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Prosperous Agriculture and ZhongNongTianShun Ecological Industry Co., Ltd. Jointly Build an Agricultural Resources Sales and Production Alliance


News provided by

Uni Core Holdings Corporation

Feb 08, 2010, 10:00 ET

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SHENZHEN, China, Feb. 8 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), an experienced "company doctor" and aggressive "incubator" of mid- to large-size companies in China, is pleased to announce that Shaanxi Prosperous Agriculture Limited Company ("Prosperous Agriculture"), an enterprise being incubated by UCHC, has reached a partnership with Henan ZhongNongTianShun Ecological Industry Co., Ltd. ("ZhongNongTianShun Ecological Industry Co., Ltd.") to form an integrated production and sales alliance.

The principle of the alliance is to integrate production and sales by combining the research and production capabilities, integrating resources and working together with vendors, in order to jointly create a new win-win PS model of agricultural operation. This model will combine production with sales functions; that is, ZhongNongTianShun Ecological Industry Co., Ltd. will be mainly responsible for areas such as product development, production, logistics, etc. and need not be involved in issues relating to the markets; whereas Prosperous Agriculture will introduce the products of ZhongNongTianShun Ecological Industry Co., Ltd. through its national sales and distribution platform and will be responsible for the sales planning and operation, management and marketing covering all of China. The innovative cooperation model between Prosperous Agriculture and ZhongNongTianShun Ecological Industry Co., Ltd. effectively integrates and leverages the resources and professional advantages of both parties to achieve a mutually beneficial situation, more importantly; it also provides more convenient, reliable, and more cost-effective agricultural products to the Chinese farmers.

Furthermore, this cooperation realises the value of Prosperous Agriculture's channel network. Prosperous Agriculture currently is having discussion and negotiation with Shandong Luxi Chemical Co., Ltd. (a China-listed company), Shandong Kingenta Ecological Engineering Co., Ltd. (a Deutsche National Bank investment project), and Hubei Ezhong Chemical Industry Co., Ltd. (China Chemical Top 500) on matters relating to their product entrance into the Prosperous Agriculture network.

Prosperous Agriculture is the first large-scale nation-wide agricultural resources circulation company, uniting with the nation's best distributors and well-known Chinese venture capital institutions, integrating the scattered Chinese agricultural distribution channels and resources to form a unique entity combining intelligence, capital, and network. Prosperous Agriculture sells its OEM agricultural resources and currently owns three agricultural resources brands, covering three major series of fertilizer products, including the "XiDuoFeng" biological fertilizer series, "XiDuoFeng" compound fertilizer series, and "Urea-Extra" long-lasting nitrogenous fertilizer series; there are currently more than 200 agricultural resources distributors and more than 20,000 points of sales in the country selling the products of Prosperous Agriculture, the plan is to build the largest agricultural resources chain sales and distribution platform in China in the next few years.

Henan ZhongNongTianShun Ecological Industry Co., Ltd. is currently the first microbial fertilizer manufacturer in China with its technology mainly relying on the Chinese Academy of Agricultural Sciences to engage in eco-industry and agricultural waste research, development and production of a series of bio-organic fertilizers and compound microbial fertilizers; its performance in these areas has been very impressive. ZhongNongTianShun Ecological Industry Co., Ltd. currently has an annual production capacity of 450,000 tons of compound microbial fertilizer; its production bases are located in Jiaozuo of Henan, Huozhou of Shanxi and Pingba of Guizhou areas, it has also built in Jiaozuo a strategic logistics center which can handle an annual throughput of 150,000 tons of agricultural resources.

About Uni Core Holdings Corporation

Uni Core Holdings Corporation (stock symbol: UCHC) was founded in the USA in September 1998 under the name of Intermost Corporation, and it was the first Chinese Internet company listed on the US OTC Bulletin Board in December 1998. The Company changed its name to Uni Core Holdings Corporation on January 29, 2010 and evolved a new business strategy, acting as a 'company doctor' and 'incubator' of mid- to large-size companies that have good potential and profitable products on the market, focusing on those in need of help from experts who can help them grow by assisting them in obtaining public or private financing in China, or services including company diagnosis services, consulting services, mergers and acquisitions, incubating, raise fund or financing, and assistance with public listing for mid- to large-size companies, etc.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.

    For more information, please contact:

     Mr. Caiyi Zhou
     Tel:   +852-2827-6898
     Fax:   +852-2827-6989
     Email: [email protected]
            [email protected]
     Web:   http://www.intermost.com

SOURCE Uni Core Holdings Corporation

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