Seed China News 201101.pdf

Seed China News

Copyright © CCM International Limited

Vol. 1 Issue 1 26 Jan. 2011

II

Vol.1 Issue 1Seed China News

CCM International Limited www.cnchemicals.com

Content ■ Special report .......................................................................................................1

Analysis into corn seed market 2011 ......................................................................................................................1

■ Vegetable seed ..................................................................................................... 2Oversea companies eye Guangdong vegetable seed market................................................................................. 2Tianjin Kernel facing challenges ........................................................................................................................... 4

■ M&A ..................................................................................................................... 5CNSGC benefits much from government policy ................................................................................................... 5Winall Hi-tech invests 4 companies within six months ....................................................................................... 6

■ Compay & Dynamic .............................................................................................. 7Xinjiang Condy cooperates with KWS .................................................................................................................. 7Good performance of listed seed companies in 2010 ...........................................................................................8Beijing Dabeinong to build rice seed plant in Hubei ............................................................................................ 9

■ Vatiety ............................................................................................................... 10Jimai 22, the biggest wheat variety in China ...................................................................................................... 10

■ Seed treatment ................................................................................................... 11Wheat and corn dominate Chinese seed treatment market ................................................................................ 11

■ Brief news ...........................................................................................................12Heilongjiang promotes plasma seed treatment technology ................................................................................12Henan Goldoctor develops fast ............................................................................................................................12IRRI to set branch in Shenzhen ...........................................................................................................................12Koshihikari expands quickly in China .................................................................................................................12Commercialization of GM corn and GM rice not settled .....................................................................................13Fujian Province bans GM rice sales .....................................................................................................................13"Monsanto Green Village" launched in Jilin ........................................................................................................13Coverage ratio of improved seeds exceeds 95% ...................................................................................................13China founds Seed Intellectual Property Rights Alliance ....................................................................................13Longping High-tech leads Sino-Indonesia joint hybrid rice program ................................................................14

Topic: Fast development of China seed industry .....................................Date: Tuesday, February 25, 2011Time: 5:00 PM Beijing(10:00 AM GMT) Duration: 30 minutes Format: PresentationLocation: Your desktopPrice: FREEPassword: 123456>> Space is limited, reserve your spot NOW!

http://www.cnchemicals.com/tenth-anniversary/i-Future.html

http://www.cnchemicals.com/tenth-anniversary/i-Future.html

http://www.cnchemicals.com/tenth-anniversary.html

https://cnchemical.webex.com/mw0306lc/mywebex/default.do?service=1&siteurl=cnchemical&nomenu=true&main_url=%2Fmc0805lc%2Fe.do%3Fsiteurl%3Dcnchemical%26AT%3DMI%26EventID%3D141957372%26UID%3D956495072%26Host%3Db4585e5d084c5707%26RG%3D1%26FrameSet%3D2

http://www.cnchemicals.com/tenth-anniversary.html

III



Welcome to Seed China News 1101

China is the second largest seed production country in the world, showing great vatality and potential in world's seed mareket. CAGR of market value in domestic seed market reaches 16.69% from 2001 to 2009. However, such a large seed market is currently in turmoil, with too many companies but weak R&D capability, and great challanges have to be faced from many overseas seed companies.

In a bid to consolidate current chaotic market of domestic seed industry, the Ministry of Agriculture is now formulating the new policy of "Seed management regulations". With the upraised threshold for this industry after implementation of the new policy, the number of seed companies in China is expected to witness reduction in the future since lots of seed companies can not meet these requirements.

Some insiders from small companies expressed their discontentment for the new policy, because they might be eliminated or acquired by other big companies due to the rising threshold. However, the leading seed companies in domestic market, such as the listed companies, may benefit much from the policy. Actually, some companies, such as GNSGC and Winall Hi-tech, already have taken the M&A strategy to seek further development. They invested in several companies in the past few months.

Meanwhile, overseas seed companies continue to strengthen their business in China, such as expanding vegetable seed business in Guangdong, cooperating with domestic companies, etc.

If there are any specific topics you would like us to cover or investigate any of the subjects covered in more detail, please contact us.

Headlines of Seed China News 1101

Domestic corn seed market will still be in oversupply in 2011, but the price of corn seed may

witness some increase.

The competition in Guangdong vegetable seed market is estimated to be increasingly intense, with

more and more overseas seed companies entering this market.

Although Tianjin Kernel still accounts for the largest share in domestic cucumber seed market, it is

facing huge challenges at present.

CNSGC, the only central seed enterprise in China, is expected to benefit most from recent policy

regarding domestic seed industry.

Winall Hi-tech takes the strategy of M&A and has invested in four companies since it got listed on

A-share market in May 2010.

KWS enhances its corn seed business in China by setting a joint venture (JV) with Xinjiang Condy.

Performance of all the listed seed companies in 2010 is far better over last years, with profit increase in

2010.

Beijing Dabeinong recently releases a notice to invest in five new projects, including building a

rice seed production plant in Hubei Province.

Jimai 22 has become the biggest wheat variety in China, with the planting area reaching 2.38 million

ha. for 2010/2011 season.

As seed treatment can improve crop performance under unfavorable weather conditions and improve

crop unit yield, Chinese government has attached great importance to seed treatment in recent years.

Location of key companies covered in this issue

1



■ Special report

Analysis into corn seed market 2011

In this issue, in a bid to provide readers with a clear understanding about Chinese corn seed market in

2011, CCM specially invited an expert Tong Pingya to make analysis into and forecast on corn seed market in China in 2011.

Generally, domestic corn seed market in 2011 can be summarized as: corn seed supply to exceed demand; three major varieties to dominate the market; price to witness increase, etc.

Supply vs Demand

Most of China's corn seed production is concentrated in western area, such as Gansu, Xinjiang and Ningxia, aided by high solar radiation and sufficient irrigation. Corn seed production area in these regions accounts for two thirds of China's total. According to statistics from National Agro-tech Extension & Service Center (NATESC), total corn seed production area for 2010/2011 is about 258,000 ha., up 14.17% over last year, but much less than four years ago.

Domestic corn seed market will still see oversupply in 2011.The total output of corn seed for 2010/2011 is 1.15 million tonnes. Together with the 0.42 million tonnes stocked corn seed, it is estimated that 0.45 million tonnes of corn seed will be left in 2011 as corn planting area in China is estimated to be 32.67 million ha. in 2011, which will consume 1.1 million tonnes corn seed.

However, the supply and demand situation varies among different regions. Early mature corn seed in Northeast China such as Heilongjiang is under short supply. Some improved corn varieties in Northeast China may sell well in the market.

The supply of corn seed in the summer corn market (Shandong, Henan, Hebei, etc.) largely exceeds the demand. In general, corn varieties featuring high yield, fitness for being planted in high density, grains drying quickly, etc., are welcomed by peasants.

