The company was approved by the Xinjiang Production and Construction Corps on April 20, 1998 by the Recruit Letter [1998] No. 17, exclusively initiated by the Xinjiang Aksu Agricultural Reclamation Agricultural Industry and Commerce Joint Corporation, and approved by the China Securities Regulatory Commission with the “Notice on Approving the Public Offering of Shares by Xinjiang Tarim Agricultural Comprehensive Development Co., Ltd.” (Securities Regulatory Issue [1999] No. 32). The company's main business is processing and sales of seeds and their by-products, processing and sales of deep-processed licorice products, and breeding and sales of fattening cows. The main business products are seed cotton, raw grain, hairseeds, lint, licorice extract, licorice extract, licorice extract powder, liquid flavonoids, licorice cream, beef cattle, etc.