COMPANY

History

2016 ~ Now

2021

January / Registered as a venture corporation according to Article 25 of the Act on Special Measures for the Promotion of Venture Businesses

2020

January / Designated as a Promising Export Firm by the Small & Medium Business Administration, Republic of Korea
June / Merger and Acquisitions of Samsung Seeds Co., Ltd.
July / Warehouse expansion of the headquarter
July / Designated as a promising small and medium-sized enterprise(SMEs)
September / Selected as a MAIN- Biz

2019

January / Establishment of joint venture BJ Agro-Berg Earth Co., a Japanese NASDAQ listed company that specializes in seedlings
June / Applied for breed protection of Bombaram (Onion breed)
August / Land purchase for an expansion of Anseong breeding institute
August / Capital increase for value – capital transition of KRW 567.5 million (USD $486,360) (convertible bonds of 7,000 normal shares)
October /Signed business agreement with Jeonnam Agricultural Research & Extension Services – Industrialization of onion breed development.

2018

January / Joined the Korean Seed Association (KOSA) as a first Jeju Native Company
February / Opened the second Anseong research institute
March / Land purchase to establish Yeongam onion breeding institute
October / Merger by absorption of Yangpanara Co., Ltd.
December / Final completion of Anseong breeding laboratory and greenhouses

2017

January / Carried out stage 2 research business project GSP (Golden Seed Project) for early-growth labor-reducing Tangerine variety under the auspices of the Ministry for Food, Agriculture, Forestry and Fisheries (total business duration of 60 months, total expenditure of KRW 3.4 billion (USD $2.91 million)
January / Carried out stage 2 research business project GSP (Golden Seed Project) for import replacement, high storage quality, and high-yielding onion development under the auspices of the Ministry for Food, Agriculture, Forestry and Fisheries (Total business duration of 60 months, total expenditure of KRW 500 million (USD $428,600)).
July / Construction commencement of Anseong breeding laboratory and greenhouses (Estimated substantial completion date is July 2018)
July / Designated as a promising small and medium-sized enterprise (SMEs) for growth (Certified by the Governor of Jeju Province)
July / Exported onion seeds to Japan as a first domestically raised breed
October / Incorporated into an agricultural corporation for breeding and production of vegetable seeds
December / Awarded with the 2017 Jeju Economy Awards for the manufacturing industry by the Minister of the Ministry of SMEs and Startups

2016

January / Acquisition of Yangpanara Co., Ltd. specialized in onion breeding
February / Acquisition of Jeju Farm Plus Co., Ltd., specialized in drying fruits
March / Attracted investment from E&Investment Co., Ltd. (Issue of KRW 2 billion (USD $1.7 million) of convertible bonds)
August / Attracted investment from the Industrial Bank of Korea (Issue of KRW 1 billion (USD $857,230) of convertible bonds)
October / Attracted investment from the Sejong Venture Partners Co., Ltd. (Issue of KRW 1.4 billion (USD $1.2 million) of convertible bonds)
November / Attracted investment from NH Investment & Securities Co., Ltd. (Issue of KRW 3 billion (USD $2.57) of convertible bonds)
December / Land purchase to establish a breeding laboratory for breeding vegetable seeds such as Cucurbits, and others (596, Nogok-ri, Yangseong-myeon, Anseong-si Gyeonggi and other 9 lots sized about 23,140㎡

2015 ~ 2000

2015

November / Prospecting the stability of the company and the future of seed industry, it attracted investment from Mirae Asset Venture Investment Co., Ltd. (Issue of KRW 2.2 billion (USD $1.88 million) of convertible bonds)

2014

January / Joined the Korea Seed Association as a first Jeju Native Company
August / Designated as a Management Innovation Business (MAIN-Biz), certified by the administrator of the small and medium enterprises (SMEs) administration
August / Designated as a Promising Small and Medium Enterprises (SMEs) with high growth potential, certified by the governor of Jeju province

2013

July / Carried out research business project GSP (Golden Seed Project) for “development of Tangerine variety having early-maturing and labor-saving characteristics” under the auspices of the Ministry for Food, Agriculture, Forestry and Fisheries (Total business duration of 48 months, total expenditure of KRW 3.07 billion (USD $2.63 million))

2012

March / Completed a research business project for “development of export-led SW fused closed-type seedling system specific to Jeju” under the auspices of the Ministry of Agriculture, Food and Rural Affairs (total business duration/of 22 months, total expenditure of KRW 820 million (USD $703,200))
June / Established company-affiliated research institute (certified by Korea Institute for Advancement of Technology)
August / Implementation of a research business project “development of standard cultivation facilities for U-IT based medicinal plant” under the auspices of the Ministry for Food, Agriculture, Forestry and Fisheries (total business duration of 18 months, total expenditure of KRW 400 million (USD $343,000)

2011

June / Construction of new corporate building at Jeju Science Park as a first Jeju native company

2004

January / Current CEO Kim Tae-hyung inaugurated

2003

May / Acquired certification for breeding and production of vegetable seeds (Governor of Jeju Province)

1990 ~ 1968

1990

December / Received a commendation from the Minister of Agriculture, Forestry, and Fisheries for the contribution of growth in food production

1987

January / Incorporation of going business

1968

January / Founded by the former Chairman Kim Gwi-eon

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