Three major varieties

Zhengdan 958, Xianyu 335 and Jundan 20 will be the major corn varieties in 2011. Among them, the planting area of Xianyu 335 is expected to witness huge increase.

The planting area of Zhengdan 958 was 4.54 million ha. in 2009. In 2010, the planting area of this variety is still the biggest in China. Zhengdan 958 has outstanding grain yields. It can generate relatively stable yield under different growing conditions and has good resistance against diseases. This variety can be planted in high density and the ideal planting density is 60,000 to 75,000 plants per ha. But the variety also has its drawbacks: the grain of this variety dries slowly before

harvest; stalks of this variety are easy to lodge; and in some regions, ear rot disease, sheath blight disease and brown spot disease were found on the variety.

However, in general, Zhengdan 958 is still one of the best corn varieties in China. It is estimated that this variety will continue to be the major variety planted in China in the coming years, although its planting area is likely to decrease.

The planting area of Xianyu 335, a variety developed by Pioneer, a subsidiary of Dupont, is increasing. It added up to 1.13 million ha. in 2009 from 0.54 million ha. in 2008, up 109.26% year on year. Additionaly, some companies are reported to produce this variety secretly and illegally in China, thus, the actual planting area of this variety may be larger than the number mentioned above.

This variety is especially ideal for being planted in the spring corn area, namely Northeast China. It has many advantages, such as outstanding grain yield, grain drying quickly, fitness for mechanization, etc. The drawbacks of this variety are that root of this variety grows slowly in the early stage and the stalks are easy to lodge. Besides, the variety is not suitable to be planted in high density and is easy to hit by pests and diseases in some regions.

Jundan 20 got national approval of production in 2003. Its planting area has witnessed increase since 2006. The planting area of the variety climbed from 2.45 million ha. in 2009 to about 2.67 million ha. in 2010.

It is a compact variety that can produce stable yield under different growing conditions. But the variety is not resist against bacterial wilt and is not suitable for being planted in high density. The planting density of this variety should not exceed 60,000 plants per ha., which hinders its promotion in summer corn area, but it still has potential in Northwest China.

Price

The price of corn seed in 2011 is estimated to increase by 20%~25%. On one hand, the minimum purchase price (the price that seed production companies have to pay for peasants regardless of harvest or not) was USD2,730/ha. in 2004, but it increased to USD4,320/ha. in 2010.

On the other hand, the price increase of crop commodity and other agricultural materials such as fertilizers and pesticides will push up corn seed price. The purchase price of corn was USD242/t last year, but it exceeds USD303/t at present.

Prices of some leading corn varieties and corn seed from the large companies may maintain high level during the sales season. However, the price of normal varieties may

2



be high at the beginning of the sales season but witness decrease to some extent at the end of the sales season under the backdrop of oversupply in the industry.

Rebate marketing

Rebate marketing has existed for years in domestic corn seed industry. Some companies even base their entire sales strategy on the premise to rebate a fixed amount of money to corn seed distributors to win competitive advantage.

The rebate corn seed companies pay to corn seed distributors was about RMB1~1.6/kg in the past, but it increases to RMB2~4/kg at present, some to RMB6~8/kg or even higher.

The rebate marketing strategy may increase the sales for a company in a short term, but it is not good for the healthy development of domestic corn seed industry in the long run. At present, many corn seed distributors are actively promoting corn varieties with high rebate, rather

than those with superior quality, which impacts corn production for peasants.

Chaotic 2011 corn seed market

It is estimated that the corn seed market will still be in turmoil under the oversupply circumstance. On one hand, there are too many corn varieties in the market, with about 300~400 corn varieties approved by the government every year. And illegal marketing of corn seed in domestic market is very common. For example, as of now, only five companies have the rights to produce and market Zhengdan 958, but over 40 companies are secretly and illegally distributing the variety at present. The same situation also happens to Xianyu 335, another leading corn variety with high retail price.

On the other hand, there are such a large number of corn seed companies in China. Malign competition, such as price war, unhealthy media competition, etc., between corn seed companies commonly exist.

Mr. Tong, a researcher from the Chinese Academy of Agricultural Sciences, has been engaged in the research of corn and agriculture development for a long time, with works of "Corn planting division in China", "Domestic seed industry 1949-2009", etc.

■ Vegetable seed

Oversea companies eye Guangdong vegetable seed market

"Guangdong Seed Expo 2010" (Seed Expo), a top event on agricultural improved seed in domestic

field, kicked off from 12 Dec. 2010 to 14 Dec. 2010 in Guangzhou City, Guangdong Province. CCM attended the Seed Expo and carried out survey into vegetable seed market in Guangdong Province.

In the Seed Expo, CCM found out that many overseas seed companies attach great importance to Guangdong vegetable seed market. The competition in Guangdong vegetable seed market is estimated to be increasingly

intense, with more and more oversea seed companies entering this market.

Through years of development, overseas seed companies have occupied a large market share in the high-end vegetable seed market in China such as in provinces of Shandong, Hebei, Liaoning, Yunnan, etc. However, they do not rest on their raurels and are making efforts to expand their business to other regions, aiming to cover all the main vegetable growing bases in China. Guangdong, the third largest vegetable growing province

3



in China, is an important target for them.

Seminis, a vegetable seed company of Monsanto, has years of business experience in Guangdong and its surrounding areas. It becomes the strategic business partner of this Seed Expo, which enhances the company's image.

"Seminis has cooperated with the leading vegetable seed distributors to market its vegetable seeds, so the company could concentrate on the R&D of new vegetable varieties. In Guangdong, it chooses Guangzhou Exuberant Field Seed Co., Ltd. (Guangzhou Exuberant) as one of its major distributors" reveals from insider in the industry.

Syngenta, another strategic business partner of this Seed Expo, is also enhancing its exploration in Guangdong vegetable seed market. It cooperates with Guangdong Tianhe Agricultural Materials Co., Ltd. (Guangdong Tianhe), a leading distributor of agricultural materials in Guangdong Province, to market its vegetable seeds.

At present, Guangdong Tianhe markets cabbage and spinach varieties from Syngenta. It is estimated that Guangdong Tianhe will market other vegetable seeds from Syngenta, and Syngenta will also benefit a lot from

the strong distribution network of Guangdong Tianhe in Guangdong Province.

Enza Zaden Beijing Seeds Co., Ltd. (Enza Zaden), a Netherlands seed company, built a Research and Development station in Qingyuan City, Guangdong Province in 2009 to develop climate and regionally adapted varieties. This is Enza Zaden's second Research and Development station in China, with the first one built near Beijing in 2006.

Different from Seminis and Syngenta, insider reveals that Enza Zaden may choose the direct marketing and sales mode. It will directly market seeds to big vegetable growers. At present, the sales of Enza Zaden in domestic market are mainly focused on North China; and that in South China have just begun.

