A good time for capital to enter the seed industry has arrived
"Social capital entering the seed industry is entering a good period this year." On October 15, the second investment cooperation roundtable of the Modern Seed Industry Development Fund was held in Beijing, and attending representatives made the above judgment at the meeting.
Liao Xiyuan, deputy director of the Seed Management Bureau of the Ministry of Agriculture, said at the meeting that currently, seed industry policy has developed from the original stage of innovative design to the stage of taking root, and the positive energy of policy for seed industry development is more to be expected; since the beginning of this year, inventory pressure in the seed industry has been gradually decreasing, the promotion speed of new varieties will accelerate, and industry development is in an upward period of rebounding from the bottom; after years of survival of the fittest, the uncertainty of social capital investment is decreasing, and the target enterprises that social capital can support are becoming clearer. Therefore, now is a good period for social capital to enter the seed industry and for seed industry funds to develop greatly. At the same time, it is also a critical period for seed enterprises to use social capital to accelerate development. The development of seed enterprises shows a new pattern of intensified differentiation, accelerated mergers and acquisitions, and faster restructuring. Each enterprise needs to further clarify its strategic positioning, find its place in the seed industry chain, and identify the right breakthrough point.
Liao Xiyuan said that social capital entering enterprises should focus on three aspects: first, support enterprises in becoming bigger and stronger, more specialized and refined, and strive to build the backbone of the national seed industry and a seed industry aircraft carrier; second, support the reform and development of the seed industry, support the restructuring and reform of enterprises run by state-owned enterprises and scientific research institutions, improve governance structures, and stimulate development vitality; third, support the construction of seed industry innovation platforms, and improve the basic conditions and operating mechanisms of molecular breeding platforms, e-commerce platforms, and seed industry scientific and technological achievement trading platforms. He hoped that the Modern Seed Industry Fund would fully play the role of a "seed fund," connect with more social capital, provide enterprises with broader and stronger value-added services, help enterprises clarify development ideas, introduce professional talent, and provide enterprises with comprehensive financial instruments.
Zhu Shunquan, chairman of Modern Seed Industry Development Fund Co., Ltd., disclosed at the meeting that since its establishment one year ago, the seed industry fund has gradually become an important promoter of mergers and acquisitions, transformation and upgrading, and institutional and mechanism reform and innovation in the seed industry. It has now determined 8 investment projects, with an investment amount of more than 300 million yuan. In the future, investment methods should achieve three combinations: combination with industrial capital, combination with financial capital, and combination with social capital, forming a strong joint force to promote seed industry development in helping enterprises clarify ideas, provide value-added services, and build comprehensive financial instruments.
This roundtable was hosted by Modern Seed Industry Development Fund Co., Ltd. and Beijing Xiannong Investment Management Co., Ltd., and co-organized by Farmers' Daily. More than 70 people attended the meeting, including relevant responsible persons from integrated breeding, propagation and promotion seed enterprises certified by the Ministry of Agriculture, enterprises restructured from scientific research units, enterprises to be invested in, and industrialization leading enterprises, as well as representatives of shareholders and initiators of the Modern Seed Industry Development Fund.