Development of Wanxiang Denong Co., Ltd.

Wanxiang Denon Co., Ltd. was established in September, 1995. Approved by the Economic System Reform Committee of Heilongjiang Province, it is legally registered in Heilongjiang Administration for Industry and Commerce with a registered capital of 60 million yuan. In June 2000, Wanxiang Denong introduced strategic investors such as Wanxiang Group Company through equity transfer, and successfully listed on the Shanghai Stock Exchange in September 2002, with its registered capital increasing to 654.38+55 billion yuan. Successfully entered the corn seed industry in 2003; On June 24, 2004, Wanxiang Sannong Co., Ltd. became the largest shareholder of the company, holding 94.86 million shares, accounting for 56.85% of the company's total share capital. At present, the company is a key leading enterprise of agricultural industrialization in Heilongjiang Province, a provincial-level high-tech enterprise, the governing unit of "Fermentation Industry Association", the management institution of deep processing industry of agricultural products in China, and the standing governing unit of the School of Biological Engineering of Wuxi University of Light Industry (now Jiangnan University).