Nunhems Beijing Seeds Co., Ltd. (Nunhems Beijing), a seed company of Bayer, also has built a Research and Development station in Guangxi Province, next to Guangdong. It is expected that vegetables varieties developed in the station will also target at Guangdong market.

Besides, some seed companies from Taiwan and Hong Kong also strengthen their development in Guangdong market, such as Known-You Seed (China) Co., Ltd. (Known-You), Choi Hing Lee International Ltd. (Choi Hing Lee), Wong Ching Ho Co., Ltd. (Wong Ching Ho), etc.

At present, overseas seed companies have taken up about 30% of vegetable seed market in Guangdong Province, according to estimation from an insider in the industry. The varieties of some vegetables such as spinach, broccoli, cauliflower, Chinese flowering cabbage, etc., are mainly sourced from overseas companies. And there is trend that overseas companies are going to take up more market share in this field.

PICTURE1: Guangdong Seed Expo 2010

Source: CCM International

TABLE1: Key vegetable seed companies and institutes in Guangdong

Companies/Institutes Remarks

Seminis

Oversea seed companies, strong in the R&D of vegetable varieties such as sweet pepper, tomato, cucumber, spinach, broccoli, cauliflower, etc.

Syngenta

Enza Zaden

Hazera Genetics Ltd.

Nunhems Beijing

Sakata Seed (Suzhou) Co., Ltd.

Known-You Seed (China) Co., Ltd.Taiwan seed company, strong in R&D of cherry tomato, watermelon, etc.

Choi Hing Lee International Ltd. Hong Kong seed companies, mainly engages in pepper, leafy vegetables seed business. Wong Ching Ho Co., Ltd.

Vegetable Research Institute Guangdong Academy of Agricultural Sciences

Local seed companies or institutes with strong R&D capability in bitter gourd, pumpkin, pepper, leafy vegetables, etc.

South China Agriculture University

Guangzhou Vegetable Science Research Institute

Shantou Jinhan Seed Industry Co., Ltd.

Guangdong Provincial Improved Variety Introduce Service Corp. Leading local vegetable seed distributors, mainly

introduce oversea vegetable varieties to China. Guang Zhou Seed Imp. & Exp. Co., Ltd.Guangzhou Exuberant Field Seed Co., Ltd.


4



However, overseas seed companies may also face many difficulties in the development of vegetable seed business in Guangdong Province.

On one hand, vegetable varieties from overseas companies may not be fit for Guangdong market. For example, Enza Zaden is very strong in the development of cucumber and sweet pepper varieties, but these varieties are not suitable for growing in Guangdong Province due to the climate condition. Thus, overseas companies such as Enza Zaden and Nunhems Beijing build Research and Development station in Guangdong

and the surrounding areas are developing climate and regional adapted varieties.

On the other hand, not like the vegetable growing model in Shandong Province, the planting of vegetables in Guangdong is scattered, which increases the marketing cost of vegetable seeds.

Despite these difficulties, the market share of overseas seed companies in Guangdong vegetable seed market is expected to witness increase in the future with their strong R&D ability and sufficient funds support.

PICTURE2: Major vegetable growing base in Guangdong


Tianjin Kernel facing challenges

Not like other high-end vegetable seed market in China, cucumber seed market has not been dominated

by overseas seed companies. Tianjin Kernel Cucumber Research Institute (Tianjin Kernel) still accounts for the largest share in domestic cucumber seed market, however, it is still facing huge challenges.

Founded in 1985, Tianjin Kernel is the first research institute in China specialized in the development of cucumber varieties. Cucumber varieties bred by the institute are planted in almost every cucumber production regions in China. It has captured about 80% of domestic cucumber seed market share for a long time.

Untill now, Tianjing Kernel has bred five generations of cucumber varieties, namely Jinyan, Jinzha, Jinchun, Jinyou, Jinlv and Jinmei (Jinlv and Jinmei are the new generations). The varieties bred by the company have excellent yield. They are very long and lean, with uniform dark green from tip to tip and dense thorns on the skin.

"Our major products for open-field growing are Jinyou 1 and Jinyou 12. Besides, we have bred a new variety, Jinyou

48. As for greenhouse growing, we recommend Jinyou 30 and Jinyou 35" says Mr. Zhang from Tianjin Kernel.

At present, Tianjin Kernel is still the leading cucumber producer in China, no matter for open-field growing or greenhouse growing. However, the company faces huge challenges from domestic and overseas companies.

Tianjin Derit Seeds Co., Ltd. (Tianjin Derit), founded by Ma Dehua, the former head of Tianjin Kernel, has developed quickly in recent years. "The cucumber varieties for greenhouse growing developed by our

PICTURE3: Jinyou 30

Source: Tianjin Kernel

5



company are as good as that of Tianjin Kernel. The open-field cucumber varieties developed by Tianjin Kernel are better than our products, but we have strengthened the development for open-field cucumber in recent years" says Mr. Li from Tianjin Derit.

Besides, overseas vegetable seed companies have entered domestic cucumber seed market, eyeing the huge market potential. Cucumber is one of the most important vegetable for China. Its planting area is estimated to exceed 1.5 million ha. per year at present. Overseas seed companies such as Enza Zaden and Seminis are developing cucumber vatieties adapted to China at present. They have set research center in China and

may make use of domestic genetic resources to develop cucumber varieties.

It is important to note that the planting area of fruit cucumber also increases quickly. Fruit cucumber is a kind of cucumber different from the cucumber varieties developed by Tianjin Kernel. At present, most of the fruit cucumber seed consumed in China is sourced from oversea companies, which also brings challenge to Tianjin Kernel.

■ M&A

CNSGC benefits much from government policy

China National Seed Group Co., Ltd. (CNSGC), a seed subsidiary of Sinochem, is expected to benefit

much from China's policies related to seed industry recently as it is the only central seed enterprise (company directly run by central government) in China. It will enjoy advantages in the aspects of funds and government support.

At present, China's seed market is in chaos, featuring oversupply. Market share is quite scattered in China with too many seed companies. Inefficient technology innovation capability weakens competitiveness of Chinese seed companies. Besides, expansion of more and more overseas seed companies into China's market, which take a fairly large market share in some regions, exert great threat on domestic enterprises.

Therefore, Chinese government are taking great efforts to integrate seed industry, as qualified seed is quite important to push up output of agricultural products.

"First, the government will enhance merger and reorganization amongst seed producers in order to foster world-level seed companies. Second, the government will promote the cooperation between seed companies and domestic scientific research institutions to increase seed companies' R&D capability" according to China's No.1 Document released in early Feb. 2010.

Besides, Chinese government is also formulating a policy regarding seed industry, hoping to consolidate current chaotic market by raising the entrance threshold of this industry. The policy is expected to be promulgated in the near future.

