Monday, June 16, 2008

China Organic Agriculture to Capitalize On Wine

"LOS ANGELES and JILIN, China - (Business Wire) China Organic Agriculture, Inc. (OTCBB: CNOA), a growth-driven agriculture products company leading China's organic food revolution, has announced the incorporation of the Far East Wine Holding Group Limited, effective June 10, 2008. The formation of this subsidiary represents a major component of the Company's recently launched strategic plan to capitalize on the fast-growing demand for premium California wines in China.

The formation of the Far East Wine Holding Group follows China Organic Agriculture's acquisition on February 29 of the Bellisimo Vineyard property, which provides Chardonnay, Merlot, and Cabernet Sauvignon wine grapes, 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."


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