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Jiangsu Hongqi Seed Industry Co., Ltd. is a state-owned seed enterprise integrating rice, wheat and corn breeding, improved seed breeding and seed marketing. It was established in 2001 with a registered capital of 105.81 million yuan. The company has the right to import and export seeds, and holds the integrated seed business license of "breeding, breeding and promotion" issued by the Ministry of agriculture. The company is a key leading enterprise of agricultural industrialization in Jiangsu Province, a high-tech enterprise in Jiangsu Province, a key enterprise of seed industry in Jiangsu Province, an agricultural science and technology enterprise in Jiangsu Province, and an enterprise with "AAA" credit rating of China Seed Association. The company has been rated as an enterprise "abiding by contracts and keeping promises" for 18 consecutive years, and has been rated as "AAA" credit rating for 18 consecutive years. It is the sixth governing unit of China Seed Association . The brand of "red flag" has been rated as a famous trademark of Jiangsu Province. The seeds of "red flag" sell well in more than 200 counties (cities, districts) of 19 provinces (cities) in China, and are praised as "safe seed" by the common people. On October 30, 2014, Jiangsu Hongqi Seed Industry Co., Ltd. was officially listed on the "new third board" with the stock abbreviation of "Hongqi seed industry" and the stock code of "831232".