CNSGC is expected to benefit much from this moves. It is once the largest seed company in China, but its market share has been nibbled away by foreign seed companies and other domestic seed companies since China opened the seed market in 2000. Under the government support, the company has set an objective recently to recapture its top position in China and even to become a world level seed company.

In 2010, CNSGC has taken a series of measures to strengthen its businesses of rice seed, corn seed, vegetable seed, etc. And the company adopts strategy of taking over other leading seed companies and cooperating with seed research institutes.

Rice seed business

Rice seed business plays a very important role for the long development of CNSGC. China's rice seed R&D capability is relatively strong, quite different from that for corn seed. And demand for rice seed is huge in China as rice is the most important staple food domestically.

CNSGC has acquired several rice seed companies in 2010 and at the beginning of 2011, it enhanced its competitiveness in all major rice planting bases in China.

On 5 Jan. 2011, CNSGC became the biggest shareholder of Hunan Dongting Hi-tech Seed Co., Ltd. (Dongting Hi-tech), a subsidiary of Yueyang Agriculture Institute. Besides, CNSGC and Yueyang Agriculture Institute signed an agreement to cooperate in the future for the development of new rice varieties. Dongting Hi-tech

PICTURE4: Signing ceremony of CNSGC and Dongting Hi-tech

Source: CNSGC

6



is one of the leading rice seed companies in Hunan Province. It has strong competitiveness in Hunan and other provinces in the middle and lower reaches of Yangtze River. Yueyou 9113, an late rice variety of Dongting Hi-tech, is widely planted by peasants in the region.

In H2 2010, CNSGC became the shareholder of Guangdong Golden Rice Seeds Co., Ltd (Golden Rice), a subsidiary of Guangdong Academy of Agricultural Sciences. The company has strong competitiveness in South China rice seed market, especially in Guangdong, with market share ranking the first in Guangdong.

Besides, Dongting Hi-tech and Golden Rice, CNSGC took over other two rice seed companies in Jiangxi and Sichuan in 2010 to develop its rice seed business in the region.

It signed a rice co-development agreement with Mitsui Chemical Agro, Inc. (Mitsui Chemical) on 1 April 2010. According to the agreement, CNSGC will take advantage of the germplasm resources provided by Mitsui Chemical in the breeding and development of hybrid Japonica rice varieties.

Corn seed business

CNSGC also has done much for its corn seed business in 2010. In late 2010, the companies released that it had become the fifth legal company to produce and distribute Zhengdan 958, the leading corn variety in China.

CNSGC plans to promote Zhengdan 958 in 2011 planting season. Although Zhengdan 958 has been planted for years and its planting area may witness decrease in the coming years, the corn seed business of CNSGC in North China is expected to witness huge increase in the short term as Zhengdan 958 is still the most widely planted corn variety at present.

In Southwest China, CNSGC cooperated with Monsanto and have developed several corn varieties, such as DK 007, DK 008. It is expected that its market share in this region will witness increase in the future aided by the strong support from Monsanto.

Vegetable seed business

The revenue of vegetable seed business of CNSGC is very small at present, but it is essential for the further development of the company. CNSGC introduced vegetable seeds from overseas vegetable seed companies like Seminis , Nunhems, Sakata, etc., and it is also enhancing its R&D capability of new vegetable seeds at the same time.

"CNSGC has become an important distributor for Seminis, a vegetable seed subsidiary of Monsanto. It has purchased a lot of vegetable seeds from Seminis and is expected to buy more in the future" reveals an insider from the industry.

Besides businesses of rice seed, corn seed, vegetable seed, CNSGC is also engaged in development of wheat seed business and oil seed business (oil sunflower, etc.).

No doubt that the company's competitiveness will be enhanced by such a series of moves with governmental support, however, whether the company can effectively integrate the companies it took over is still not so sure. Let's wait and see.

Winall Hi-tech invests 4 companies within six months

Winall Hi-tech Seed Co., Ltd (Winall Hi-tech), an Anhui based seed company, takes the strategy of

M&A and has invested in four companies since it got listed on China’s Growth Enterprise Market (GEM) on 13 May 2010.

Through these investments, Winall Hi-tech has expanded its business from two-line hybrid rice seed to businesses of three-line hybrid rice business and corn seed, and its revenue is expected to witness huge increase in 2011.

All the funds for these investments are sourced from the excess funds raised when it got listed. The company totally raised USD70.98 million with the issue of 13.2 million shares and price of USD5.38/share on 13 May 2010. USD14.64 million among these funds raised will be spent on breeding, reproduction and promotion of hybrid rice seed, thus, it leaves a lot of funds for the company to take over other seed companies.

On 17 Aug. 2010, Winall Hi-tech first invested USD1.45 million to control 51% of Sichuan Zhufeng Seed

7



Co., Ltd. (Sichuan Zhufeng), a company with strong competitiveness in three line rice seed business and has advantage in rice seed production.

In late 2010, Winall Hi-tech controlled other two seed companies and founded a joint venture. It is worth noting that Winall Hi-tech has entered corn seed market after it holds 56% shares of Yangling Dengfeng Seed Co., Ltd., a corn seed enterprise in China.

Before listing, the company is over relying on hybrid rice seed Xinliangyou 6, thus, once Xinliangyou 6 is replaced by other hybrid rice seed varieties, the sales of the company may witness sharp decrease. Hence, the investments in various seed varieties can reduce its business risk, and R&D capability can also be enhanced.

Stock price of the company rose significantly after its listing, and it is expected that it will continue to take over

other seed companies in the near future.

However, investors should still keep a cautious attitude toward this company, as the future for the company may not be so easy, and it has to face intense competition from other seed companies such as Yuan Longping High-Tech Agriculture Co. Ltd., Shandong Denghai Seeds Co., Ltd., etc., which are more powerful than Winall Hi-tech at present, proven by stock price decrease of the company recently.

Winall Hi-tech is a fast growing company mainly engaged in marketing of hybrid rice seed (mainly two-line hybrid rice seed), rapeseed seed, cotton seed and some vegetable seeds. The revenue of the company hit USD10.25 million in the first three quarters of 2010, up 1.89% year on year. Its net profit reached USD1.34 million, up 11.90% year on year, aided by its upraised price of seed products in 2010.

