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China Organic Agriculture Releases In-Depth Audio Interview

  //house-home.news-articles.net/content/2008/11/2 .. riculture-releases-in-depth-audio-interview.html
  Published in House and Home on Friday, November 28th 2008 at 11:06 GMT by Market Wire

LOS ANGELES & LIAONING, China--([ BUSINESS WIRE ])--China Organic Agriculture, Inc. (OTCBB: CNOA), an international diversified premium food products company capitalizing on China's burgeoning domestic consumer demand, today released an audio interview with Steve Wan US Vice President for China Organic Agriculture.

Bob Beaty, Executive Vice President of China America Financial Communications Group, conducted the wide-ranging interview with Mr. Wan.

Topics discussed included China Organic's recently released guidance, which forecasts revenues for full year 2008 at $113 million versus $44 million for 2007. Earnings per share for FY 2008 are projected at $0.29.

"For fiscal year 2008, I think we will be able to reach that target," said Mr. Wan, "based on the new subsidiaries and their performances."

The interview also discusses the sale of the ErMaPao division as well as the recent acquisition of Dalian Huiming, a major agricultural trading company that posted FY 2007 revenues of $40.2 million and net income of $2.7 million.

Mr. Wan also speaks to the transformation of China Organic from an agricultural company to a purveyor of high end products, such as California wine and natural foods specifically targeted at the rapidly growing and affluent middle class in China and throughout Asia.

The interview is available on China Organic Agriculture's website:

[ http://www.chinaorganicagriculture.com/investors.html ]

About China Organic Agriculture

China Organic Agriculture is a high growth international food products company capitalizing on China's burgeoning domestic demand for premium products due to an expanding class of consumers with the ability to acquire premium food products.

The Company has developed an extensive distribution network throughout China including Beijing, Shanghai and Nanjing. The Company is positioned to leverage this network to increase market penetration with broad distribution of agricultural, food and related premium products. The Company has experienced significant growth since its inception in 2002 and continues to implement a number of strategic initiatives to further expand revenues and earnings. For more information, please visit: [ www.chinaorganicagriculture.com ] .

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning future acquisitions, estimates of, and increases in, production, cash flows and values, statements relating to the continued advancement of China Organic Agriculture's products and other statements which are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," and similar expressions denote forward-looking statements. Although China Organic Agriculture Inc. believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include, but are not limited to, those set forth in our reports filed with the Securities and Exchange Commission, together with the risks discussed in our press releases and other communications to shareholders issued by us from time to time, such as our ability to raise capital as and when required, the availability of raw products and other supplies, competition, the costs of goods, government regulations, and political and economic factors in the People's Republic of China in which our subsidiaries operate.