Dashang is one of two companies the update mentioned FOD was in dialogue with here is a little about them .......... High-quality farming and food security
Mr Wang said the attraction of Australian agriculture was its quality.
"Australia is the world leader when it comes to agriculture. Given its abundance of agriculture-related resources and environment, coupled with the strictest quarantine standards in the world, Australia has food security that is second to none," he said.
Mr Wang said Dashang, whose 2014 sales turnover was more than $36 billion, would have a superior standing in creating a supply chain.
"While there are other Chinese companies also investing in Australian agriculture, none have [a] capability and sales distribution network comparable to Dashang," Mr Wang said.
FOD Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held