In June 2007, Sinochem Corporation regrouped China Seeds Group,who is merged into Sinochem Corporation as one of its wholly-owned subsidiary enterprises.
China Seeds Group is a leading enterprise integrating seeds and high quality agricultural byproducts through scientific research and development, production and operation, and one of “50 Strongest Enterprises in Seeds Industry of China”, and mainly deals with agricultural seeds, nursery-stock, high quality agricultural byproducts, feed, lawn, flower and greenery, agricultural production material (chemical fertilizer, pesticide, plastic film, etc.), agricultural tools and seeds and seeds machine and facilities, instruments and apparatus, transportation means for agriculture, import and export, domestic operation, importing and exporting the product technologies mentioned above, representative for import and export, compensation trade, counter trade, re-export trade and self import and export products within the extent mentioned above, barter exchange commodity, domestic product for export converted to domestic sale.
Regrouping Sinochem Corporation and China Seeds Group will be mutually benefited in the field of agricultural byproducts, and have very positive effects on all the favorable factors such as network marketing, production, R&D, brand, and funds, etc. It will also strengthen overall capacity, consolidate and expand the company, and take a leading role in the field of agricultural materials in the country as the “National Team” and “Main Force”. |