SHENZHEN, China, Sept. 27, 2012 /PRNewswire/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), a Hong Kong based holding company, are excited to advise that a strategic meeting was held between the UCHC management and Prosperous Agriculture Company Limited ("Prosperous Agriculture"), one of UCHC's subsidiaries, at the beginning of September in Shenzhen to review a new product from Japan - Phyllite, which is an additive to fertilizer. The key agenda of the meeting focused on the impact of Phyllite in improving agricultural productivity and the way to promote Phyllite in China.
Phyllite is rich in minerals that help produce positive effects in a number of areas, including the following:
- It has been tested and used in Japan for the last 10 years. Results prove that it improves productivity and contributes to organic farming for rice crop and vegetables. Japan is currently testing how Phyllite benefits poultry, such as cows, pigs and chickens, etc. Phyllite can enhance their immune system and reduce their need for medical injections.
- It helps in purifying water, and Japan is producing "Water Filter Equipment" with Phyllite.
- It can be applied to beauty products for skin.
- It can be used to reduce and absorb radiation. Currently, the Japanese government is using it in Fukushima, where the disastrous nuclear reactor explosion happened last year.
Thomas Lee, Chief Operating Officer of UCHC, went to Japan and met with the owner of EMCOM, a Japanese-listed company, in July. He is excited to announce that he has reached a preliminary agreement with EMCOM to introduce Phyllite in the China market soon.
UCHC believes that this new move will accelerate the growth of the farm business at a fast pace and is actively working on relevant forecasts and returns, which they believe should be very profitable.
About Uni Core Holdings Corporation (UCHC.OB)
Uni Core through its subsidiaries develops, manufactures and distributes environmental friendly paper and agricultural products based upon its proprietary technology and supply chains. The Company was founded in 1998 and is headquartered in Hong Kong.
APT Paper Group, a wholly owned subsidiary, headquartered in Shenzhen, Guangdong, China, was founded in November 1993. UCHC acquired 100% of APT in June 2010. Based upon proprietary technology, production, marketing and global supply chains, APT is one of the leaders of the modern environmentally friendly packing and honeycomb paper products industry in China. APT's products are produced from recycled materials and are recyclable. APT's products include honeycomb paper pallets, honeycomb paper panels, honeycomb paper cartons, honeycomb paper coffins, honeycomb paper cushions, paper slip-sheets, paper corner protectors and corrugated paper products. APT holds patents throughout the world on many of its products. Some of APT's customers include Wal-Mart, Costco, Sam's Club, Sony, Nokia, DHL, Haier, Hisense, among others.
Prosperous Agriculture, 51% of which is owned by UCHC, is headquartered in Xi'an, Shaanxi Province, China. Prosperous Agriculture manufactures and distributes agricultural brands and also establishes a national agricultural resources chain direct sales platform through the opening and acquiring of agricultural resources direct sales outlets and dealers, and by working with well-known manufacturers of agricultural products. Prosperous Agriculture integrated more than 2,000 agricultural resources.
Safe Harbor Statement:
Except for statements of historical fact, this document contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of the Company's products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include the Company's ability to raise capital to engage in operations, general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by the Company with the Securities and Exchange Commission.
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SOURCE Uni Core Holdings Corporation