Greensmart Corp (GREN)

Overview

Greensmart Corporation, initially known as AgroCan Corporation, underwent a significant rebranding in June 2003 following an asset acquisition agreement with Winsmart Development, Ltd. This agreement marked a strategic move with the issuance of 29,868,737 shares of common stock to Winsmart. In return, Greensmart acquired approximately 553,212 young eucalyptus trees planted across 340 leased hectares and a tree seedling and nursery farm located on 3.3 leased hectares. This transition signified the company's shift towards agriculture and agro-industrial operations. Originating in 1996 and headquartered in Kwun Tong, Hong Kong, Greensmart, through its subsidiary AgroCan (China), Inc., has specialized in the production and distribution of compound fertilizers tailored to meet the specific requirements of local conditions, including plant types, soil quality, and climate variations. These fertilizers are instrumental for a wide range of agricultural sectors, fostering the growth of paddy rice, wheat, corn, sugar cane, tobacco, cotton, vegetables, tree plantations, and fruit trees. Greensmart's strategic approach involves engaging state-owned entities, farming supply bureaus, cooperatives, state-owned farms, and plantations in the People's Republic of China as its primary customers, facilitating the distribution of its products to individual farmers across the region.

Products and Services

• Compound Fertilizers

  Greensmart Corporation excels in the formulation of compound fertilizers, a sophisticated blend of vital nutrients including nitrogen, phosphate, and potassium, alongside essential trace elements such as iron, zinc, copper, and manganese. These fertilizers are customized based on local agricultural conditions to optimize plant growth and soil health. Manufactured in pellet form, these compounds are meticulously packed into bags ready for distribution under the brand name "AgroCan Three Leaves." The product's formulation is specifically designed to cater to a broad spectrum of agricultural needs, ranging from staple crops like paddy rice, wheat, and corn to cash crops such as sugar cane and tobacco, not forgetting cotton, vegetables, and various fruit trees.