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China Proposal Stocks: Agricultural Biotechnology Company-China Crown Agricultural Agria Corporation (GRO) (2005)

Zhongguan Agriculture (Huaao Species Company) (NYSE: GRO) was founded in 2005 and is headquartered in Kowloon, Hong Kong, with 2,177 full-time employees. It is a global agricultural company.

Agria Corporation Logo

China Crown Agriculture Agria Corporation (GRO):

Agria Corporation is a global agricultural company that operates in 3 divisions:

  1. Seeds and grains: engaged in the research and development, production and sales of various seeds, as well as the global trading of seeds and grain products;
  2. Nutritional products for crop protection: Responsible for operating large retail chain stores, providing various agricultural input materials;
  3. Rural services: provide various agricultural services such as livestock, wool trading, irrigation pumping, and housing agency.

China Crown Agriculture Group Corporation uses gene mutation and transgene technology as means to develop animal species, plant species and crop species involved in modern agriculture through species improvement and species purification.

The history of Agria Corporation (GRO):

On November 8, 2007, China Champion Agriculture Group Co., Ltd. was officially listed for trading on the New York Stock Exchange under the trading code “GRO”. It became China’s first agricultural technology company to go public in the United States. Its IPO price was US$16.5.

On September 28, 2011, the company announced that in order to keep the financial report consistent with its largest subsidiary PGG Wrightson, China Champion Agriculture will change the fiscal year end date from December 31 to June 30 each year.

On July 14, 2015, the company’s subsidiary PGG Wrightson Limited acquired a 50% interest in Agrocentro, Uruguay.

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