Welcome to Guangzhao Industrial Investor Relations
Based in Shanghai, the People's Republic of China, Guangzhao Industrial Forest Biotechnology Group Limited ("Guangzhao" or "the Group") is engaged in tissue culture and propagation of plantlets and saplings. Its main product, the Guangzhao Fast-Growing Poplar, is a unique poplar which is able to grow at twice the normal rate and reach a height of 16-20 metres within four to five years. Currently, its acquired pine and tissue-cultured poplar are planted in over 18,600 hectares spread across eight provinces in the PRC for eventual harvest and sale to the pulp, board-making and timber industries.
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Listed on Main Board of Singapore Exchange on 5 July 2004
1st Agro-biotech company in the forestry sector to be listed on Main Board of Singapore Exchange
Issued 128 million new shares @ $0.22 each
P/E Ratio @ IPO Issue Price = 10.12 X
Net proceeds raised = S$25.2 Million
