Recently, a research report on agricultural products (000061) recently revealed that the Pinghu market, the first agricultural product wholesale market launched in Shenzhen (000061), will be formally put into operation in September of this year. It is expected that it will contribute nearly 300 million yuan net profit after delivery.

Agricultural products (000061), as the leading enterprise of the national agricultural industrialization, is also a key project of "vegetable basket" in Shenzhen. In recent years, the expansion process in the national agricultural product market has attracted much attention. Up to now, agricultural products (000061) have 25 entities and virtual markets in the whole country, and the market turnover in 2009 is more than 90 billion yuan.

Before that, agricultural products proposed to establish a multi-level, nationwide network platform for the circulation of agricultural products, and plan to complete the prototype of the network platform in 3 years. Along with this strategy, agricultural products (000061) have gradually shifted from heavy entity market expansion to physical market and network market. At the same time, the customer service center and data center have been set up at the same time of advancing the market settlement rate.

Li Zhenyu, an analyst with the research report, said that the Pinghu market was the first agricultural product market to be built in Shenzhen by the agricultural products (000061) in Shenzhen. The normal operation of the market will serve as a benchmark for other regional markets. Li Zhenyu expects that the Pinghu market will be put into operation in September 2010, with an expected revenue of 310 million yuan and a net profit of 103 million yuan, with a post operating income of 470 million yuan and a net profit of 300 million yuan.