Kiwa Bio-Tech Forms Agreement with China State-Owned Enterprise to Develop New Fertilizer Markets

By Kiwa Bio-Tech|10 April 2020

Kiwa Bio-Tech Products Group Corp., an emerging agricultural company that develops, manufactures and markets bio-fertilizers for use in the multi-billion China agriculture and aquaculture markets and the developer of smart soil remediation technology for use in agriculture markets worldwide, has announced the company has signed a cooperation agreement with Huaxialitai Co., Ltd.

On March 25, Kiwa Bio-Tech signed a cooperation agreement with Huaxialitai Co., Ltd., a China state-owned enterprise that has an enormous fertilizer market channel throughout China. Under terms of the agreement, Huaxialitai will start to sell Kiwa’s fertilizer products in the second quarter of 2020. The sales area includes Gansu, Jilin and other regions. It is anticipated that the first order will be at least $7,500,000 USD.

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“As all of us experience the challenges and impacts associated with the efforts to mitigate the COVID-19 outbreak, Kiwa eliminated the adverse factors brought by the epidemic and completed 80% of the quarterly sales plan,” said Kiwa CEO Wade Li.

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Kiwa Bio-Tech Products Group Corp. is an emerging agricultural company that develops, manufactures, and distributes innovative and environmentally safe bio-technological products for agriculture and aquaculture markets with corporate headquarters in the Yangling, Shaanxi, China. Kiwa’s focus is to positively impact the environment by reducing the amount of chemical fertilizers that are being used by agricultural growers in China. See all author stories here.

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