Sino Agro Food, Inc. (SIAF) is an agricultural business focused on developing, producing and distributing high margin agricultural products in the People’s Republic of China.
In P.R.C. the rapid progress of industrialization of the last decade has unbalanced the needs of developments and activities of the agriculture industry, (i.e. diminishing of agriculture land, scarcity of farm laborers, industrial pollution and the generally over usage of chemical etc.). Therefore the P.R.C. Government has in recent years directed many incentive schemes and policies with the aim to revitalize and to modernize its agriculture industry.
The Company intends to focus on meeting the increasing demand of China’s rising middle class for gourmet and high quality food. Current lines of business include fisheries, dairies, and agricultural production of capers and sod with the direct association of modern fishery and cultivation technologies.
The Aquaculture Fishery is undertaken by Capital Award, Inc.(CA). CA engages in the promotion, development and management of Modern Fishery Projects. CA operates primarily in China, where it owns the Master Licensee of A Power (AP) Technology, a commercially proven fishery model of the Re-circulating Aquaculture System (RAS). A began operating in 2004. As of 31st July 2007, it had accumulated net tangible assets of US$19.7 million. CA’ primary revenues to date has been from licenses sold to Chinese Investors with substance, Company’s strategy going forward is to develop fish farms with A Power Modules.