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CHINA ORGANIC AGRICULTURE OVERVIEW
China Organic Agriculture is a comprised of three main business segments: Ankang Agriculture, Dalian Huiming and Bellisimo Vineyard.
ANKANG AGRICULTURE
China Organic Agriculture’s fast growing Ankang subsidiary is primarily responsible for distributing a variety of premium, natural agricultural products. These products include China Organic’s flagship products of organic and green rice, which has been sold since its inception, as well as new product lines including soybeans, kidney beans and mushrooms. Some of these new products will be distributed under the Company’s recently acquired organic “Xiaoxinganling” brand name, popular in the northeast provinces of China.
Strong sales from Ankang, which was a newly established subsidiary at the beginning of the year, are expected to represent a majority of China Organics revenue for the third quarter of 2008.
DALIAN HUIMING
Dalian Huiming, 60% owned by CNOA, is a major agricultural trading company with broad distribution and product lines providing many revenue-building opportunities. Dalian Huiming focuses on soybeans, corn, and cereal crops, which are all major agricultural products in China’s northeast expanding the diversity of the products CNOA offers. Sales to consumers are made in regions including the provinces of Liaoning, Jilin, Heilongjiang, Sichuan, Fujian, and the cities of Beijing and Shanghai.
Based on net earnings, Dalian Huiming is one of the top-tier agricultural trading companies in the Northeast provinces of China. For fiscal year 2007, revenue was $40.2 million and net income was $2.7 million, a fourfold increase from the comparable period in 2006.
BELLISIMO VINEYARD
Bellisimo Vineyard produces Chardonnay, Merlot, and Cabernet Sauvignon wine grapes and is located in Sonoma County, California. China Organic intends to market wines in China under its own label, and to distribute other successful California-based wine brands through the Far East Wine Holding Group subsidiary.
The Far East Wine Holding Group creates the foundation CNOA to import Sonoma and Napa Valley wine directly to Chinese and Asian consumers who hold these products in high regard.

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Cautionary Statement
Any statements in this summary about CNOA's expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the "Act"). These statements are often, but not always, made through the use of words or phrases such as "believe", "will", "expect", "anticipate", "estimate", "intend", "plan", "forecast", "could", and "would". CNOA bases these forward-looking statements on current expectations about future events. They involve known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by any forward-looking statement. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or projections in the forward-looking statement include, but are not limited to, the risk that we might not achieve our anticipated development milestones, the market for our products will not grow as expected, and the risk that our products will not achieve expectations. For additional information about risks and uncertainties CNOA faces, see documents CNOA files with the SEC. CNOA claims the protection of the safe harbor for forward-looking statements under the Act and each assume no obligation and expressly disclaim any duty to update any forward-looking statement to reflect events or circumstances after the date of this news release or to reflect the occurrence of subsequent events. |
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