Chaoda Modern Agriculture

Chaoda Modern Agriculture (Holdings) Limited
超大現代農業(控股)有限公司
Company typePublicly owned company
SEHK682
Industryagricultural products
Founded1997
Headquarters,
Area served
People's Republic of China
Key people
Mr. Kwok Ho (CEO)
Websitewww.chaoda.com.hk

Chaoda Modern Agriculture (Holdings) Limited is a publicly owned company in the production and distribution of ecologically grown vegetables and other agricultural products. It is headquartered in Fuzhou, Fujian province, China.[1][2]

Chaoda was started in 1994 by Kwok Ho, after initial business interests with the People's Liberation Army.[3]

Chaoda was listed on the Hong Kong Stock Exchange in 2000.

Chaoda is listed on the OTCQB Markets.[4]

Suspicion of Fraud

During 2011, it was the subject of various allegations of fraud and of insider trading by its executives, which have resulted in heavy falls in its share price. [5] In February 2015, Chaoda started to trade again on the SEHK.

Business

The company exports a variety of vegetables such as Bell Peppers, Broccoli, Carrot, Cauliflower, Cherry Tomato, Chinese Cabbage, Chinese Radish, Choi Sum, Cucumber, Eggplant, Hot Peppers, Iceberg Lettuce, Loquat, Melon, Onion, Potato, Pumpkin, Sugar Snap Peas, Summer Squash, Sweet Corn, Sweet Potato, Tangerine, Watermelon and Welsh Onion.[6]

See also

References

  1. ^ About us Archived January 1, 2009, at the Wayback Machine
  2. ^ Chaoda Modern Agriculture (Holdings) Ltd
  3. ^ The Industrialized Peasant, Forbes, 2007
  4. ^ "OTC Markets | Official site of OTCQX, OTCQB and Pink Markets".
  5. ^ O'Keeffe, Kate; Chiu, Joanne (2011-09-30). "Chaoda: Execs Deny Insider Dealing Charges". The Wall Street Journal. Retrieved 2011-10-11.
  6. ^ "Archived copy". Archived from the original on 2010-04-15. Retrieved 2010-04-04.{{cite web}}: CS1 maint: archived copy as title (link)