About Kiwa Bio-Tech Products Group
Kiwa Bio-Tech Products Group Corporation, through its subsidiaries, develops, manufactures, distributes, and markets bio-technological products for agriculture. Products The company has developed three bio-fertilizer products with bacillus species (bacillus spp) and/or photosynthetic bacteria as core ingredients. For the year ended December 31, 2019, the company generated revenues from its four bio-fertilizer products, including biological organic fertilizer, compound microbial fertilizer, bio-water soluble fertilizer, and microbial inoculum fertilizer. Some of the company’s products contain ingredients of both photosynthesis and bacillus bacteria. Bacillus spp is a species of bacteria that interacts with plants and promotes biological processes. Biological fertilizer provides living microorganisms and micronutrition to soil and improve plants absorptivity of main growth ingredients. Proper use could prevent soil-borne, crops disease, improve soil fertility, alleviate agricultural pollution and degrade heavy metal in farmland soil. Compound microbial fertilizer is adding appropriate amount of nitrogen, phosphorus, potassium and other nutrients into Biological Organic Fertilizer. Through the action of organic matter and beneficial microorganisms, the utilization rate of nitrogen, phosphorus, potassium could be improved. The Bio-water soluble fertilizer is primarily another form of the biological fertilizer that the company introduced in 2018. It is in the form of powder, which has high water solubility, and it is convenient for farmers to use during the drop irrigation. Microbial inoculum fertilizer is a biological soil conditioner that is made of compound high-silicon, calcium, and mineral raw materials, on the basis of dissolving-phosphorus, dissolving-potassium, and disease-resistant microbial agents. It could improve the micro-ecological environment in the soil, transform and reduce heavy metal toxicity, release the plant growth stimulants, promote crop growth, and improve the stress resistance. Compound microbial fertilizer, bio-water soluble fertilizer, and microbial inoculum fertilizer contain microorganism and have a higher effectiveness on the productivity of crops than biological organic fertilizer. Customers For the year ended December 31, 2019, three customers accounted for 46%, 31%, and 23% of the company’s sales, which included Qingdao Lanhai Hanrui Biotechnology Co., Ltd.; Yangling Shaotao Agricultural Service Co., Ltd.; and Mingke Biotechnology Development (Shenzhen) Co., Ltd. Suppliers For the year ended December 31, 2019, one supplier, Shandong Ronghua Bio-Tech Co., Ltd., accounted for 94% of the company’s total purchases. Intellectual Property In 2011, the State Intellectual Property Office of the PRC granted the company two Certificates of Patent of Invention for ‘A cucumber dedicated composite anti-continuous cropping effect probiotics and their specific strains with related application’ with patent number of ‘ZL 2008 1 0144492.6’; and ‘Cotton dedicated composite anti-continuous cropping effect probiotics and their special strains with related application’ with patent number of ‘ZL 2008 1 0144491.1’. These two patents have been developed by Kiwa-CAU R&D Center. These two patents would expire on August 5, 2028. These two patents could be used to develop specific environment-friendly bio-fertilizer. The company has obtained three fertilizer registration certificates from the Chinese government - two covering its bacillus bacteria fertilizer and one covering its photosynthetic bacteria fertilizer. The five registration certificates are Biological Organic Fertilizer Registration Certificate issued by the PRC Ministry of Agriculture; Compound Microbial Fertilizer Registration Certificate issued by the PRC Ministry of Agriculture; and Compound Microbial Water Soluble Fertilizer Registration Certificate issued by the PRC Ministry of Agriculture. Protected by these three fertilizer registration certificates and five trademarks under the names of ‘KANGTAN’ (Chinese translation name for Kiwa), ‘ZHIGUANGYOU’, ‘PUGUANGFU’, ‘JINWA’ and ‘KANGGUAN’, the company has developed three series of bio-fertilizer products with bacillus spp and/or photosynthetic bacteria as core ingredients. Valid period of fertilizer registration certificates is five years and might be extended for another five years upon application from the owner of fertilizer registration certificates. The company has determined to re-apply the Fertilizer Registration Certificate issued by the PRC Ministry of Agriculture. Competition The company’s major competitors include China Green Agriculture, Inc.; Genliduo Biotechnology Ltd.; Shenzhen Baitan Ecotypic Engineering Co. Ltd.; Hunan Taigu Biotechnology Co. Ltd.; and Shanxi A.K. Quantum Agricultural Technology Corporation. History Kiwa Bio-Tech Products Group Corporation was founded in 2002.