XI'AN, China, Jan. 9, 2017
XI'AN, China, Jan. 9, 2017 /PRNewswire/ -- China Green Agriculture, Inc. (NYSE: CGA) ("China Green Agriculture") ("CGA" or the "Company"), a company that mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its subsidiaries in China, today announced that its wholly-owned subsidiary Shaanxi Techteam Jinong Humic Acid Product Co., Ltd., a wholly-foreign owned enterprise organized under the laws of the People's Republic of China ("Jinong"), received Black Gold Cup - the Outstanding Service Enterprise Award at the 1st National Soil Fertilization Conference in Beijing.
From December 25 to 27, 2016, the China Humic Acid Industry Association hosted the 1st National Soil Fertilization Conference and the 2nd China Peat Industry Summit in Beijing. Hundreds of representatives attended the conference from various government agencies, academic institutions, and industry corporations, including the Ministry of Agriculture, the Ministry of Environmental Protection, the National Standards Committee, the Chinese Academy of Sciences, Academy of Agricultural Sciences, and China Agricultural University etc.
At the conference, the National Humic Acid Industry Association granted the Sixth Black Gold Cup, the Outstanding Enterprise Award to Jinong for years of dedication in vigorously developing humic acid products.
The National Humic Acid Industry Association founded Black Gold Cup award since 2011. The award is to recognize enterprises for their significant contributions in the development of humic acid products and technology. For the 2016 Black Gold Cup, Jinong and other awardees stood out from several hundreds of nominees and received Black Gold Cup award after multiple rounds of reviews and competition.
"Congratulations to Jinong for winning the 2016 Black Gold Cup. This award speaks for the Company's excellence in humic acid industry." said Mr. Zhuoyu Li, President of the Company. "Since founded, the Company has been committed to the development of humic acid products. We will continue to ensure the quality of our humic acid products is among the best. Meanwhile since last year, we are building a new wholesale business to promote eco friendly products to more and more farms. Our vision targets to promote and protect the 'soil and fertilizer harmony'."
"Humic acid plays an important role in China's agricultural industry nowadays, and humic acid-based fertilizer gains critical attention from government." Mr. Tao Li, the Chairman and CEO of the Company, stated. "The Company will closely follow the lead of the government, focus on both the production and wholesale of humic acid products and integrate our e-commerce platform to provide best services to our customers, farms, and partners. I believe that the Company will realize the new commercially civilized ecosystem in agriculture in the near future."
About China Green Agriculture, Inc.
The Company produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries, i.e.: Shaanxi Techteam Jinong Humic Acid Product Co., Ltd. ("Jinong"), Beijing Gufeng Chemical Products Co., Ltd ("Gufeng") and variable interest entities Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. ("Yuxing"), Shaanxi Lishijie Agrochemical Co., Ltd. ("Lishijie"), Songyuan Jinyangguang Sannong Service Co., Ltd. (Jinyangguang"), Shenqiu County Zhenbai Agriculture Co., Ltd. ("ZhenbaiArgi"), Weinan City Linwei District Wangtian Agricultural Materials Co., Ltd. ("Wangtian"), AksuXindeguo Agricultural Materials Co., Ltd. (Xindeguo"), Xinjiang Xinyulei Eco-agriculture Science and Technology co., Ltd. ("Xinyulei"), Sunwu Xiangrong Agricultural Materials Co., Ltd. (Xiangrong), and Anhui Fengnong Seed Co. Ltd. (Fengnong). For more information, visit http://www.cgagri.com. The Company routinely posts important information on its website.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the Company's business, products and financial results. The Company's actual results may differ materially from those anticipated in the forward-looking statements depending on a number of risk factors including, but not limited to, the following: general economic, business and environment conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology, the execution of its ten-year growth plan, a satisfactory conclusion of the pending securities class action litigation and various other factors beyond the Company's control. All forward-looking statements are expressly qualified in their entirety by this Safe Harbor Statement and the risk factors detailed in the Company's reports filed with the SEC. China Green Agriculture undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by applicable law or regulations.
For more information, please contact:
China Green Agriculture, Inc.
Ms. Ting Shi (English and Chinese)
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SOURCE China Green Agriculture, Inc.