Through its operating subsidiaries in China, AgFeed is a leading manufacturer, marketer and distributor of premix animal nutrition products targeting China's growing animal feed market.
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All Chinese small caps are priced as frauds. I doubt this one is, since it has a respectable U.S. accounting firm, although not a big 5 firm, and because they have operations in the U.S. Come on Mr. Market. The sale has to end. Bottom line is this is a relevant company for China's consumption needs.