China Agritech, Inc. Announces New Cost Control Program

BEIJING, April 7 /PRNewswire-Asia-FirstCall/ -- China Agritech, Inc.
(OTC Bulletin Board: CAGC) ("China Agritech", or the "Company"), a leading
national organic compound fertilizer manufacturer and distributor in China,
today announced that as part of a new cost control plan, the Company is
implementing a salary program for its senior management team which will reduce
the cash compensation of their base salary levels for the 2009 year. The
Company will consider a performance-based option plan to further incentivize
the management team to focus on producing greater business and financial
results.
As a part of the cost control measures, the Company is also reducing the
standard of senior management's travel expenses, in particular of business
class travel and lodging.
Mr. Yu Chang, Chairman and Chief Executive Officer of China Agritech,
commented, "Our new program aims to control our expenses, improve business
efficiency, and provide greater financial flexibility. We, senior management,
will start the changes with ourselves and look forward to setting a role model
for all of our employees to concentrate on building a stronger corporate
culture and long-term sustainable shareholder value. Salesmen are not affected
by the salary reduction and no layoffs are planned for 2009."
About China Agritech, Inc.
China Agritech, Inc. is engaged in the development, manufacturing and
distribution of liquid and granular organic compound fertilizers and related
products in China. The Company has developed proprietary formulas that provide
a continuous supply of high-quality agricultural products while maintaining
soil fertility. The Company sells its products to farmers located in 26
provinces of China.
For more information about the Company, please visit
http://www.chinaagritechinc.com .
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the
business of China Agritech and its subsidiary companies, which can be
identified by the use of forward-looking terminology such as "believes",
"expects" or similar expressions regarding statements, including, but not
limited to, the continued demand for China Agritech's products, China
Agritech's ability to sustain growth for the balance of the year and China
Agritech's ability to generally meet all of its objectives. Such
forward-looking statements involve known and unknown risks and uncertainties,
including all business uncertainties relating to product development,
marketing, concentration in a single customer, raw material costs, market
acceptance, future capital requirements, and competition in general and other
factors that may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected. Certain of
these risks and uncertainties are or will be described in greater detail in
our filings with the SEC. Except as required by law, China Agritech is under
no obligation to (and expressly disclaims any such obligation to) update or
alter its forward-looking statements whether as a result of new information,
future events or otherwise.
For more information, please contact:

In China:
Mr. Kelviz Lim Kok Siak
Investor Relations
China Agritech, Inc.
Tel: +86-10-5962-1220
Email: kelviz@chinaagritech.com

In the U.S.:
Mr. Kevin Theiss / Mr. Valentine Ding
Investor Relations
Grayling
Tel: +1-646-284-9409
Email: ktheiss@hfgcg.com
vding@hfgcg.com

SOURCE China Agritech, Inc.

In China: Mr. Kelviz Lim Kok Siak, Investor Relations, China Agritech, Inc.,
+86-10-5962-1220, kelviz@chinaagritech.com; or In the U.S.: Mr. Kevin Theiss,
ktheiss@hfgcg.com - Mr. Valentine Ding, vding@hfgcg.com, both Investor
Relations, Grayling, +1-646-284-9409, China Agritech, Inc.