Corporate Profile

Based in Shanghai, China, Guangzhao Industrial Forest Biotechnology Group Limited ("Guangzhao" or "the Group") is engaged in the tissue culture and propagation of plantlets and saplings, of which its main product is the Guangzhao Fast-Growing Poplar. This unique poplar is able to grow at twice the normal rate and can also thrive in conditions where the soil is arid or saline. Currently, its tissuecultured poplar is planted in over 18,600 hectares spread across eight provinces in China for eventual harvest and sale to the pulp or timber industries.

Building upon its successful commercialisation of tissue culture for poplar trees, the Group has in recent years begun supplying plantlets and saplings of other plant species both within China and Southeast Asia. These include Jatropha curcas, orchids, tropical fruit such as banana and nonpoplar trees such as the Oriental Fir. Established in 1999, Guangzhao was listed on the Singapore Exchange in July 2004. The Group's founders believe that tissue culture of plants will not only yield commercial rewards for its shareholders and other stakeholders, but will also contribute positively to environmental preservation.