ITEM 5.06 -Change in Shell Company Status.
In accordance with its business plan, the following activities and transactions
having occurred which had Company have determined have rendered the Company no
longer as a "shell company" as of November 3, 2013.
According to the October 8, 2012, report in Harbin Tonghe County television,
after Dadi Fertilizer Technology International (USA) Ltd. and Harbin HaiXin
Biological Fertilizer Co., Ltd. reached an agreement, through the use of organic
fertilizer from the cooperation projects of US Dadi Company, it had achieved
great success in helping Tonghe County water rice cooperatives to plant
"Daohuaxiang #7." The success caused a big stir in Tonghe County. According to
the introduction of Chairman Liu Haitao of Dadi Fertilizer Technology
International (USA) Ltd., the successful work of "seed transplant" owed thanks
to the superb quality and performance of the company's fertilizer products,
therefore each co-op is required to use 800 tons of "Hai Lu Xin" organic
fertilizer next year, the result is the cumulative increase sales will reach 10
million yuans or more.
November 20, 2012, Harbin City TV news channels reported: Dadi Fertilizer
Technology International (USA) Limited's "HaiXin water rice farmer cooperatives"
collected a harvest on the organic water rice, the total output of 2,000
hectares was up to 16,700 tons, yielding 9% more than other plots, thanks to an
antagonistic bio-organic fertilizer developed by the latest technology of
Chinese Academy of Science, and produced by US Dadi Company. The great harvest
provided the most powerful protection to the supply of raw materials of "Ma Lang
He" brand of organic rice. The great harvest also will greatly stimulate next
year's fertilizer sales and the rapid expansion of water rice production base.
According to Harbin TV News Channels reports of two advanced cases on December
8, 2012 and December 9, 2012: Teng Yanhua, a farmer from Harbin Tonghe County
Fulin Township Chalin Village, and Ba Zhanlong, another farmer from Tonghe
County Xiangshun Town Xinglong Village, their 120 acres of paddy fields were
applied "Hai Lu Xin" brand bio-organic fertilizer produced by US Dadi Fertilizer
Company for three consecutive years, and their production had increased for
three consecutive years. Two farmers have applied the fertilizer since 2010, the
annual increase is more than 10%, and have significantly improved the quality of
rice. It is more gratifying that the land with application of bio- fertilizer,
the organic matter in the soil is increased by 0.4%, and the expansion of
populations of beneficial microbes in the soil is increased, the agricultural
production of the ecological cycle begins to take shape. To this end, the county
propaganda department instructed Tonghe County television stations to broadcast
the news in "Tonghe News" and "Country Voice Playback".
According to the reports of Heilongjiang satellite television and Heilongjiang
provincial government website, on January 17 & 18, 2013, Heilongjiang Governor
Wang Xiankui , Deputy Governor Lv Weifeng , Harbin Mayor Song XiBin and other
leaders visited Tonghe County, and conducted research on agricultural farming
structure along the Songhua River, production development planning and
construction of industrial projects. In the modern agriculture demonstration
area of Tonghe County Nong River Sun Valley, Governor Wang Xiankui and other
leaders listened to Haixin water rice planting cooperatives affiliated of US
Dadi Fertilizer Company, on the experience of extracting Songhua River water to
increase rice production, Wang Xiankui governor was very pleased of the report,
and suggested to make the full use of resources along Sonhua River, to convert
the resource advantages into economic advantages, optimizing planting structure,
carrying water to expand rice production, forming large farmers' cooperative
association , to expand the cultivation of new agricultural subject "cold field
black soil, green and organic agricultural products," and to establish a plan in
2013 to bear the tasks to expand the five millions and four hundred thousand
acres of water rice fields.