SIAF focus on investment of the prosperous agriculture and agro-base businesses in China and related Asian eare. To day, it has completed the merger and acquistitions of 4 businesses located from Hunan, Hebei to Guangdong, covering Aquaculture fishery, Diary, Cattle and Forage Production, Turf Plantation and Agriculture Technology and HU Plantation and Horticulture Technology and is negotiating the coorperation of other 2 projects.

What the company achieved in 2007?

    Completed arrangements on current acquisitions, including all mentioned businesses.

    After the said acquisition,the Company’s Consolidating account is showing:

        NTA exceeding US$58 million

        Sales over US$21 million

        EBITDA of over 12 million

        Loan debt / Equity ratio at 1/8 resulted of 2007

   Achieved good results in recruiting young members of quality corporate and management teams

   Successfully planted over 165 acres of Bean Cappers that are growing strongly.

   Secured over 1,700 acres of quality land bank under Land Usage Right for tenure more than 30 years.

• Established the diary as “the one and only “ certified organic milk producer of the Country.
• Established the turf growing technology as one of the best innovative pioneers of the Country.
• Established the Forage processing technology as one of the country’s best technology in producing the most suitable forage for the growing of cattle.
• Captured the Ride on the waves of the agriculture reform in China under favorable Government policies.

What are the goals for the company for 2008?

• To establish a value added processing and packaging plant for the diary.
• To process up to 15 tons of value added diary products per day.
• To fully develop up to 660 acres of Bean Cappers and soil-less turf.