On April 9, Dunhuang Seed Pioneer Hi-Bred Company Ltd. hold its cornerstone laying ceremony in Jiuquan industrial park,Dunhuang Seed Pioneer Hi-Bred Company Ltd. is a joint venture estabulished by Gansu Dunhuang Seed Co., Ltd and Pioneer Hi-Bred International, Inc.
The whole investment of Dunhuang Seed Pioneer HI-bred Company Ltd. is 200 million dollars, Dnhuang Seed occupies 51% of shares and Pioneer occupies 49% of shares, the joint venture engage in research and development, production, processing, selling and other related business of hybrid corn seed.
Gansu Dunhuang Seed Co., Ltd has 25 sub-companies including seed, cotton and agricultural products processing, it is one of the Leading Key Company of Agricultural Industrialization Strategy approved jointly by eight state ministries including the Ministry of Agriculture.
Dupon founded in 1802, and listed as No.47 in Fortune 500 companies, Pioneer Hi-Bred International, Inc. is a sub-company of Dupont, it enjoys the most advanced seed processing technique and equipment, better seed resources, highly advanced seed breeding technique and professional management talents. Their sales volume of hybrid corn seed takes 40% of North America and 20% of world.
