DALLAS, April 8, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring China Organic Agriculture Inc. (OTCBB:CNOA). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/CNOA
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China Organic Agriculture Inc. (CNOA), through its subsidiaries, is engaged in the distribution of agricultural products in China, including green rice, organic rice, soybeans, ice wine and other agricultural products. The Company distributes its products mainly through large agricultural distributors, including Shen Zhen Shen Jin Da Agricultural By-product Trading Co. Ltd., Beijing Jingu Hengfa Trading Co. Ltd., Shanghai Liang You Group Co. Ltd., Jinyunda Industry Development Co. Ltd. and Guang Dong Guangliang Industry Co. Ltd. As of December 31, 2008, CNOA had seven subsidiaries.
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In the report, the analyst notes:
"CNOA recently announced that it has completed acquiring 60% of the stock of Changbai Eco-Beverage Co. Ltd. ("Changbai") for RMB70 million ($10.25 million). Located in the Liaoning Province in China, Changbai is mainly engaged in the research, production and sale of various natural products including blueberry drinks, blueberry health care products and bee products to meet the increasingly market demands in China for these goods.
"The Chinese economy's dramatic rise in the disposable income has increased the demand for "green foods" such as those provided by Changbai. Founded in May 2008, Changbai estimates that it achieved a net income of approximately RMB15 million in 2009. With the strong demand for its products, Changbai plans to expand its blueberry distribution on a national basis, thus increasing its market share in the Chinese blueberry segment, and its recognition as a quality producer of organically friendly products."
To read the entire report visit: http://www.stockpreacher.com/n/CNOA
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