January 25, 2012

The Chinese government has granted Uni Core Holdings Corporation (UCHC) to expand its ownership of Shaanxi Prosperous Agriculture Limited Company ("Prosperous Agriculture") by 30-51%.

UCHC, a Hong Kong-based holding firm, acquired 21% of Prosperous Agriculture in December 2010.

Prosperous Agriculture is headquartered in Xi'an, Shaanxi Province, China. Prosperous Agriculture manufactures and distributes three agricultural brands: "XiDuoFeng", a biological fertiliser series that expands the utilisation rate of conventional fertilisers, enhances quality of crops, and increases production with a bio-microbial agent produced by a proprietary bio-technology; "Urea-Extra", a long-lasting nitrogenous fertiliser series that increases the utilisation rate of traditional nitrogenous fertiliser by more than 50%; and "Sirius" compound fertiliser series.

Prosperous Agriculture 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 sales outlets, located in areas including Shaanxi, Henan, Shandong, Hebei, Shanxi, Gansu, Ningxia and Xinjiang.

The platform covers the agricultural resources sales channels nationally through the call centres and e-commerce network. With the gradual expansion of direct sales outlets, Prosperous Agriculture will form one of the largest marketing systems of direct sales chain of China. There are more than 200 agricultural resources dealers and more than 20,000 points of sale in China that sell Prosperous Agriculture's products, forming one of the largest distribution platform covering China's rural markets.

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.