LAIZHOU, China, July 23 /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 expanded its seed processing workshops and warehouses to 5,000 square meters with advanced production line for selection and packaging of seeds. This will improve the Company's efficiency and could increase the annual production capacity to more than 60 million Kg.
The Company has paid more attention to system automation since its establishment and new investment in the reformed production line project. The seeds selection and packaging workspace and the warehouse has been increased to over 5,000 square meters and its advanced production facility is now online and running. With the newly established technology and production capacity, the Company has enhanced itself to an entirely automated system control on terms of production.
On the other hand, with the expansion of the above-mentioned investment, and the development of technology, the Company paid more and more attention to "software" to increase its capacity, especially on the professional personnel. Currently, SZSN has 18 agronomists and 12 senior agronomists working in research and technology development for the Company.
"This is helpful to our company development, for the expansion of our investment in warehouse and production line," says Mr. Wang Zhigang, President of SZSN, "The input and renovations will not only improve our efficiency, but also consolidate our market strength in this industry. We can now offer sufficient and higher grade of products while strengthening our brand image. And all of these factors will drive the development of our company in this industry."
About 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"), grows, produces and markets 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".
Safe Harbor
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.