kiwabiotech.com.
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 Co
|SOURCE Kiwa Bio-Tech Products Group Corporation|
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