On June 17, 2010, the Shandong Provincial Department of Agriculture, Provincial Development and Reform Commission, and Provincial

Department of Finance jointly issued a notice titled "Announcement of the Fifth Batch of Shandong Provincial Agricultural Industrialization

Key Leading Enterprises" (Shu Nong Chan Ye Zi [2010] No. 7). The notice announced that 261 enterprises, including Weifang Santao Food

Co., Ltd., were recognized as Shandong Provincial Agricultural Industrialization Key Leading Enterprises. The notice emphasized that recognized key leading enterprises in agricultural industrialization must focus on rural areas, agriculture, and

serve farmers. They should strive to achieve an organic combination of research, production, processing, and sales, with mutual promotion,

and gradually establish and improve a new mechanism for sharing benefits and risks with farmers. These enterprises should contribute to

the strategic adjustment of agriculture and rural economic structures, improve the overall quality of agriculture, and increase farmers'

incomes.

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