Newly-issued to prepare for SME New Hope Group shares

October 29 morning New Hope Group and Beijing New development of agricultural products AG Joint venture in Beijing to hold a signing ceremony of strategic cooperation. New Hope officially become the new strategic shareholder, has invested 106 million yuan, shares accounted for 15%.　　The new land is the largest agricultural product circulation market in Beijing, looking forward to the Shenzhen SME board in 2012.　　In accordance with the agreement, the two sides will build "capital National Agricultural Market" and "Beijing International Trade Center new Development of modern agricultural logistics Park", so that large base and large market effectively docking, the construction of agricultural and animal husbandry product production and marketing integration pattern, forming from cultivation, processing transport to market sales of the complete industrial chain Liu, chairman of the New Hope Group, said that China's agricultural industrialization development space is broad, the new hope will further increase market input, combined with capital market strength, promote the comprehensive transformation of the domestic three rural. He said that the new Hope Group in the Group Investment and Agricultural Industry fund investment, joint equity participation and support a series of agricultural enterprises in the transformation and development, is using capital bonds to lay the key link in the agricultural industry chain. (Securities Times Network News Center)