At AgFeed, we are committed to maintaining the highest standards in corporate governance. We strive to ensure that our business practice is in compliance at all times with applicable laws and regulations in any country where we conduct business. Our Board and Advisors include seasoned securities industry executives and former industry regulators that help guide our growth. We have also developed our Code of Conduct.
World Class Management Team and Advanced R&D Capabilities
Since management founded the Company in 1995 with $10,000 in personal funds, the same steady management team has grown the Company into a multi-million dollar business. Headed by Chairman and founder Songyan Li, Ph.D., the Company's senior managers have MBAs or advanced degrees in animal nutrition. Dr. Li is the former China head of technology for European animal feed conglomerate Provimi (2006 sales 1.6 billion euros. www.provimi.com). On new product development, the Company collaborates with its technical advisor, Professor Bud Harmon of Purdue University, a renowned US animal feed industry expert.
Efficient Management Team Delivers Superb Growth and Profit Margins
The Company markets agricultural technology focused premix animal feed, which on average carries net profit margins of 20%, compared to blended feed manufacturers with less than 4% in net margins. Premix feed products consist of vitamin and mineral based nutrients that balance an animal's nutritional intake at various stages of growth and enhance the quality of meat produced. The use of premix guarantees to significantly reduce the growth cycle for animals (an example: natural growth for a pig is about 12 months, with premix, it takes 5 months from piglet to market size of over 200lbs).
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