China Green Agriculture, Inc. Forges Ahead into Cryptocurrency and Energy Sectors with Acquisition of Lonestar Dream Inc.

XI’AN, CHINA, March 20, 2024 (GLOBE NEWSWIRE) -- China Green Agriculture, Inc. (NYSE: CGA) (“China Green Agriculture” or the “Company”), a company that mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its subsidiaries in China, today provides a business update regarding the pending recent acquisition of Lonestar Dream Inc., a Delaware corporation (the “Lonestar Dream”), which focuses on cryptocurrency sector, particularly bitcoin mining. Mr. Zhibiao Pan is Co-Chief Executive Officer of the Company and is the sole shareholder of Lonestar Dream. The Company devised a dual-business development strategy in 2021, aimed at expanding into the cryptocurrency industry. Subsequently, the Company diligently executed the strategy, culminating in this significant acquisition.

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