Profile: China Green Agriculture Inc (CGA.N)
9 Dec 2013
China Green Agriculture, Inc. (Green Nevada), China Green Agriculture, Inc. (Green Nevada) is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People’s Republic of China though its wholly owned Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (Jinong), Xi’an Jintai Agriculture Technology Development Company (Jintai), Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd. (Yuxing), Beijing Gufeng Chemical Products Co., Ltd. (Gufeng) and Beijing Tianjuyuan Fertilizer Co., Ltd. (Tianjuyuan). The Company has four segments: fertilizer products (Jinong), fertilizer products (Gufeng and Tianjuyuan), agricultural products (Jintai) and research and development (Yuxing). Through Jintai, it develops and produces agricultural products, such as fruits, vegetables, flowers and colored seedlings. On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. Its primary business is fertilizer products, specifically humic acid-based compound fertilizer produced through Jinong and compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced through Gufeng. The Company’s products include its fertilizers, which consist of liquid, granular and powdered fertilizersincorp.
The pure humic acid used in the Company’s fertilizers is distilled and extracted from weathered coal by way of alkaline digestion and acid recrystallization. Its Jinong fertilizers are dark brown to black in color, and used as a foliar fertilizer (a liquid, water soluble fertilizer applied to a plant’s foliage by a spray so that the plant can absorb the nutrients through its leaves), or sprayed directly on soil or injected into the irrigation systems. Through Jinong, the Company, as of June 30, 2011, had a multi-tiered product line of 454 fertilizer products, covering humic acid-based compound fertilizer , and compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer.
Gufeng and Tianjuyuan produce compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, highly-concentrated water-soluble fertilizers and mixed organic-inorganic compound fertilizer. Gufeng sells its products under four brands, namely KEBA, Mei Er An, Huang Cheng Gen and SPR HOP. Tianjuyuan’s products are marketed under the brands AGR GFJ and T.J.Y. As of June 30, 2011, Gufeng and Tianjuyuan manufactured a total of 311 fertilizer products. The product categories include Compound fertilizer, composed of various elements, such as urea, ammonium chloride, ammonium sulfate, potassium chloride and potassium sulfate. It is for common crops. Organic/inorganic compound fertilizer composed of, such elements as urea, ammonium phosphate, potassium chloride, potassium sulfate and humic acid. It applies to vegetable and economic crops. Blended fertilizer with the ingredients of urea and potassium chloride. It suits to maize in the northeast region. Slow-release fertilizer with the main ingredients of urea and resin. It applies to maize and other crops. Water-soluble fertilizers with humic acid composed of, such elements as urea, potassium chloride, potassium sulfate and humic acid. It suits to fruit trees and vegetable.
The Company’s subsidiaries Jintai and Yuxing produces grade fruits, vegetables, flowers and colored seedlings for commercial sale. Jintai and Yuxing produces top-grade flowers, including faber cymbidium and phalaenopsis. These two types of flowers are distributed to the middle and high-end consumers in Shaanxi Province and its adjacent areas. Their seedlings are distributed across the country, primarily to the southern regions of China. They produce green vegetables and fruits, including, Holland cucumbers, sweet and colored pimientos, eggplant and Japanese watermelons, which are distributed to middle and high-end consumers in Shaanxi Province, primarily in Xi’an. It product also include multicolored seedlings, including, photinia serrulata (Chinese Photinia), which is distributed to customers across China.
The Company competes with Yuntianhua Group Co., Ltd. (Yuntianhua), Sanyi Agriculture Technology Co., Ltd., Zhejiang Senhe Company and Chang’an Jiahe Seedling Co., Ltd.
China Green Agriculture Inc
Suite 245, 300 Walnut Street
DES MOINES IA 50309