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Fei Xiaomei (right), vice-director of Jiading district, attends the launch ceremony. [Photo/jiading.gov.cn] |
Shanghai Xueyuan Technology Development Co, an agricultural enterprise in Anting town, Jiading district, went public on the Shanghai Equity Exchange on Nov 21. It is the ninth enterprise listed on the market from Anting. Fei Xiaomei, vice-director of the district, attended the launch ceremony.
The company, founded in August 2011, focuses on farming, processing and selling cereal products branded "Renguoguo". It enjoys fast sales growth on e-commerce platforms such as Tmall, Jingdong and Yihaodian.com.
In order to expand its self-owned planting and processing base, the company has also invested in a cereal base in Henan province, covering an area of over 10,000 square meters. It has established a cereal industrial chain combining planting, research and development, processing and selling.
With the aim of developing small and medium-sized enterprises, the town has introduced a string of financial projects, including equity investment, small loans, commercial factoring, finance lease and Internet finance. After the company goes public, it will not only make contributions to the economic development of the auto city, but also lead the development of the new agricultural economy.