CAGC Corporate Information
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China Agritech, Inc. ("China Agritech", or the
"Company") is one of the leading developers, manufacturers, and
distributors of liquid organic compound fertilizer in the People’s
Republic of China ("PRC"). Through the use of a Reverse Merger, the
Company became listed on the U.S. Over-The Counter Bulletin Board (OTC.BB)
in February 2005 (CAGC.OB). China Agritech is uniquely positioned to
become one of the leading agricultural products companies in the PRC. The
continuing decrease in lack of available farmland in the PRC, along with
the projected increase in population in China, and the growth in green
foods around the world has caused an increase in the use of organic
compounds as fertilizers for safety, efficacy, and environmental
reasons.
China Agritech has created a plan for expansion that will
allow the Company to grow dramatically over the next several years. First,
the Company has, and will continue to, prove the safety and reliability of
its products. The historically highly fragmented nature of the Chinese
fertilizer industry has created a void in the reliability of fertilizer
products nationwide. This lack of consistency between products creates an
opportunity for management to position the company for growth by
collaborating with academic and governmental institutions in order to
attest to the quality of China Agritech’s current product offerings as
well as continue to develop new compounds to better meet the changing
needs of China’s agricultural community. Secondly, by accessing the public
markets in the United States, China Agritech will have the ability and
capital to launch an extensive advertising campaign to educate the farmers
on the benefits of its liquid organic compound products, and will be able
to either acquire or build facilities to meet the growth in demand. This
foundation for growth will allow the Company to expand its distributions
outside its traditional base in Northeast China and capture a larger
market share in areas that it already services.
In order to meet
the demand fueled by the factors listed above, the Company intends to
build or acquire 10 factories throughout China over the next three years.
The factories will be strategically located in order to serve all of the
agricultural areas in the PRC effectively. By opening additional
factories, the Company will be able to tailor its compounds to meet the
local needs of the farmers. China
In addition to domestic expansion, the Company currently has export agreements in various
stages of negotiation with distributors in Russia,central Asian Countries,and Malaysia that could also result in significant revenue growth in the
coming years.
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