Company Overview
China Organic Agriculture, Inc. (OTC-BB: CNOA) is a global diversified food products company engaged in the international distribution and production of premium and natural foods. Serving the marketplace demands of the fast-growing upscale consumer population throughout the Asia-Pacific, the company targets multi-billion dollar expanding markets through its established distribution networks.
Investment Highlights
- Organic and Green Rice. China Organic Agriculture's flagship product is organic and green rice, which is being sold through the company's fast growing Ankang subsidiary.
- Wine Distribution. The purchase of the Bellisimo Vineyard and the formation of the Far East Wine Holding Group enables the cmopany to import Sanoma and Napa Valley wine directly to Chinese and Asian customers who hold these products in high regard.
- Expanding Consumer Class. Demographics in China, as well as other emerging economies in Asia, show a rapidly growing affluent population that is becoming increasingly health conscious in a region consisting of a quarter of the world's population and the largest middle class.
- Wine Consumption. In 2007, the import of wine into China totaled approximately 54 million bottles, while total wine consumption in China is expected to increase 65% between 2001 and 2010, which is six times faster than the global average.
- Price Support. Despite reassuring supply number in 2008, sevearl governmental export restrictions combined with the rapidly growing emerging market economies will likely keep prices for rice and other agricultural products high for the foreseeable future.
Recent Developments
- November 2009 - China Organic Agriculture reported third quarter financial results in which it saw a modest drop in its revenues and gross profits as well as a drop in net income. However, the company expanded its asset base and saw a greater reduction in cash burn from operations.
Investor Relations Contact
Investors interested in learning more should complete the form at the top-right of this page, and may also contact the company's investor relations at the location below:
Darren Minton
China America Financial
Communications Group
Phone: 212-823-0523
Email: chinaorganic [at] cafcg [dot] com