Brunei’s Department of Agriculture and Agrifood, Ministry of Primary Resources and Tourism (MPRT) and China’s Yuan Longping High-Tech Agriculture Co Ltd, have signed a Memorandum of Understanding (MoU) on cooperation in the field of agriculture. According to local media on Tuesday [21 November 2017], the signing of the MoU aims to strengthen and advance cooperation in the field of agricultural development and food security for the mutual benefit of both sides…Full Article: Xinhua Nov 2017

Key Point

  • The MoU between Brunei and Yuan Longping High-Tech Agriculture focused on increased cooperation in advanced crop breeding and seed production.

ChinaAg Comments

  • In November 2017, Gansu Province held investment promotional event in Brunei.
  • Established in 1999 and headquartered in Changsha, Hunan Province, Yuan Longping High-Tech Agriculture (SHE:000998) produces and distributes specialized crop seeds. These include hybrid rice seeds, hybrid pepper, hybrid rapeseed, hybrid corn, hybrid cotton, musk melon and vegetables. The company manages various subsidiaries including Hunan Longping High-tech Nongping Seeds, Hunan Xiangyan Seeds, Hunan Longping High-tech Cotton & Rape Seeds, Agrochemical Development Company, Hunan Nongwei Science and Technology, Hunan Kangyida Science and Technology, and Hunan Longke Agricultural Materials.

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