MySheen

Modern seed industry development fund investment scale reached 350 million yuan to drive other cooperatives

Published: 2024-11-22 Author: mysheen
Last Updated: 2024/11/22, The Modern Seed Industry Development Fund jointly initiated and established by the Ministry of Finance, the Ministry of Agriculture, Agricultural Development Bank and Sinochem Group has been in operation for more than one year, and its business has been continuously expanded, and preliminary results have been achieved in promoting the integration and reorganization, transformation and upgrading of seed enterprises and mechanism innovation. as of

The Modern seed Industry Development Fund, jointly launched by the Ministry of Finance, the Ministry of Agriculture, the Agricultural Development Bank and the Sinochem Group, has been expanding its business for more than a year, and has achieved preliminary results in promoting the integration and restructuring, transformation and upgrading of seed enterprises, and mechanism innovation. As of November 30, 2014, the Modern seed Industry Development Fund has completed the examination and approval of 10 investment projects, with an investment scale of 350 million yuan, driving other social capital of 460 million yuan.

One is to participate in the targeted additional issuance of listed seed companies such as Longping Hi-Tech and Agricultural Development seed Industry, to give full play to the influence of seed funds in the seed industry, and the other is to participate in enterprises such as Jiangsu Hongqi seed Industry and Henan Qiule seed Industry to promote the integration of industry and capital. to realize the listing of enterprises on the new third board The third is to participate in the seed industry enterprises such as Shandong Luyan, Guangdong Golden Rice, Jiangsu Hongqi seed Industry and Sichuan single seed Industry in coordination with the China seed Group, Golden Nonghua and Jiangsu seed Industry Fund, so as to drive social capital into the seed industry; fourth, to participate in investment in projects such as Aizong.com and local seed industry funds in Jiangsu and Anhui, innovate the marketing network of seed industry, and explore new ways of financial support for agriculture.

 
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