Organic fertilizer company China Agritech, Inc. (OTCBB: CAGC), announced that it will continue its working relationship with investor relations consultant Grayling Global.
Graying Global will continue to “conceptualize and implement a comprehensive communications program to strategically raise the visibility of the company’s growth story and explain its financial performance to shareholders, potential investors and the financial media,” according to the press release.
“We are pleased to have Grayling Global to help us craft our financial profile and raise the awareness of our strong growth prospects and the robust agriculture market in China in times of global slowdown,” said Mr. Yu Chang, China Agritech CEO. “As we are becoming a truly national organic fertilizer firm in China and expanding into overseas markets, we believe Grayling Global, with its deep understanding and extensive experience with agriculture companies in China, is best suited to guide this investor relations process.”
Grayling Global is a subsidiary of Huntsworth plc, and headquartered in London with offices in New York, Birmingham (UK), Brussels, Cardiff (UK), Edinburgh (Scotland), Singapore, Bristol (UK), Dublin (Ireland) and Bangkok.
China Agritech has a national footprint in China, owning and operating manufacturing facilities and sales points in Harbin, Beijing, Anhui, Chongqing and Xinjiang. It also recently made its first sale overseas – to Egypt – shipping its flagship product, Green Vitality, a proprietary liquid organic compound fertilizer.
For the first six months of 2008 the company made $21 million in revenues and $4.1 million in net income.
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