LAIZHOU, China, Sept. 17 /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, announced that its operating subsidiary company in China, Shandong Zhouyuan Seed and Nursery Co., Ltd. ("Zhouyuan" or "the Company"), had signed a new sales and distribution agreement with Linyi Kun Yuan Seeds Co., Ltd. ("Kun Yuan") on August 6, 2007. Kun Yuan is authorized as an exclusive sales agent to sell and promote Zhouyuan's seed products in the Linyi area of Shandong Province. Thus Zhouyuan has established its sales and distribution networks all over the Shandong province with a total of more than 15 agents in the province to deliver the most advanced products and specialized customer services to customers in the area.
Linyi Kun Yuan Seeds Co., Ltd. specializes in the sale, and distribution of seed and fertilizer products in the Linyi area of Shandong Province. It also promotes new agricultural technologies and distributes updated agriculture information to customers. Kun Yuan is the one of the biggest agriculture service enterprises. It possesses a dominant distribution network in the Linyi area and has nearly 20% of the seed distribution market share.
"After successfully signing the agreement with Kun Yuan, Zhouyuan will have the ability to sell the products in the Linyi area, providing new local channels in the area. This will give Zhouyuan the ability to produce and cross-sell its own suite of agricultural products with an established brand," stated Mr. Wang Zhigang, President of SZSN. He added that "we believe this positions us to utilize our company strengths in seeds development to potentially produce and market synergistic agricultural product in the future, which will cause the consumption of seed in China has increased steadily."
Shandong Zhouyuan Seed and Nursery Co., Ltd.
Shandong Zhouyuan Seed and Nursery Co., Ltd. (SZSN) is the large-sized hi- tech corporation, which is incorporated in the State of Delaware under the laws of United States. SZSN, through its operating subsidiary, Shandong Zhouyuan Seed and Nursery Co., Ltd. ("Zhouyuan"), to grow, produce and market the 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, which is located in Laizhou, Shandong province. Its business covers the agriculture seeds development and distribution 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".
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.
For more information, please contact:
Mr. Lin Qi
Shandong Zhouyuan Seed and Nursery Co., Ltd.
|SOURCE Shandong Zhouyuan Seed and Nursery Co., Ltd.|
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