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Shandong Zhouyuan Seed
and Nursery Plans to Seek 500 Regional
Agencies to Meet Demands for New
Breeds in China
LAIZHOU, China, July 6 /Xinhua-PRNewswire/
-- Shandong Zhouyuan Seed and Nursery
Co., Ltd. (OTC Bulletin Board: SZSN)('SZSN'
or 'Parent Corporation') which is
incorporated in the State of Delaware,
announced that it has acquired the
business operations of Shandong
Zhouyuan Seed and Nursery Co., Ltd.
('Zhouyuan' or 'the Company') since
February 2007, which is incorporated
in the People's Republic of China,
and is engaged in the business of
developing and distributing agricultural
seeds in China. Zhouyuan was organized
in 2001 under the laws of the People's
Republic of China. Its primary product
is corn seed, including both corn
intended for forage and corn with
a high starch content for use in
industrial food production. In addition,
it currently markets varieties of
wheat seeds and cabbage seeds.
In 2002, Zhouyuan acquired intellectual
property and assets from two formerly
state-owned entities: LaiZhou Agriculture
Science Research Center and LaiZhou
Yongzhou Seed Ltd. From its beginning,
Zhouyuan has worked closely with
government agencies, particularly
the state Science and Technology
Commission, on the development of
improved hybrid seed strains. The
company now ranks as one of the
top three seed producers in the
LaiZhou District, which is known
as the 'Seed Valley of China'.
Now the regional agencies of the
company have been extended to Shandong,
Henan, Yunnan, Hebei, Hunan,Guangxi,
Zhejiang, Sichuan, Jilin, Anhui,
Shaanxi, Jiangsu, Hubei, Shanxi
and Hainan Province in China. Zhouyuan
plans to seek 500 more regional
agencies in the whole country to
meet the demands of farmers of the
country for new breeds. Zhouyuan's
seeds are currently produced by
three independent seed growers and
one municipality consisting of seven
towns. These four sources dedicate
1400 to 1750 acres to growing seeds
for Zhouyuan. Its business plan
anticipates that it will develop
its own production capability on
4,250 acres.
About Shandong Zhouyuan Seed and
Nursery Co., Ltd.
Shandong Zhouyuan Seed and Nursery
Co., Ltd. (SZSN) is the large-sized
hi- tech corporation, which is incorporated
in the State of Delaware under the
laws of United States. SZSN, through
its operating subsidiary, Shandong
Zhouyuan Seed and Nursery Co., Ltd.
('Zhouyuan'), grows, produces and
markets the seeds with high starch
content for use in industrial food
production in China. Zhouyuan was
organized in 2001 in China under
the laws of the People's Republic
of China, which is located in Laizhou,
Shandong province. Its business
covers the agriculture seeds development
and distribution over more than
twenty provinces in China. Now Zhouyuan
ranks as one of the top three seed
producers in the Laizhou District,
which is known as the 'Seed Valley
of China'.
Safe Harbor
A number of statements referenced
in this Press Release, and in our
website, are forward-looking statements,
which are made pursuant to the Safe
Harbor Provisions of the Private
Securities Litigation Reform Act
of 1995, and within the meaning
of Section 27A of the Securities
Act of 1933 and Section 21B of the
Exchange Act of 1934. Any statements
that express or involve discussions
with respect to predictions, expectations,
beliefs, plans, projections, objectives,
and goals, assumption of future
events or performance are not statements
of historical fact and may be 'forward-looking
statements.' Forward looking statements
are based on expectations, estimates
and projections at the time the
statements are made that involve
a number of risks and uncertainties
which could cause actual results
or events to differ materially from
those presently anticipated. Forward-looking
statements in this Release may be
identified through the use of words
such as 'expects,' 'will,' 'anticipates,'
'estimates,' 'believes,' or statements
indicating certain actions 'may,'
'could,' or 'might' occur. Such
statements reflect the current views
of Shandong Zhouyuan Seed and Nursery
Co., Ltd. with respect to future
events and are subject to certain
assumptions, including those described
in this release. These forward-looking
statements involve a number of risks
and uncertainties, including the
timely development and market acceptance
of products, services, and technologies,
competitive market conditions, successful
integration of acquisitions, the
ability to secure additional sources
of financing, the ability to reduce
operating expenses, and other factors.
The actual results that the Company
achieves may differ materially from
any forward-looking statements due
to such risks and uncertainties.
Shandong Zhouyuan Seed and Nursery
Co., Ltd. does not undertake any
responsibility to update the 'forward-looking'
statements contained in this news
release.
http://www.chinaseedcorp.com