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China Green Agriculture, Inc. Retains HC International, Inc. for Investor Relations

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XI'AN, China , March 25 /PRNewswire-Asia-FirstCall/ -- China Green Agriculture, Inc. (NYSE Amex: CGA; "China Green Agriculture" or "the Company"), a leading producer and distributor of humic acid ("HA") based liquid compound fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd., today announced it has retained HC International ("HCI") to manage and execute its investor relations program. Matthew Hayden, and the HCI team, will be advising the Company on all facets of public financial communications.

"The team at HC International is well-respected and has a track record of representing successfulChina-based, U.S.-listed companies," commented Mr. Tao Li, CEO of China Green Agriculture (CGA). "After careful review, we selected HC International to ensure that our shareholders and the investment community fully understand our current business model, competitive advantages, market opportunity and growth strategy; especially as we further expand our fertilizer product portfolio and increase our distribution channels, while bringing our new 40,000 ton production facility on-line this August," Mr. Li continued, "Supported by specific sector knowledge, we are confident HCI will help us to improve our overall communication capabilities, which includes delivering our story and subsequent milestones to a larger, targeted base of investors."

"China Green Agriculture is well positioned to capitalize on the market opportunities withinChina's fertilizer and agriculture industry. With a national distribution network, state-of-the-art research and development, automated production, and superior after-sales support, the Company has become a premier fertilizer producer inChina today," stated Matthew Hayden, President of HC International. "CGA's revenue and earnings grew respectively at an approximate 70% CAGR during the past three fiscal years while announcing an 86% growth in revenues for the second quarter ending December 31, 2008, compared to the year ago period.China is both the world's largest producer and consumer of fertilizer products and despite the global economic downturn and severe drought in northernChina, we feel the company will benefit from a series of recently announced initiatives by the PRC government, which includes a rural reform plan, deregulation on fertilizer prices, and an increase in the minimum purchase price for major grain crops. Moreover, high yielding and environmentally sustainable fertilizers will be crucial toChina's agricultural production due to shrinking arable land, ongoing consumer food safety concerns and growing population." Mr. Hayden continued, "CGA's automated production line not only ensures optimal quality standards, but also reduces associated production costs, thereby expanding margins and profitability. The Company utilizes its proprietary R&D facilities to internally develop all fertilizers, which are customized for specific climate and soil specifications, dramatically reducing the time to market to three months compared to an industry average of nine months. Supported by a vertically integrated platform that utilizes 500 distributors to sell its branded products to 27 provinces throughoutChina, CGA has several competitive advantages which create a business with superior operating metrics, as evidenced by gross and operating profit margins of 59% and 45%, respectively, for the second quarter ending December 31, 2008. By leveraging its new facility which will significantly expand its production capacity, CGA is well positioned to gain further market share inChina's fertilizer market," Mr. Hayden concluded.

HCI is a premierChina information resource to institutional investors, hedge funds, independent portfolio managers, buy and sell-side analysts, small to large retail brokerage firms, accredited individual investors, and various financial publications. HC will help China Green Agriculture extend and expand its investor awareness and shareholder communications program, which includes introductions to key industry participants in the US,Canada,Europe andAsia.

About China Green Agriculture, Inc.

China Green Agriculture, Inc. produces and distributes humic acid ("HA") based liquid compound fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd., ("TechTeam"). TechTeam produces and sells approximately 15,000 metric tons of over 100 different kinds of fertilizer products per year. All of TechTeam's fertilizer products are certified by the PRC government as green products and suitable for growing Grade AA "green" foods, also known as green products that contain little or no chemical materials, as stated by the China Green Food Research Center. TechTeam's fertilizers are highly concentrated liquids which require an application of approximately 120 ml per mu per application. Its average end user has approximately four mu of land (one mu = .165 acres).

China Green Agriculture currently markets its fertilizer products to private wholesalers and retailers of agricultural farm products in 27 provinces in the PRC. The leading five provinces by revenue for the three months ended December 31, 2008 areShaanxi (21.6%),Shandong (7.1%), Xinjiang (5.0%),Fujian (5.0%) andGuangdong (4.7%). For more information, visit http://www.cgagri.com .

About HC International, Inc.

HC International is a focused and dedicated organization that acts as a premier information resource for institutional investors, hedge funds, buy and sell-side analysts, small to large brokerage firms and accredited investors. HC International helps their clients companies package their corporate information in a clear, concise and consistent manner while facilitating introductions to the right investor at the most opportune time. HC International maintains offices in the U.S. andChina. For further information, please contact HC International directly, or visit the Company's Web site at http://www.hcinternational.net .

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.

    For more information, please contact:

    China Green Agriculture, Inc.
     Ms. Ying Yang, Chief Financial Officer
     Tel:   +1-626-623-2575
     Email: yangying@techteam.com.cn

    OR

    HC International, Inc.
     Ted Haberfield, Executive VP
     Tel:   +1-760-755-2716
     Email: thaberfield@hcinternational.net
     Web:   http://www.hcinternational.net

SOURCE China Green Agriculture, Inc.

Tags: ,AGR,ENV,CGA-Hires-HCI
 

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