TABLE2: Winall Hi-tech’s investment after its listing

Date CompanyInvestment, million USD

Shares it owned

Revenue in 2009, million USD

Main business

26 Nov. 2010

Winall Xinlong 2.3 51% -Two-line hybrid rice seed

18 Nov. 2010

Yangling Dengfeng

1.68 56% 0.15 Corn seed

28 Oct. 2010

Anhui Hua’an 3.08 49% 3.38 Hybrid rice seed

17 Aug. 2010

Sichuan Zhufeng

1.45 51% 2.46Three-line hybrid rice seed

Note: Anhui Winall Xinlong Seed Co., Ltd. (Winall Xinlong); Yangling Dengfeng Seed Co., Ltd. (Yangling Dengfeng); Anhui Hua’an Seed Co., Ltd. (Anhui Hua’an); Sichuan Zhufeng Seed Co., Ltd. (Sichuan Zhufeng)Source: Winall Hi-tech

FIGURE1: Stock price of Winall Hi-tech

Source: Google Finance

■ Compay & Dynamic

Xinjiang Condy cooperates with KWS

KWS and Xinjiang Condy Seed Technology Co., Ltd. (Xinjiang Condy) cooperated to found a JV on 6 Nov.

2010, namely Condy-KWS Seed Co., Ltd (Condy- KWS), which is win-win for both these two parties.

The investment in Condy-KWS is USD11.12 million. Like most joint seed ventures in China, domestic company Xinjiang Condy, invested USD5.67 million to hold 51% shares of Condy-KWS and the rest 49% shares are hold by KWS with investment of USD5.45 million.

Before the establishment of this JV, Xinjiang Condy has already had business connections with KWS for a long time. Xinjiang Condy has introduced many varieties from KWS, including sugar beet varieties, corn varieties, etc. The cooperation between the two companies will be further to be strengthened after the founding of Condy-KWS.

"Xinjiang Condy has witnessed fast development in recent years, it started from a small seed company and has become one of the leading seed companies in China.

8



The cooperation with KWS this time will further enhance the development of Xinjiang Condy. We expects Condy-KWS to become the leading seed company in domestic market and provide peasants with more improved varieties" reveals Mr. Liu, vice commander from Xinjiang Production and Construction Corps (shareholder of Xinjiang Condy).

Other details regarding this JV have not been released, but it is expected that Condy-KWS will mainly focus on corn seed, sugar beet seed, sunflower seed, etc., especially corn seed, as corn seed has become the most important seed market in China.

As for KWS, the company has business experience of as long as over 30 years in China and it has become the leading sugar beet seed company in China. The company also expects to enhance its corn seed business in China recently, and its corn business market is mainly focused on Northeast China and Northwest China at present.

It is estimated Condy-KWS will be a strong competitor in domestic corn seed market with the improved seed varieties provided by KWS and the strong sales network owned by Xinjiang Condy. Besides, Xinjiang Condy has the advantage of seed production since Xinjiang is the

second important seed production base in China, only after Gansu.

Thus, the JV will bring intense competition to domestic and overseaes seed companies, such as Dupont, Monsanto and Limagrain, etc.

Besides cooperattion with KWS, Xinjiang also seeks to get listed for further development. The company submitted IPO application on 30 March 2010 and has been approved by China Securities Regulatory Commission in late 2010.

Xinjiang Condy, located in Urumqi of Xinjiang Uygur Autonomous Region, is mainly engaged in breeding, production, processing, sales and technology service of sunflower seed, corn seed, cotton seed, etc. The company has become the leading sunflower seed company in China at present. Besides, it expressed that it would attach much importance to develop corn seed business.

The company now owns five seed processing factories, 16 subsidiaries and more than 100 distributors. Its sales network covers 16 provinces and autonomous regions. The average annual revenue reaches USD29.88 million in recent years.

Good performance of listed seed companies in 2010

PICTURE5: Signing ceremony of Xinjiang Cody and KWS

Source: Xinjiang Cody

Generally, performance of all the listed seed companies in 2010 is far better over last years,

proven by the net profit increase of these companies in their H1 2010 report and Q3 2010 report. Although the annual report for the whole year 2010 has yet not been released, their net profit in the whole year of 2010 is estimated to witness significant increase.

The good performance in 2010 brought little surprise under the context of such high commodity prices. The prices of many crops, such as wheat, corn, rice, cotton, etc., all witnessed huge increase in 2010, which enhanced peasants' income and purchasing power for seed products.

Although the supply for the whole seed industry exceeded the demand in 2010, the supply for some improved seed varieties were situated in shortage, which also pushed up the prices of seed products.

Shandong Denghai Seeds Co., Ltd. (Shandong Denghai) previously released that its net profit in 2010 was to surge by 50%~100%, a little bit lower than the estimation from analysts in the industry. The analysts predicted the sales revenue of Shandong Denghai in 2010 would reach about USD125.00 million and net profit about USD28.64 million, respectively up 42.46% and 101.97% year on year. Xianyu 335 still contributed

9



most to the sales revenue and net profit for Shandong Denghai in 2010.

Gansu Dunhuang Seed Co., Ltd. (Gansu Dunhuang), another seed company marketing Dunpont's Xianyu 335, also witnessed huge increase in its seed business. The sales revenue from seed business of the company was USD45.76 million in H1 2010, up 18.90% year on year. Besides, the gross profit margin of its seed business went up from 48.61% in H1 2009 to 58.64% in H1 2010. However, the performance of the company was affected by its other business fields, such as cotton processing, tomato processing, etc.

Hefei Fengle Seed Co., Ltd. (Hefei Fengle) forecast that its net profit for the whole 2010 was to reach about USD17.20 million~USD22.26 million, up 70%~120% year on year, and most of its net profit was contributed by its real estate business. However, the company plans to withdraw from real estate business in 2011 and focus on seed business and agrochemical business. The main seed products for the company in 2011 are Fengliangyou 1 (rice variety), Fengliangyouxiang 1 (rice variety), Jundan 20 (corn variety) and Ludan 818 (corn variety).

Yuan Longping High-Tech Agriculture Co. Ltd. (Longping High-Tech) also plans to focus on seed business in the future. Its sales revenue and net profit from rice seed, the major business of the company, hit USD36.36 million and USD13.12 million in H1 2010, up 8.66% and 45.22% respectively year on year. Besides, the company has strengthened its corn seed business by obtaining marketing right of Lihe 16, a corn variety from Limagrain, which is expected to generate profit for the company in 2011.

Beijing Dabeinong Technology Group Co., Ltd. (Beijing Dabeinong) and Winall Hi-tech Seed Co., Ltd. (Winall

Hi-tech) just got listed in 2010, but the seed business of them develops very quickly.

The sales revenue from seed business of Dabeinong hit USD33.21 million in H1 2010, up 14.71% year on year. Besides, Nonghua 101, a very competitive corn seed of the company, was approved by the Ministry of Agriculture in 2010, which is expected to generate profit for the company in 2011 as many insiders from the industry revealed that the quality of Nonghua 101 is on a par with Xianyu 335.

Winall Hi-tech, mainly engaged in two line hybrid rice seed business, is a small seed company at present, but it develops fast after it got listed. It adopts strategy of M&A, and has invested in four seed companies after listing. The company is expected to invest more in the future.

