Jiangsu Huifeng Agrochemical (JHA) received RMB70 million from a domestic PE institution-Beijing Huida Jiuding Investment & Management Company (Jiuding Capital). This indicates the increasing focus of PE firms in agriculture and related industries.

Based in Yancheng city, Jiangsu province, JHA is a provincial star company and a backbone enterprise in China's Agriculture and Chemicals industry. It mainly manufactures pesticides for transgenic crops, and becomes one of the top domestic enterprises in this field. JHA has carried out a long-term cooperation with a number of multinational companies. In addition, the company took No. 1 slot in manufacturing prochloraz amines & bromoxynil (its two flagship products). Indeed, JHA is a typical leading company in China's Agriculture industry.

According to JHA Chairman Hangeng Zhong, with the help of the investment from Jiuding Capital, JHA is capable of achieving a leapfrog development. In 2009, JHA will get listed in the A-share market. Then it strives to become a transgenic pesticides manufacturer integrating R&D, production, and sale within five years and occupying a strong international competition.