China Agritech Announces 2 for 1 Forward Stock Split Effective February 1, 2010

Monday, Feb 08, 2010

China Agritech, Inc., a leading national organic fertilizer manufacturer and distributor in China, today announced that it effected a 2 for 1 forward split of its common stock on February 1, 2010 which will be reflected on NASDAQ beginning with trading on Monday, February 8, 2010.

The effect of the forward split will be to increase the number of shares of common stock outstanding to approximately 17.3 million from the 8.7 million shares outstanding prior to the forward split. Each shareholder of record as of the close of trading on February 1, 2010, will have 2 common shares for every 1 common share previously held.

Mr. Yu Chang, Chief Executive Officer of China Agritech, commented, "We believe the Company's shareholders will benefit from the greater liquidity in the Company's common stock created by the stock split. The success of our strategic plan through the introduction of our new organic granular fertilizers combined with our organic liquid fertilizers, has generated increased financial results and shareholder interest. The greater liquidity may make the stock more attractive for certain institutions and improve our trading characteristics."

About China Agritech, Inc.

China Agritech, Inc. is engaged in the development, manufacture and distribution of liquid and granular organic compound fertilizers and related products in China. The Company has developed proprietary formulas that provide a continuous supply of high-quality agricultural products while maintaining soil fertility. The Company sells its products to farmers located in 28 provinces of China.

For more information about the Company, please visit http://www.chinaagritechinc.com/.

Source: PR Newswire