BEIJING and CLAREMONT, Calif., Jan. 21 /Xinhua-PRNewswire-FirstCall/ -- Kiwa Bio-Tech Products Group Corporation (OTC Bulletin Board: KWBT) has posted a video of portions of the recently completed and announced annual management meetings including year-end business review, planning for 2008 and employee recognition ceremonies.
Highlights include presentations by senior managers:
Mr. Zhang, Director and General Manager of Kiwa Shandong: "We have completed equipment installation and the first phase of bacillus fermentation technology upgrade. Currently, the principal part of the project has been accomplished and we are successfully producing fertilizers."
Mr. Wenbin Li, Vice President of Kiwa Tianjin: "Based on the operational results of 2007, we have set the operating target for 2008. We plan to sell various bio-feeds of 40,000 tons in total, including pig feeds 5,000 tons (about 12.5% of the total amount), feeds for chickens, ducks and other foul of 25,000 tons (about 62.5% of the total amount), fish feeds 5,000 tons (about 12.5% of the total amount) and cow feeds 5,000 tons (about 12.5% of the total amount)."
Prof. Wang, Professor of CAU (China Agricultural University), Director of Kiwa-CAU R & D Center and Director of the Company: "Through 2007, Kiwa-CAU R & D Center has mainly concentrated on the researching and development of bio- fertilizers and bio-feeds."
Mr. Song, Marketing and Sales director of the Company: "Currently, supporting the factory in Shandong, we have constructed a distribution network organization which includes 900 terminals within 4 areas in the south of Hebei. We are also actively negotiating to expand to Neimeng, Jilin, Heilongjiang and Suzhou. These areas basically fit in our distribution network building plan."
Mr. Wei Li, Chairman of the Board and CEO of the Company: "We signed a
Letter of Intent with Shijiazhuang Huaxing Animal Medicine Co., Ltd.
("Huaxing") in December, 2007 and now are i
|SOURCE Kiwa Bio-Tech Products Group Corporation|
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