Shandong Zhouyuan Seed and Nursery Co., Ltd. Signed Agreement with Qingdao Seed Distribution Company to Strengthen Local Sales Capacity

08/08/07 Shandong Zhouyuan Seed and Nursery Co., Ltd. which is incorporated in the State of Delaware, announced that its operating subsidiary company in China, Shandong Zhouyuan Seed and Nursery Co., Ltd., had signed a new sales and distributions agreement with Qingdao Pingdu Jin Qiu Le Seeds Company on August 1, 2007.

Jin Qiu Le is authorized as exclusive sales agent to sell and promote Zhouyuan's products in Pingdu area, and has promised not to sell any other seeds of the same series provided by other companies in this region. It is expected to complete the sales of about 2,500 Kg wheat seeds, 10,000 Kg new kinds of corn seeds and 25,000 Kg old ones for one year.

"Through Jin Qiu Le, the new established network in Pingdu area, we further strengthen our distribution capacity in Shandong province," says Mr. Wang Zhigang, President of SZSN, "Our next strategy is moving aggressively to set the most efficient networks in order to lead the seed industry in China. Based in Shandong, we continuously seek every opportunity outside."