 QINGDAO, June 18 (Bernama) -- Sinofert Holdings Limited, the biggest fertilizer company in China, on Friday opened its first one-stop superstore selling agricultural production materials and technological and financial services to farmers in Pingdu city, east Shandong Province.
The new agricultural superstore, with an investment of 30 million yuan (US$4.4 million), integrated retail, distribution, technology and finance services, Xinhua quoted the company as saying.
Farmers could buy all agricultural materials, including fertilizers, pesticides, seed and farm machinery, and obtain small loans and other financial or technological services in one go, said Feng Mingwei, deputy general manager of Sinofert.
He said Sinofert would expand the number of agricultural superstores to 100 across the country by the end of 2012.
With an annual production capacity of 10 million tonnes of fertilizer, Sinofert now has more than 2,000 distribution centres.
-- BERNAMA |