The year 2011 is also predicted to be a nice year for domestic listed seed companies, and the price of seed products is expected to maintain a high level under the backdrop of high commodity price. Besides, an insider reveals that seed production of some improved rice varieties and corn varieties was impacted by the adverse weather in 2010, which will push up the price of seed products.

Moreover, the government is formulating policy to regulate seed industry at present, and the leading seed companies, such as these listed seed companies, are expected to benefit much from the policy. However, all these companies should try their best to enhance their R&D capability, in order to compete with leading overseas seed companies.

TABLE3: Listed seed companies’ performance in 2010 (estimated data)

CompanySales revenue,

million USDYOY

changeNet profit,

million USDYOY

changeSeed business

share

Winall Hi-tech 28.94 16.74% 5.91 15.30% 100%

Hefei Fengle 206.82 30.46% 19.85 94.23% 40%

Gansu Dunhuang 196.97 -14.06% 6.06 33.48% 34%

Shandong Denghai 125.00 42.46% 28.64 101.91% 97%

Beijing Dabeinong 752.91 25.00% 47.71 13.00% 7%

Longping High-Tech 214.70 34.35% 9.09 23.84% 67%

Note: Seed business share= sales revenue from seed business in 2009/total sales revenue in 2009Source: CCM International

Beijing Dabeinong to build rice seed plant in Hubei

Beijing Dabeinong Technology Group Co., Ltd. (Beijing Dabeinong), one of the leading hybrid rice

seed companies in China, recently released a notice to invest five new projects with the funds raised when it got listed in April 2010, including a rice seed production plant in Hubei Province.

The plant will be constructed by Hubei Huazhan Seed Technology Co., Ltd. (a subsidiary of Beijing Dabeinong)

founded in Oct. 2010, with registered capital of USD1.51 million (RMB10 million). And the rice seed processing plant will be located in Wuhan City, Hubei Province, with total investment of USD6.74 million. After completion, the plant could process 7,500 tonnes of hybrid rice seed every year. The plant will be started in 2011 and is expected to be finished in 2012.

The hybrid rice seed processed by the plant will be

10



mainly for the middle rice seed market in Hubei, Anhui and Henan, which will facilitate the development of the company's rice seed business in the long run.

"Besides the rice seed processing plant in Hubei, we also plan to build one rice seed processing plant in Hunan Province and one in Jiangxi Province. After the completion of these rice seed processing plants, hybrid rice seed produced by Beijing Dabeinong will cover the major hybrid rice market in China, such as early rice, middle rice and late rice in the middle and lower reaches of Changjiang River, and South China rice market" reveals the company.

The rice seed processing plant in Hubei Province wins support from the local government. At present, domestic rice seed production bases are mainly located in Sichuan, Hunan, Jiangxi and Jiangsu, and the rice seeds used in Hubei are mainly introduced from other provinces, thus, Hubei government hopes to turn around this situation through this plant.

Different from corn seed production bases in China, rice seed production bases are quite scattered in China. Furthermore, owing to the complexity of hybrid rice seed production, many peasants are unwilling to produce hybrid rice seed by themselves. The hybrid rice seed production, especially the two line hybrid rice seed production, has been unstable in recent years, hindering the development of rice seed companies.

In the past, Beijing Dabeinong usually entrusted other rice seed production companies to produce rice seed for it, after it got listed in April 2010, the company decided to integrate the rice seed production business.

After the completion of these three rice seed production projects, Beijing Dabeinong would guarantee the quantity and quality of hybrid rice seed of the company, laying a solid foundation for the development of its hybrid rice seed business

Beijing Dabeinong got listed on 1 April 2010. The company issued 60.8 million shares (accounting for 15.2% of the total stakes of Beijing Dabeinong) at the price of USD5.1 per share.

Beijing Dabeinong is mainly engaged in business of feed, seed, agrochemical and animal protection, etc. Feed and seed are its major businesses, with the two accounting for 91.8% of its total revenue in 2009. Its revenue from feed business ranked third in China's feed industry in 2008.

Beijing Dabeinong's sales revenue from seed business (mainly rice seed business) was USD33.21 million in H1 2010, up 14.71% year on year. The hybrid rice seed from the company are widely applied in Jiangxi Province and Hubei Province.

■ Vatiety

Jimai 22, the biggest wheat variety in China

Jimai 22, a wheat variety bred by Crop Research Institute of Shandong Academy of Agricultural

Sciences (CRISAAS), has become the biggest wheat variety in China, with the planting area reaching 2.38 million ha. for 2010/2011 season, accounting for about 10% of the national total winter wheat planting area this season.

After passed the examination respectively from Shandong and the state in September 2006 and January 2007, the planting area of this variety has witnessed huge increase from 1.73 million ha. for 2009/2010 season to 2.38 million ha. for 2010/2011 season. It became the biggest wheat variety in Shandong in 2009 and the national biggest in 2010.

Jimai 22, a new kind of medium gluten wheat varieties, has outstanding features of great potential of high yield, high-quality, wide adaptability and strong anti-adversity. It is a kind of winter plants with mid maturation; its seedlings half creep. It has strong tillering ability and high spike rate per ha. The plant type is compact and the stem height ranges from 75cm to 80cm. The variety has good lodging resistance and comprehensive disease resistance.

"Jimai 22 is produced and marketed by Shandong

Luyan Seed Co., Ltd. (Shandong Luyan), a subsidiary of CRISAAS. After years of promotion, the variety now accounts for 40% market share in Shandong Province and 10% market share in China" reveals Mr. Wang from CRISAAS.

Besides Shandong, Jimai 22 was also promoted in Heibei, Henan and other surrounding provinces and regions. But the planting area of Jimai 22 in Hebei and Henan is much less over that in Shandong. Wheat seed R&D capability in Henan and Hebei is also very strong and most of the wheat varieties in these regions are bred by local wheat research institutes.

Jimai 22 is one of the leading wheat varieties in Hebei, but its planting area for 2010/2011 season is only about 133,000 ha. (the planting area of every leading wheat variety in Hebei is small), revealed by Mr. Cao from Hebei Agricultural Technology Extension and Service Center. And the planting area of Jimai 22 in Henan is even less than that in Hebei.

The price of Jimai 22 is very low like other wheat varieties in China. The retail price of Jimai 22 is about USD0.76/kg in this sales season.

Wheat is one of the most important crops planted in

11



China. The planting area of winter wheat hits 22.67 million ha. in 2010, increasing by 66,000 ha. over 2009, according to statistics released from Ministry of Agriculture. Henan, Shandong, Hebei, Anhui and Jiangsu are the top five wheat production provinces in China, together accounting for over 65% of the total wheat planting area in China.

