SOURCE: China Agri-Business

November 29, 2007 09:51 ET

China Agri-Business Expands Organic Product Line With the Introduction of Three New Applications at Leading Agriculture Trade Show

Launch Generates Orders in Excess of $1.3 Million

NEW YORK, NY--(Marketwire - November 29, 2007) - China Agri-Business, Inc. (OTCBB: CHBU) today announced the successful introduction of three new organic ("green") products at the 23rd annual "China Agriculture Fertilizer and Machine Trade Show" held in Ningbo, China. The two-day show, which featured approximately 4,000 enterprises and was attended by 150,000 people, resulted in orders to the Company in excess of 10 million RMB (approximately $1.3 million) for 2008.

The three new products being added to China Agri's existing 51-product organic biochemical agricultural application product line are described below.

--  Xinsheng Huang-jin-gai: Designed to facilitate the absorption of
    calcium by, and to improve the quality of, crops.  Its primary ingredient
    is amino acid calcium.
--  Xinsheng Jia-tian-xia: An organic potassium fertilizer designed to
    help farmers to improve the quality and increase crop production.
--  Xinsheng Bai-le: Designed to provide supplementary micro-nutrients to
    crops and to help crops grow with a balanced nutrition.

Unlike many of the Company's current products, each of these new products can be used on a broad range of crops and can be used extensively throughout China.

Following the announcement of the new product introduction, Liping Deng, President and CEO of China Agri-Business, stated, "We are quite pleased with the positive response to these products. We are continually working to increase the depth of our product line, both through internal development and acquisition, in our efforts to establish the Company as a leader in China's growing organic agricultural application sector."

China Agri-Business completed its Initial Public Offering on October 17, 2007.


China Agri-Business, Inc., through its subsidiary, Shaanxi Xin Sheng Centennial Agriculture and Technology Co., Ltd., is an emergent developer, PRC-approved manufacturer, and marketer of organic biochemical agricultural application products in China. Categorized into two primary product groups, China Agri-Business products include organic fungicides (Xinsheng Luyuan) and bactericides (Xinsheng Lufeng).

Within these categories China Agri-Business produces more than 50 different proprietary applications. Products in these lines function as a botanical growth and vitality stimulant, as a soil conditioner and as a plant nutrient supplement. They prevent and cure plant diseases and eliminate parasites and can be applied to a wide variety of food and non-food crops, including potatoes, vegetables, cotton and fruit plants and trees orchards. They are used either alone or to supplement traditional fertilizer products. The Company owns and manages its own manufacturing facilities and has an established distribution network, serviced by 50 dedicated sales professionals. Products are primarily sold through distributors in 14 provinces throughout China.

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to sustain our previous levels of profitability including on account of our ability to manage growth, intense competition, wage increases in China, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, our ability to successfully complete and integrate potential acquisitions, withdrawal of governmental fiscal incentives, political instability and regional conflicts and legal restrictions on raising capital or acquiring companies outside China. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our SB-2 dated July 12, 2007, and Quarterly Report on Form 10-Q for the quarter ended June 30, 2007, and our other recent filings. These filings are available at We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by or on our behalf.

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