On the Issues

EGG signed a Microtuber (MCT) supply agreement with China Heilongjiang Beidahuang Potato Group on 12 September 2014.  EGG will supply MCTs to China Heilongjiang Beidahuang Potato Group in 2015. Starting with this agreement, both companies will begin producing healthy vigorous seed potatoes for the market.

Beidahuang is a conglomerate of state-owned agribusinesses based in Heilongjiang, China. It was listed among the top 100 pilot enterprises of large sized enterprises in China. Total asset is over RMB 50 billion, with total sales income reaching RMB 26.8 billion, ranking first among the top 500 large-scale agricultural enterprises. Total land area is 5.5 million ha (12% of the total area of Heilongjiang province). The cultivated land per capita is 1.34 ha, 16.4 times of the national average.

In 2015, EGG signed a Memorandum of Understanding (MOU) with China Heilongjiang Beidahuang Potato Group.

The agreement was signed for the “establishment of seed potato production joint venture”. Both companies have developed strong business relationship resulting in the MOU. Starting 2015/16, two companies will produce and supply various varieties of seed potatoes based on the agreement.

Beidahuang is a conglomerate of state-owned agribusinesses based in Heilongjiang, China. It was listed among the top 100 pilot enterprises of large-sized enterprises in China. Total asset is over RMB 50 billion, with total sales income reaching RMB 26.8 billion, ranking first among the top 500 large-scale agricultural enterprises. Total land area is 5.5 million ha (12% of the total area of Heilongjiang province). The cultivated land per capita is 1.34 ha, 16.4 times of the national average.

EGG signed a Memorandum of Understanding (MOU) with Agroidea, a Colombian company on 8 November 2013. EGG and Agroidea will cooperate on business development in Central and South America. Starting this year, EGG is expected to export mostly Colombian variety microtubers to Agroidea.

Agroidea is a leading tissue culture company in Colombia, owned by the Nannetti family.  The Nannetti family acquired the Floramerica-Sunburst group of companies from Dole Food Company in 2009. Nannetti family created FCG, the Flores Colombianas Group in 2007.

Sunburst Farms possesses a scale and diversity of products that is virtually unmatched in the global flower industry. The advantages of Sunburst Farms include advanced logistics capabilities such as a daily chartered flight from Bogota to Miami, and the company's own refrigerated in-house U.S. Customs clearing facility, which is the only one in the United States.