Yuan Longping High-Tech Agriculture Co.Ltd(000998) Xinyangfeng Agricultural Technology Co.Ltd(000902) strategic equity participation in Longping biology

On April 10, state leaders inspected and investigated yazhouwan seed laboratory in Sanya City, Hainan Province, Xinhua reported. It is reported that yazhouwan seed laboratory was established in May 2021. Relying on and serving the national Nanfan scientific research and breeding base, it makes efforts in the fields of seed scientific and technological innovation and high-quality development of seed industry. At present, 20 academicians are preparing to build an innovation team here.

Public information shows that Longping Biotechnology (Hainan) Co., Ltd. is one of the governing units of the seed laboratory. As a unicorn in the field of biological breeding, the company has built technical platforms such as molecular biology, genetic transformation, trait analysis and backcross of four generations a year.

The two A-share companies are strategic shareholders of Longping biology. Tianyancha information shows that the central enterprise rural industry investment fund Co., Ltd. is the major shareholder of Longping biology, holding 34% Yuan Longping High-Tech Agriculture Co.Ltd(000998) holds 1733333% of shares and is the second largest shareholder Xinyangfeng Agricultural Technology Co.Ltd(000902) holds 6.667% and is the fifth largest shareholder. Other shareholders of Longping biology also include Sequoia Capital, Nanjing New Hope Liuhe Co.Ltd(000876) industrial investment center, partnership established by the founder team of Longping biology, etc.

At the same time, as a leading enterprise in the field of fine farming and comprehensive fertilizer service, it has always been committed to building a high degree of cooperation in the field of fine farming and fertilizer.

It is reported that as early as 2015, Xinyangfeng Agricultural Technology Co.Ltd(000902) cooperated with the National Hybrid Rice Engineering Technology Research Center and the team of Academician Yuan Longping to carry out the research, development and promotion of super rice special fertilizer Xinyangfeng Agricultural Technology Co.Ltd(000902) super rice special fertilizer was used in the 100 mu continuous demonstration planting of the National Hybrid Rice Engineering and technology center, which increased significantly and was recognized by Academician Yuan Longping.

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