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Corporate Social Responsibility & Sustainability in China

Corporate Social Responsibility in China

AgFeed Named Safe Animal Food Supplier In China

February 2, 2007
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Health

AgFeed Industries, a manufacturer, marketer and distributor of animal nutrition products targeting China's vast and growing animal feed market, has been honored as one of China's Top Ten Suppliers of Safe Animal Food.

AgFeed won the award in the Safe Agricultural Products category by the China National Agricultural Wholesale Market Association, China's agricultural channel CCTV-7, and China Agricultural Movie & Television Association.

Junhong Xiong, CEO of AgFeed, commented, "Safe animal food is essential for healthy animal growth and food safety for humans. As China's standard of living continues to rise, demand for high quality meat product is increasing dramatically. AgFeed is proud to receive this national recognition. As a leader in China's vast animal nutritional food market, AgFeed adopts strict quality-control procedures to ensure product safety. As we continue to aggressively grow our business and expand our market shares in China, we will continue to set the quality standard for China's vast animal feed pre-mix market."

The China National Agricultural Wholesale Market Association, an affiliate of the State-owned Assets Supervision and Administration Commission, is a national professional association founded with the approval of the Chinese Ministry of Civil Affairs. Under the directives from the Ministry of Commerce, China National Agricultural Wholesale Market Association is an organization of national and regional wholesale and retail markets of agricultural by-products, as well as enterprises, educational institutes, social groups and individuals in the industry.

A U.S. company under U.S. corporate governance, AgFeed is one of the first China-based animal feed and nutritional product company publicly traded in the U.S. Through its operating subsidiaries which were started in 1995 in China, AgFeed is a leading manufacturer, marketer and distributor of animal nutrition products targeting China's vast and growing animal feed market. AgFeed is one of the top players in the pre-mix market for pork by sales volume in China's eastern provinces. China's animal feed market was worth US$34.6 billion in 2005 according to China Feed Industry Association.

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