CBF China Bio-Fertilizer AG
CBF China Bio‐Fertilizer AG appoints Mr. Chen Qingguo for Chief Financial Officer, publication of preliminary figures (full year 2011) in early April
CBF China Bio-Fertilizer AG / Key word(s): Change of Personnel PRESS RELEASE
CBF China Bio‐Fertilizer AG appoints Mr. Chen Qingguo for Chief Financial Officer, publication of preliminary figures (full year 2011) in early April
CBF's bio fertilizer primarily consist of two different bacteria that, when put in the ground with the conventional fertilizers convert phosphorus and potassium into a form that is easily absorbed by plants. Using this bio fertilizer reduces the need for chemical fertilizers by up to 30% and, depending on the type of plant, boosts crop yields by up to 30%.
Financial calendar 2012: About CBF China Bio-‐Fertilizer AG CBF China Bio-Fertilizer AG ('CBF') produces and distributes bio fertilizer through its operating subsidiary in China. Based on its own estimates, the company is the market leader in the Chinese market for bio fertilizer. Its products reduce the use of conventional fertilizers and simultaneously boost crop yields. CBF is licensed by the Ministry of Agriculture of the People's Republic of China. The operating subsidiary of CBF 'Shandong Chengwu Jiuzhou Science and Technology Development Company Limited' was founded in Shandong Province, China, in 2005, with a view to exploiting biotechnological processes for agriculture. After three years of development work, in May 2009 the company launched its first bio fertilizer product based on microorganisms in the Chinese market under the brand name 'Xin Sheng Li'. At present CBF distributes its bio fertilizer in eleven of 26 Chinese provinces. The company intends to expand to further provinces. CBF currently sells its fertilizer directly to major agricultural cooperatives, plantations and wholesalers in China.
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Language: | English | |
Company: | CBF China Bio-Fertilizer AG | |
Schopenstehl 22 | ||
20095 Hamburg | ||
Germany | ||
E-mail: | hwong@chinabiofertilizer.com | |
Internet: | www.chinabiofertilizer.com | |
ISIN: | DE000A0AFEV5 | |
WKN: | A0AFEV | |
Listed: | Entry Standard in Frankfurt | |
End of News | DGAP News-Service |
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