LAIZHOU, China, Aug. 3 /Xinhua-PRNewswire/ -- Shandong Zhouyuan Seedand Nursery Co., Ltd. (OTC Bulletin Board: SZSN) ("SZSN" or "ParentCorporation") which is incorporated in the State of Delaware, announcedthat its operating subsidiary company in China, Shandong Zhouyuan Seed andNursery Co., Ltd. ("Zhouyuan" or "the Company"), had signed a new sales anddistributions agreement with Qingdao Pingdu Jin Qiu Le Seeds Company ("JinQiu Le") on August 1, 2007. Jin Qiu Le is authorized as exclusive sales agent to sell and promoteZhouyuan's products in Pingdu area, and has promised not to sell any otherseeds of the same series provided by other companies in this region. It isexpected to complete the sales of about 2,500 Kg wheat seeds, 10,000 Kg newkinds of corn seeds and 25,000 Kg old ones for one year. "Through Jin Qiu Le, the new established network in Pingdu area, wefurther strengthen our distribution capacity in Shandong province," saysMr. Wang Zhigang, President of SZSN, "Our next strategy is movingaggressively to set the most efficient networks in order to lead the seedindustry in China. Based in Shandong, we continuously seek everyopportunity outside." About Shandong Zhouyuan Seed and Nursery Co., Ltd. Shandong Zhouyuan Seed and Nursery Co., Ltd. (SZSN) is the large-sizedhi- tech corporation, which is incorporated in the State of Delaware underthe laws of United States. SZSN, through its operating subsidiary, ShandongZhouyuan Seed and Nursery Co., Ltd. ("Zhouyuan"), grows, produces andmarkets seeds with high starch content for use in industrial foodproduction in China. Zhouyuan was organized in 2001 in China under the lawsof the People's Republic of China, and is located in Laizhou, Shandongprovince. Its business covers the agriculture seeds development anddistribution over more than twenty provinces in China. Now Zhouyuan ranksas one of the top three seed producers in the Laizhou District, which isknown as the "Seed Valley of China". Safe Harbor A number of statements referenced in this Press Release, and in ourwebsite, are forward-looking statements, which are made pursuant to theSafe Harbor Provisions of the Private Securities Litigation Reform Act of1995, and within the meaning of Section 27A of the Securities Act of 1933and Section 21B of the Exchange Act of 1934. Any statements that express orinvolve discussions with respect to predictions, expectations, beliefs,plans, projections, objectives, and goals, assumption of future events orperformance are not statements of historical fact and may be"forward-looking statements." Forward looking statements are based onexpectations, estimates and projections at the time the statements are madethat involve a number of risks and uncertainties which could cause actualresults or events to differ materially from those presently anticipated.Forward-looking statements in this Release may be identified through theuse of words such as "expects," "will," "anticipates," "estimates,""believes," or statements indicating certain actions "may," "could," or"might" occur. Such statements reflect the current views of ShandongZhouyuan Seed and Nursery Co., Ltd. with respect to future events and aresubject to certain assumptions, including those described in this release.These forward-looking statements involve a number of risks anduncertainties, including the timely development and market acceptance ofproducts, services, and technologies, competitive market conditions,successful integration of acquisitions, the ability to secure additionalsources of financing, the ability to reduce operating expenses, and otherfactors. The actual results that the Company achieves may differ materiallyfrom any forward-looking statements due to such risks and uncertainties. Shandong Zhouyuan Seed and Nursery Co., Ltd. does not undertake anyresponsibility to update the "forward-looking" statements contained in thisnews release.
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