CHINA GREEN AGRICULTURE, INC. (NYSE:CGA) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
(a) On July 14, 2020, China Green Agriculture, Inc. (the “Company”) received a notification letter from the New York Stock Exchange (the “NYSE”) indicating that, the Company was noncompliant with Section 302 of the NYSE Listed Company Manual since the Company had not yet held an annual meeting of stockholders within twelve months of the end of the Company’s fiscal year ended June 30, 2019.
The Company prepares to hold the annual meeting of stockholders for the fiscal year ended June 30, 2019 in the next few months which is required to bring it into compliance.
About CHINA GREEN AGRICULTURE, INC. (NYSE:CGA)
China Green Agriculture, Inc. is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People’s Republic of China (PRC) through its Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (Jinong) and Beijing Gufeng Chemical Products Co., Ltd. (Gufeng), and its variable interest entity (VIE), Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd. (Yuxing). The Company’s segments include Jinong (fertilizer production), Gufeng (fertilizer production) and Yuxing (agricultural products production). The Company’s primary business is of fertilizer products, specifically humic acid-based compound fertilizer produced through Jinong, and compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced through Gufeng.