NEW YORK, Nov. 8, 2010 (GLOBE NEWSWIRE) -- Veteran business journalist Jill Bennett joins Mr. Ma Shing Yung, CEO, Le Gaga Holdings Limited (GAGA) to discuss the company's industry, strategy, financials and positioning.
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Biography of Mr. Ma Shing Yung:
Shing Yung Ma is the founder of Le Gaga Holdings Limited and has served as chairman and chief executive officer since the Company's inception. Mr. Ma has over ten years of managerial and operational experience in the vegetable cultivation industry. His extensive industry experience, in-depth knowledge of vegetable cultivation and outstanding leadership has significantly contributed to the company's growth.
From 1999 to 2003, he served as the vice president of Chaoda Modern Agriculture (Holding) Ltd., a vegetable production company listed on the Hong Kong Stock Exchange, where he was in charge of operations and sales. Prior to that, he was the general manager of Fujian Chaoda Green Agriculture Ltd. Co from 1997 to 1999. From 1991 to 1997, Mr. Ma was the vice president of Fujian Guangyuan Logistics Ltd. Co., a China-based logistics company. Prior to his career in the agricultural industry, he worked as an instructor in Fujian Normal College from 1987 to 1991. Mr. Ma received his college diploma from Fujian Normal College in 1987 where he majored in Chinese literature.
About Le Gaga Holdings (Nasdaq:GAGA)
Le Gaga is one of the largest greenhouse vegetable producers as measured by the area of greenhouse coverage and one of the fastest growing major vegetable producers in China. Through its subsidiary China Linong International Limited, the Company sells and markets over 100 varieties of vegetables to wholesalers, institutional customers and supermarkets in China and Hong Kong with a trusted brand among customers. In particular, the Company supplies vegetables to supermarkets, such as Walmart in China and Wellcome, ParknShop and Vanguard in Hong Kong.
The Company currently operates 16 farms with an aggregate area of 1,257 hectares in the Chinese provinces of Fujian, Guangdong and Hebei. The Company produces and sells high quality vegetables all-year-round leveraging its large-scale greenhouses, proprietary horticultural know-how and comprehensive database.
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