Grain is a long-lasting business of HBGGFSC as it is associated with our mission in achieving food security. Barley, peanut and flaxseed are our main grain products, which have a 100,000-ton annual importing values USD 40 million. The company has been running a peanut importing business for 2 years. Furthermore, we are also opening new market in grain business. Aside from domestic selling, HBGGFSC holds 51% share of Hebei Jiliang Sihai Development Industrial Co., Ltd. Hebei Jiliang Sihai Development Industrial Co., Ltd. is a malting company and capable to produce 200,000.00 tons of brewing malt every year. The Jiliang Sihai has signed long-term contracts for supplying brewing malt to several Chinese leading brewery companies including CR Snow, Tsingtao and Yanjing, thus we now have a growing need for brewing barley. Flaxseed is also a preferred product for us to import and sell in domestic market.
