China Green Agriculture, Inc. Announces Results of the 2009 Annual Shareholders Meeting
15 Dicembre 2009 - 1:00PM
PR Newswire (US)
XI'AN, China, Dec. 15 /PRNewswire-Asia-FirstCall/ -- China Green
Agriculture, Inc. (NYSE: 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., announced
today the voting results of its Annual Meeting of the Company's
Shareholders that was held on December 11, 2009, at the New York
Stock Exchange, located at 11 Wall Street, New York, NY 10005. At
the meeting, Mr. Tao Li, Mr. Yu Hao, Mr. Lianfu Liu, Mr. Barry
Raeburn and Mr. Yizhao Zhang were re-elected to serve as members of
the Board of Directors until the 2010 Annual Meeting of
Stockholders and until their respective successors have been
elected and qualified. Shareholders also approved the adoption of
the 2009 Equity Incentive Plan of the Corporation. About China
Green Agriculture, Inc. China Green Agriculture, Inc. produces and
distributes humic acid ("HA") based compound fertilizer through its
wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product
Co., Ltd., ("Jinong"). Jinong produces and sells over 130 different
kinds of fertilizer products per year. All of Jinong's fertilizer
products are certified by the PRC government as green food
production materials, as stated by the China Green Food Research
Center. Jinong's liquid based 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). Jinong also has the capacity to produce
highly concentrated powdered fertilizers. China Green Agriculture
currently markets its fertilizer products to private wholesalers
and retailers of agricultural farm products in 21 provinces, 4
autonomous regions and 3 municipal cities in the PRC. The leading
five provinces which collectively accounted for 36.0% of the
Company's fertilizer revenue for the three months ended September
30, 2009 are Shandong (10.5%), Shaanxi (8.3%), Heilongjiang (6.4%),
Henan (5.6%) and Anhui (5.2%). 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. For more
information, please contact: In the US: China Green Agriculture,
Inc. Ms. Ying Yang, Chief Financial Officer Tel: +1-626-623-2575
Email: HC International, Inc. Ted Haberfield, Executive VP Tel:
+1-760-755-2716 Email: In China: China Green Agriculture, Inc. Mr.
Jonnie Wang, Secretary of Board, Investor Relations Officer Tel:
+86-29-8826-6368 Email: DATASOURCE: China Green Agriculture, Inc.
CONTACT: in the US, Ms. Ying Yang, Chief Financial Officer of China
Green Agriculture, Inc., +1-626-623-2575, ; or Ted Haberfield,
Executive VP of HC International, Inc., +1-760-755-2716, ; or in
China, Mr. Jonnie Wang, Secretary of Board, Investor Relations
Officer of China Green Agriculture, Inc., +86-29-8826-6368, Web
site: http://www.cgagri.com/
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