The company was established in August 2006 with registered capital of 100 million yuan. It is a national crop seed company specializing in crop variety breeding and seed production and operation, integrating breeding, propagation and promotion. After nearly 10 years of efforts, the company has continued to grow and has become a 'Leading Enterprise in Agricultural Industrialization in Hunan Province', a 'High-tech Enterprise in Hunan Province', a 'AAA Credit-rated Enterprise in China's Seed Industry', and an 'ISO9001:2008 Quality System Certified Enterprise'. The company's registered trademark is 'Longwang' (* trademark).
In scientific research, Academician Yuan Longping serves as technical consultant, with 'Changsha Hope Agricultural Research Institute' as the research and development leader. The research team is led by Professor Tang Wenbang, hybrid rice breeder and winner of the National Technological Invention Award First Prize and the Ministry of Education Technological Invention Award First Prize, as chief expert, and breeder Xiong Yuedong, breeder of the Y58S series varieties, as core expert. The company has also established close cooperative relationships with well-known domestic research institutes such as the Hunan Hybrid Rice Research Center and Hunan Agricultural University. The company already owns intellectual property rights such as Y Liangyou 1998, Y Liangyou No. 6, and Zhuliangyou 189, with a total of 21 rice and cotton varieties approved at the national and provincial levels. In the breeding of high-end profitable two-line medium rice varieties, it has reached international and domestic advanced levels.
In production, it has established and improved a quality assurance system from parental sources, production isolation, field impurity removal to harvesting, purchasing, fine processing, and inspection.
In marketing, through the 'consultant marketing' approach, it already has more than 3,000 major distributors in rice-growing areas of the Yangtze River Basin and South China. It has strong network, management, and technical service capabilities.
The company will adhere to Academician Yuan Longping's purpose of 'developing hybrid rice to benefit the people of the world', persist in combining industry, academia, and research, and devote itself to promoting China's agricultural development and increasing farmers' income, benefiting farmers and society.
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