Monday, May 12, 2008

China Organic Signs $4.3 Million Deal

"China Organic Agriculture, Inc. (OTCBB: CNOA), a growth-driven agricultural products company leading China's organic foods revolution, announced today that the Company, has entered into a three month sales agreement with Beijing Jingu Hengfa Trading Company, with a value equivalent to $4.3 million.

Beijing Jingu Hengfa is a well respected rice distributor in the Beijing
region. China Organic engages in the production and sale of mid to upscale organic and green rice. Jingu Hengfa will be selling organic rice supplied by China Organic which will be packed in cases of six vacuum bags, with each bag weighing up to six kilograms. Jingu Hengfa will sell 1,760 tons of rice valued at $4.3 million over a three month period."

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