China Green Agriculture, Inc. (CGA) (“China Green Agriculture” or “the Company”), a leading producer and distributor of humic acid (“HA”) based compound fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd., today announced that Mr. Tao Li, the Company’s Chairman and Chief Executive Officer, will ring the Opening Bell at the New York Stock Exchange (“NYSE”) at 9:30 a.m. EDT on April 12, 2010.
“It is an honor to celebrate China Green Agriculture’s continuing success by participating in the NYSE Opening Bell ceremony,” stated Mr. Li. “On behalf of all of our shareholders, employees and customers, I look forward to this opportunity to commemorate our recent listing on the NYSE, our strong financial performance and operating outlook, and our progress on being one of the leading fertilizer producers and distributors in China.”
China Green Agriculture began trading its stock on the NYSE on December 7, 2009.
About China Green Agriculture, Inc.
China Green Agriculture, Inc. currently offers 141 different HA-based compound fertilizers, which are distributed via 540 individual distributors covering 21 provinces, 4 autonomous regions and 3 municipal cities in China. Its fertilizer products are certified by the Chinese government as “Green Food Production Materials.” The leading five provinces which collectively accounted for 34.7% of the Company’s fertilizer revenue for the three months ended December 31, 2009 are Shaanxi (9.1%), Shandong (6.8%), Guangdong (6.7%), Heilongjiang (6.2%) and Hebei (5.9%). For more information, visit http://www.cgagri.com .
Safe Harbor Statement
This press release contains forward-looking statements 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 and business conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology, and various other factors beyond the Company’s control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risk factors detailed in the Company’s reports filed with the Securities and Exchange Commission. 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.
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