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CBF China Bio-Fertilizer AG : Local Court in Hamburg appoints new members of the Supervisory Board
DGAP-News: CBF China Bio-Fertilizer AG / Key word(s): Change of
Personnel
CBF China Bio-Fertilizer AG : Local Court in Hamburg appoints new
members of the Supervisory Board
11.03.2013 / 15:23
Corporate News
CBF China Bio‐Fertilizer AG: Local Court in Hamburg appoints new members of
the Supervisory Board
Hamburg, Germany, March 11, 2013 - By order of 27 February 2013, the Local
Court in Hamburg appointed new members of the Supervisory Board of CBF
China Bio-Fertilizer AG (CBF AG). As applied for by the Management Board of
CBF AG Ms. Xiaohong YU and Mr. Hu TIAN are now new members of the
Supervisory Board.
Ms. Xiaohong YU is currently a partner at the Zhongrui accounting firm in
Hebei province. Mr. Hu TIAN has the position of the vice-chairman of the
Industry Federation of Hebei province. The original members of the
Supervisory Board Ms. Ying Li HONG and Mr. Ching Ho TAM resigned from their
position because of their increased obligations in other business
engagements with effect from 17 February 2013, respectively 1 February
2013. Additional member of the Supervisory board comprised of three persons
is its Chairman Mr. Phillip Moffat.
Bacteria-based biological fertilizer
CBF´s bio fertilizer primarily consist of two different bacteria that, when
put in the ground with the conventional fertilizers convert phosphorus and
potassium into a form that is easily absorbed by plants. Using this bio
fertilizer reduces the need for chemical fertilizers by up to 30% and,
depending on the type of plant, boosts crop yields by up to 30%.
Financial calendar 2013:
Publication of preliminary figures 2012: April, 2013
Publication of Q1 figures: May, 2013
Publication of the annual report: May, 2013
Annual General Meeting: August, 2013
Publication of Q3 figures: October, 2013
About CBF China Bio-‐Fertilizer AG
CBF China Bio-Fertilizer AG (´CBF´) produces and distributes bio fertilizer
through its operating subsidiary in China. Based on its own estimates, the
company is the market leader in the Chinese market for bio fertilizer. Its
products reduce the use of conventional fertilizers and simultaneously
boost crop yields. CBF is licensed by the Ministry of Agriculture of the
People´s Republic of China.
The operating subsidiary of CBF ´Shandong Chengwu Jiuzhou Science and
Technology Development Company Limited´ was founded in Shandong Province,
China, in 2005, with a view to exploiting biotechnological processes for
agriculture. After three years of development work, in May 2009 the company
launched its first bio fertilizer product based on microorganisms in the
Chinese market under the brand name ´Xin Sheng Li´. At present CBF
distributes its bio fertilizer in eleven of 26 Chinese provinces. The
company intends to expand to further provinces. CBF currently sells its
fertilizer directly to major agricultural cooperatives, plantations and
wholesalers in China.
For more information, please contact:
UBJ. GmbH
Tel.: +49 (0)40 6378 5410
E-Mail: ir@ubj.de
or go to www.chinabiofertilizer.com
End of Corporate News
11.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: CBF China Bio-Fertilizer AG
Schopenstehl 22
20095 Hamburg
Germany
E-mail: hwong@chinabiofertilizer.com
Internet: www.chinabiofertilizer.com
ISIN: DE000A0AFEV5
WKN: A0AFEV
Listed: Frankfurt in Open Market (Entry Standard)
End of News DGAP News-Service
203534 11.03.2013
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