China Green Agriculture launched one new fertilizer product and added 13 new distributors

Date:04-21-2015

China Green Agriculture, Inc. (CGA), which produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its operating subsidiaries in China, i.e.: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. ("Jinong") and Beijing Gufeng Chemical Products Co., Ltd. ("Gufeng"), recently announced that it launched one new fertilizer product and added 13 new distributors in its third fiscal quarter ended March 31, 2015.

During the quarter, Jinong has launched one new fertilizer product, and currently has 121 fertilizer products in use. Jinong also added six new distributors during the same quarter, and now has a total of 978 distributors.

Gufeng currently has 332 fertilizer products in use. During the quarter, Gufeng added seven new distributors during the same quarter, and now has a total of 278 distributors.

"We are now offering 453 fertilizer products via a network of 1,256 distributors nationwide. I am very pleased with our R&D capacity and new business development capacity. They constituted the main drivers of Company's growth," said Mr. Tao Li, Chairman and CEO of the Company, "We look forward to further expanding our distribution footprint with more product choices for clients in the future."