Shandong Zhouyuan Seed and Nursery Co., Ltd. Signed Sale and Distribution Agreement on New Wheat Seed Seeking Opportunities in Jiangsu Market

13/08/07 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 research and development agreement with Sihong Feng Tian Seeds Co., Ltd. to jointly accelerate the application and promotion of new wheat seed -- "Zhouyuan 187" in Jiangsu province, China P.R.C. It is expected that the final products will enhance the wheat production in Jiangsu due to the new application of this new seed.

According to the agreement, once this kind of seed is successfully approved and validated by Jiangsu's relevant government departments, Zhouyuan will provide original "Zhouyuan 187" seeds to Feng Tian, and Feng Tian will be fully authorized to produce and sell the seeds in Huaian and Suqian county in Jiangsu. Mr. Wang Zhigang, President of SZSN said, "In fact, we are generating more products performance data prior to advancement and commercialization decisions than ever before. We hope this agreement and any other similar agreements with more and more distribution and sales networks to rapidly turn our researches effort into applications."

Through this cooperation, Zhouyuan seeks to accelerate the development of new and improved products, enabling technologies, giving growers the tools they need to meet the rapid growth in demand for wheat. Mr. Wang further explains that the vast majority of new product releases and promotion for next year will carry what are becoming the essential researches into commercialization. "For Wheat growers, it means they'll have better wheat seed choices for the 2008 growing season there."