Compared with corn seed, market concentration of wheat seed is much lower in China, mainly caused by low profit and inefficient technology of seed production, high proportion of self-saved seed, and insufficient intellectual property protection. Owing to low profit for seed production and sales, most seed companies don't take wheat seed business as their core business.

Shandong Luyan, founded in 1997 with a registered capital of USD1.51 million, is a joint-stock company first established by Shandong Academy of Agricultural Sciences (SAAS) as a wholly-owned subsidiary of CRISAAS. Taking advantages of scientific research and talent of CRISAAS, the company has produced and marketed lots of wheat seed, corn seed, cotton seed, soybean seed, etc., in Shandong Province and the surrounding provinces and regions.

PICTURE6: Jimai 22

Source: Shandong Luyan

■ Seed treatment

Wheat and corn dominate Chinese seed treatment market

As seed treatment can improve crop performance under unfavorable weather conditions and improve

crop unit yield, Chinese government has attached great importance to seed treatment. Central and local governments have been encouraging farmers to sow treated seeds, by providing technology training of seed treatment, agricultural machinery subsidies, and issuing related polices, etc.

Seed treatment technologies in China may be classified into physical treatment, chemical treatment, biological treatment, etc. Among them, chemical treatment (Treat seed with seed coating agents, pesticides or fertilizers) captures over 90% market share in China's market.

China consumed about 42,464.53 tonnes agrochemicals in seed treatment with total value of USD157.25 million in 2010. Wheat and corn are the most important crops in seed treatment market and they accounted for over 85% of total seed treatment in terms of market value.

Aided by governmental promotion, wheat seed treatment rate increased from about 60% in 2005 to about 75% in 2010. Total market value of wheat seed treatment in China was about USD79.28 million in 2010. However, some peasants still use seeds saved by themselves.

Chinese government has paid great

attention to corn seed treatment as corn is the most important raw material for feed production in China. It is regulated that only peasants using the coated corn seed can get the subsidies for improved varieties. Seed treatment rate of corn was about 80% in 2010, the highest among all crops, equaling to that of cotton. Corn seed treatment rate with seed coating agents was 54%, pesticides 25% and trace fertilizers 1% in 2010. Market volume and value of corn seed treatment in 2010 were 13,809.33 tonnes and USD55.43 million respectively.

Besides, there are several characteristics of seed treatment in China. First, seed treatment rate is higher in North China, the major production area of corn and wheat. Second, seed treatment rate is higher in large farmlands. As large farmlands need a great number of seeds, they may buy large numbers of seed treatment

TABLE4: Chemicals consumption value in seed treatment, 2010

CropsSeed coating agent,

‘000 USDPesticide,‘000 USD

Fertilizer,‘000 USD

Total,‘000 USD

Wheat 67,998.90 11,254.99 30.15 79,284.04

Corn 49,915.96 5,502.20 9.90 55,428.06

Rice 4,311.86 328.52 9.24 4,649.62

Cotton 4,279.19 87.61 0.79 4,367.59

Soybean 8,647.51 1,660.32 116.22 10,424.05

Others 2,256.10 777.09 57.53 3,090.73

Total 137,409.52 19,610.75 223.83 157,244.09

Note: The pesticide and fertilizer application dosage in this article means the usages in seed dressing, seed soaking and seed sealing but not in seed coating.Source: CCM International

12



agents and mixing machines to ensure seed treatment effect. Meanwhile, they pay more attention to seed treatment as they know more about seed treatment effect. For instance, seed treatment rate in Heilongjiang is much higher than other places, such as Henan and Shandong, thanks to its large area of farmlands.

With rapid development of seed market, domestic seed treatment industry is also becoming more and more

prosperous. However, many peasants still do not treat seeds in China at present, or only treat them with lime, mainly because they have no consciousness to treat seeds. Thus, the government should continue to make efforts to increase seed treatment rate and encourage seed treatment companies to develop new low-toxic and highly effective seed coating agents.

■ Brief news

Heilongjiang promotes plasma seed treatment technology

Heilongjiang made great progress in the promotion of plasma seed treatment technology in 2010. 630 sets of plasma seed treatment technology equipment were sold in 2010 and the demonstration area hit 0.67 million

ha.

As one of the "863" agricultural development projects of the Ministry of Science and Technology, the promotion for this technology was started in 2006. After the treatment, seed vigor and pest resistance increase, and the growing of seed is also promoted. More importantly, the crop output can increase by 10% after treated by this technology, according to Heilongjiang Agricultural Machine Extension Station.

Henan Goldoctor develops fast

The application of Henan Goldoctor Seeds Co., Ltd. (Henan Goldoctor) for getting listed in A-share market was denied by China Securities Regulatory Commission in 2011, but the company has achieved sound development

in recent years.

The company is one of the five legal companies to produce and market Zhengdan 958, and its revenue hit USD53.03 million and profit hit USD6.06 million in 2010. It has set 15 branches in 11 provinces throughout the country.

The main product for the company is Zhengdan 958. This corn seed performed well even under the adverse weather in 2010. Besides, the company was also promoting other 13 corn seed varieties such as Liyu 37 to reduce its dependence on Zhengdan 958. It has also been actively enhancing its business in rice seed, wheat seed, etc., and all these businesses achieved faster progress than corn seed business.

IRRI to set branch in Shenzhen

Dr. Robert S. Zeigler, director general of International Rice Research Institute (IRRI), visited Shenzhen on 25 and 26 Nov. 2010 to discuss matters related to setting a research branch in Shenzhen.

On 2 Oct. 2010, Shenzhen government and the Chinese Academy of Agricultural Sciences (CAAS) signed an cooperation agreement on the development of biotechnology breeding. On 12 Nov. 2010, CAAS applied to IRRI to set a search branch in Shenzhen and its application was approved by IRRI.

"Although agriculture accounts only a small portion of Shenzhen's GDP, close attention still needs to be paid to agriculture technology in order to become the biotechnology breeding center in China" says Mr. Yuan, deputy mayor of Shenzhen.

Koshihikari expands quickly in China

Koshihikari, a Japanese rice variety with excellent grain qualities, expands quickly in China. The rice variety is mainly planted in Northeast China and Jiangsu Province in China. In 2010, the variety was introduced to De'an

County, Jiujiang City, Jiangxi Province. The planting area of Koshihikari in De'an was about 3.33 ha. with the yield

13



of 8.50 tonnes. Growers reveal that they plan to plant the variety in 2011 as the price of the rice from the variety is much higher than other rice varieties in the region.

Commercialization of GM corn and GM rice not settled

"Although China has issued safety certificates to two GM rice variety and a GM corn variety, the exact time for commercialization of GM corn and GM rice is not settled" says Mr. Luo, dean of College of Food Science &

Nutritional Engineering, China Agricultural University, on an agricultural bio-technology and food security meeting.

