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Shandong Zhouyuan Seed
and Nursery Co., Ltd. Looks to Benefit
from Positive Industry Expectations
LAIZHOU, China, July 30 /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, is encouraged by the
recently released research report
by the Ministry of Agriculture of
China and market research report
by China Seed Trade Association
(CNSTA), both expecting an uptrend
on the price of corn for this year
in China based on the foreseeable
demand. SZSN will benefit from the
sustained growth of the market demand
and will enlarge its profit margin
should corn price increase according
to expectations.
Factors that will led to the increase
the price of corn indicated in the
reports include:
-- Weather conditions has affected
farming this year, and as market
supply decreases, price increases;
-- Recent price of rice, wheat,
flour, and oil are rising, driving
up the price of corn;
-- Around the country, the acquisition
price of meat, poultry, and eggs
has increased and the aquaculture
industry is recovering, thus the
market demand for feed will increase;
-- In recent years, the price of
seed, fertilizer, diesel and other
agricultural raw materials has risen,
which increases the costs of farming;
-- The wide range of uses of corn,
such as pharmaceutical uses, in
sugar and starch production, and
particularly ethanol gasoline production,
increases the demand for corn;
-- As costs of transportation
increases due to the increase in
the price of crude oil, corn prices
are raised to increase profit margins;
and
-- As the natural quality of corn
increases, its price will rise.
(http://www.seedol.com/)
The market price of corn is expected
to maintain the current uptrend
pattern till year-end, and specific
price per ton is expected to be
about RMB 1,400 (USD 184.20) in
China.
About Shandong Zhouyuan Seed and
Nursery Co., Ltd.
Shandong Zhouyuan Seed and Nursery
Co., Ltd. (SZSN) is a large-sized
hi- tech corporation incorporated
in the State of Delaware under the
laws of the United States. SZSN,
through its operating subsidiary,
Shandong Zhouyuan Seed and Nursery
Co., Ltd. ('Zhouyuan'), grows, produces
and markets 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, and is located in Laizhou,
Shandong province. Its business
covers the development of agricultural
seeds and distribution to 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.
SOURCE Shandong Zhouyuan Seed and
Nursery Co., Ltd.
