ONTARIO, CA, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Kiwa Bio-Tech Products Group Corp. (OTCQB: KWBT) (“Kiwa Bio-Tech” or the “Company”), a leading agricultural biotechnology company that develops and manufactures microbial fertilizers for use in the multi-billion food industry is pleased to announce the Company was designated as the Vice-Chairman for the China Association of Enterprises with Foreign Investment (“CAEFI”).
Members of the CAEFI include Coca-Cola, Walmart, Apple, Unilever, and many other of the world’s most successful companies.
CAEFI provides services and guidance to its members and other investors to enhance mutual understanding, friendship and cooperation between its members and with the Chinese government, and to facilitate its members in playing a positive role in local economic development and international economic cooperation.
Kiwa Bio-Tech’s CEO, Ms. Yvonne Wang, states, “It is such an honor and pleasure to be the Vice-Chairman of the CAEFI. The association provides policy support and opportunities for Kiwa Bio-Tech to communicate with the other enterprises involved in the Chinese market. Member companies have cooperated with local universities and foundations to sponsor a series of public welfare programs. Kiwa Bio-Tech will also embrace the mission of the CAEFI with respect to corporate social responsibility.”
In April 2017, Walmart established a cooperative relation with the China Women Development Foundation and donated 10,500,000 RMB (approximately $1,500,000 USD) to support the development of the She Entrepreneurship Program. In 2016, Apple donated Apple Mac Lab to Central South University to promote the e-Education balance between Eastern and Western China.
“Kiwa Bio-Tech is focused on soil restoration in China. The Company has initiated a Long March Eco-friendly Soil Program and our eco-friendly fertilizers and smart-soil technology have contributed to reduction of soil pollution throughout China. We hope this focus will draw attention to the Fortune 500 companies in CAEFI to cooperate with Kiwa Bio-Tech to provide support to ecological agriculture and soil protection programs,” added Ms. Wang.
About of China Association of Enterprises with Foreign Investment
Founded in November 1987, the China Association of Enterprises with Foreign Investment (CAEFI), a nationwide non-profit social entity under the Ministry of Commerce, is mainly composed of companies in the territory of China with foreign investment or investment from Hong Kong, Macao, Taiwan and overseas compatriots.
About Kiwa Bio-Tech Products Group Corp.
Leader in Eco-friendly Agricultural Industry Chain
Kiwa Bio-Tech Products Group Corp. (KWBT) is a publicly traded company with corporate headquarters in the United States. The company develops, manufacture, markets and distributes innovative and environmentally safe bio-technological products for agriculture. Kiwa’s focus is to positively impact the environment by reducing the amount of chemicals that are being used by agricultural growers in China.
Kiwa Bio-Tech Products Group corp. products are covered by patent protection and are designed to enhance the quality of human life by increasing the value and productivity of agricultural crops.
For more information on Kiwa Bio-Tech Products Group Corp. or its bio-fertilizer products and smart soil remediation technology, please refer to the Company’s website at www.kiwabiotech.com or the Company filings with the United States Securities and Exchange Commission at www.sec.gov.
Forward-Looking Statements
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 Company’s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. 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, the foreign exchange risk amid the unexpected announcements by the PRC government and various other factors beyond the Company’s control. Kiwa Bio-Tech Products Group Corp. specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release