China's Hainan to build modern breeding platform, report
BEIJING, Aug. 25 (Xinhua) – South China's Hainan Province will build its Nanfan Scientific and Research Breeding Base into a national modern breeding platform, the Farmers' Daily reported on Monday quoting vice minister of agriculture as saying.
Hainan Nanfan Scientific and Research Breeding Base leads research and development of China's modern seed industry and plays an indispensable role in the country's seed breeding and production.
Grand Agriseeds Technology (300189.SZ), the only listed seed company inHainan, is expected to benefit directly from construction of the national breeding base. Meanwhile, investors should pay attention to the local agricultural enterprises such as Luoniushan (000735.SZ), Hai Nan Yedao (600238.SH) and Geo-jade Petroleum Corp. (600759.SH). (Edited by Liu Xiaoyun, firstname.lastname@example.org)