Shandong Zhouyuan Seed and Nursery Co., Ltd. Develop New Sales and Distribution Network in Zhaoyuan City

05/10/07 Shandong Zhouyuan Seed and Nursery Co., Ltd. which is incorporated in the State of Delaware, announced that its subsidiary operating company in China, Shandong Zhouyuan Seed and Nursery Co., Ltd., had developed a new sales and distribution network in Zhaoyuan city, Shandong province. According to the agreement signed between Zhouyuan and Zhaoyuan Jinfeng Seeds Company, once the provided seeds are successfully approved and validated by local relevant government departments, Jinfeng will be fully authorized to produce and sell the seeds in Zhaoyuan area.

The cooperation with Jinfeng will add capacity to Zhouyuan's sales network in such region, and complement the distribution through it. It will also allow Zhouyuan to meet the growing demand for high quality hybrid seeds in this area.

''We are moving aggressively to deliver the most efficient networks in order to lead the crop seed industry in China. Our industry is continuing to grow and evolve at a rapid pace, and we are establishing new networks or cooperating with new distributors to become the primary participant in the consolidation of our market.'' Mr. Wang Zhigang, President of SZSN, commented, ''It will give us the ability to produce and cross-sell our own suite of agricultural products with an established brand.''