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China In-Focus: China Agritech Splits 2-For-1

February 8, 2010 (FinancialWire) — China Agritech, Inc. (NASDAQ: CAGC), an organic fertilizer manufacturer and distributor in China, said it effected a two-for-one forward split of its common stock on February 1, 2010, which will be reflected on NASDAQ beginning with trading on February 8.

The effect of the forward split will be to increase the number of shares of CAGC common stock outstanding to around 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.

China-based China Agritech is engaged in the development, manufacture and distribution of liquid and granular organic compound fertilizers and related products in China.

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