MIAMI, June 25, 2004 (PRIMEZONE) -- Based in City of Industry, California, with manufacturing centers in mainland China, KIWA Bio-Tech Products Group Corporation (OTCBB:KWBT) is a public company that develops, manufactures and distributes innovative, cost-effective, and environmentally-safe biotechnology products to agricultural markets. It has been listed as a key innovative technology project by the Department of Commerce of China, received a $1.06 million subsidized loan from local government in Shandong and is in the process of obtaining a $1.8 million credit line from the Central Government of China.
The company is a pioneer in commercialization of biotechnology, having a manufacturing base in Shandong Province, China and plans to distribute bio-tech products worldwide.
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