China Green Agriculture (CGA) Reports Q2 EPS of $0.16

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Go back to China Green Agriculture (CGA) Reports Q2 EPS of $0.16

China Green Agriculture (CGA) Unit Enters Agreement with Shiquan County Government

February 6, 2015 2:11 PM EST

China Green Agriculture (NYSE: CGA) announced that the Company's affiliate, 900LH.com Food Co., Ltd. ("900LH.com", previously announced as Xi'an Gem Grain Co., Ltd) has entered into an agreement to jointly build an "Agricultural Comprehensive Development Base Project" (the "Project") with the Shiquan County Government in China. The total investment on the Project is expected to be three billion RMB (about 480 million USD, with the initial investment of 50 million RMB (about 8 million USD) to be made in spring 2015.

900LH.com is a subsidiary of Xi'an Techteam Investment Holding (Group) Co., Ltd, ("Techteam... More