China is the first country in the world to have issued safety certificates to staple crops such as rice. However, according to China's stipulations, the safety certificate, based on fair safety evaluation, doesn't mean GM rice and GM corn could be commercially planted, which requires production trials and registration.

Fujian Province bans GM rice sales

Fujian government released a notice in early Dec. 2010 to ban the planting, processing and marketing of GM rice in the province. However, the notice was withdrawn only a few days after released. Fujian government said that

too much attention that attached to this notice pushed it to withdraw it. It refused to release any other details.

Although the planting and marketing of GM rice have not been approved in China yet, Green Peace found that GM rice products and GM rice seed were marketed in nine provinces (including Fujian) in China, according to a survey conducted by Green Peace on April 2010.

"Monsanto Green Village" launched in Jilin

Monsanto donated USD200,000 to launch the "Monsanto Green Village" in Jilin in late 2010, which is the company's second project in China after the first in Hebei Province in 2008.

The program aims to educate farmers agricultural technology and boost recycling notion in the countryside. "Via implementation of the Monsanto green village program, we hope to support more farmers and advance agricultural development in China" says Mr. Eblen from Monsanto.

Besides, Monsanto also plans to develop crops varieties in the region. Northeast China (include Jilin), is the most important corn growing region in China, but Monsanto's domestic corn seed business is mainly focused on Southwest China at present.

Coverage ratio of improved seeds exceeds 95%

The vice Minister Zhang Taolin of the Ministry of Agriculture (MOA) stated on 30 Nov. 2010 that China witnessed a much higher breeding level of agricultural crop varieties, with a number of newly developed

varieties like super rice, compact corn and quality wheat. And the coverage ratio of improved seeds raised up to over 95%.

According to MOA statistics, the proportion of commercial seed supply has increased from 30% in mid 1990s to 60% at present, and that of both hybrid corn and rice has reached 100%. And they are all beautifully packaged and labeled for sale. Thanks to greatly improved quality of seeds, there are less lawsuits caused by seed quality problems. The qualified rates of hybrid rice and corn have reached over 95%.

China founds Seed Intellectual Property Rights Alliance

Under the initiative of the Ministry of Agriculture, China officially established the "China Seed Intellectual Property Rights Alliance" in Beijing on Nov. 30 2010 in a bid to strengthen the protection for intellectual

property rights in the seed industry.

The purpose of the Alliance is to carry out IPR transfer, cross licensing and coordinate application through multiple cooperation approaches, such as resource co-sharing, collaborative action and self-disciplined mutual assistance, etc.

14



Longping High-tech leads Sino-Indonesia joint hybrid rice program

Yuan Longping Agricultural Hi-tech Co., Ltd. (Longping Hi-tech), a leading rice seed company in China, leads an Indonesia and China joint hybrid rice program. The aim of the grogram, launched on 29 Dec. 2010 with the

effective research period of 2010 to 2013, aims to develop best hybrid rice variety for Indonesia.

According to the program, Indonesia will send its agricultural scientists and officials to be trained in China in Longping Hi-tech to develop hybrid rice varieties that adapted to the soil and natural condition for Indonesia.

Rice is a very important crop for Indonesia. The cooperation in hybrid rice research is expected to improve the average rice production level in Indonesia, and will eventually help it achieve a rice self-supplied level in the country.

Sponsorship

Main topics

Contact Us

Coco Yang Tel: 020-37616606 Fax: 020-37616968 Email: [email protected]

Web: http://www.cnchemicals.com/Event/Crop_Protection_2011/Eventhomepage.html

M&A in China's pesticide industry is underway Bright prospective of China's fluoric pesticide intermediate industry

Section 1: Hotspots and commercial opportunities of sub-industries of crop protection industry

Rice insecticides in China Bright prospect for seed treatment industry in China Innovative pesticides are what the world needs Flourishing industry of environmentally friendly formulations Waste treatment technology on pesticide technical production in China

Section 2: Trends and highlights of China's agrochemical marketing and strategies

Chain stores: potential distribution ways of agrochemicals in China Agrochemical companies' methods on asset-market integration in China Chinese agrochemical producers' expansion of overseas market Agrochemical market development in Latin America A Sustainable Route for Exporting Business of Agrochem Manufacturers in China

Section 3: Hotspots in global crop protection industry

Trends of global paraquat industry Skyrocketing development of North African agrichemical market China's way on GLP

Section 4: Seed R&D innovation and promising industries in China

Speeding up the commercial production of GM crops in China Chinese seed industrial policies, related problems and corresponding strategies

Participators list

Chairman

AgroCare , Roman Macaya, Ph.D. President

Workshop Leaders

Dr. Norman Lai (served Sinochem Fertilizer, BASF, CK Lifesciences, Sicpa Printing Inks, Zeneca and ICI, etc) Long Lu (Researcher of Shanghai Institute of Organic Chemistry,Chinese Academy of Sciences )

Partial Delegates

Agranova Ancom BioScience Sdn BhdBASFBayer CropScience Company Ltd.Hextar Chemicals Sdn Bhd.Interagro (UK) LtdINVISTA Sales & Services (Shanghai) Co., Ltd.Kwizda Agro GmbHCCM International Ltd.Chinese Academy of Agricultural ScienceFarm Chemicals InternationalHangzhou Tianchuang Waterpure Equipment Co., Ltd Hextar Chemicals Sdn Bhd. Hubei Sanonda Co., Ltd. Interagro (UK) Ltd INVISTA Sales & Services (Shanghai) Co., Ltd. Jiangsu Red Sun Group Co., Ltd. JIN XIU QIAN CUN ZHI BAO Agricultural Materials Chain (Beijing) Co., Ltd. Journal of World Pesticides Kwizda Agro GmbH Nutrichem Laboratory Co., Ltd. Pesticide Market News Shanghai Freemen Chemicals Co., Ltd. Shanghai Institute of Organic Chemistry Shenyang research institute of chemical industry Shenyin & Wanguo Securities Sinochem Shanghai Co., Ltd. SINVOCHEM The center for Chinese Agricultural Policy (CCAP)etc…

Seeking business opportunities in the reformations and transformations of crop protection industry in China

Pesticide News

China Crop Protection Summit 2011 On March 18th & 19th,Ramada Plaza Gateway Shanghai,China

Organizer: CCM International Limited

Day One – Friday 18th, March 2011

Workshop

Conference

Day two – Saturday 19th, March 2011

CCM International Limited 17th Floor, Huihua Commercial & Trade Building, No.80 Xianlie Zhong Road Guangzhou, 510070, P.R.China

Tel:+86-20-37616606

Fax:+86-20-37616968

E-mail: [email protected]

Website: www.cnchemicals.com

Date post:	13-Sep-2014
Category:	Education
View:	2,786 times
Download:	6 times

Seed China News 201101.pdf

Education