On June 29, Silicon Paradise Venture signed an agreement with Hubei Green World Environmental Protection Technology Joint-Stock Co., Ltd. (Green World), planning to invest about RMB20M to the latter.

Green World is well-known in Wuhan city amongst the Environmental Protection sector. Its environment-friendly flowerpots, which gain favor from the VC firm, are mainly made up of agricultural wastes like peduncles and straws, and fallen leaves. The flowerpot contains two layers: the internal layer will be transformed as fertilizers for flowers and grasses; the external layer will be decomposed in the nature with the flowers and grasses fading.

Rongjun Le, President of Silicon Paradise Venture in the Middle China Region, they are very impressive of the development potential of the environment-friendly products Green World produces, including one-off fast-food bowls, paper-made pop cans, biodegradable trays besides the environment-friendly flowerpots. The preliminary investment amounts to RMB20M.