China Modern Dairy Holdings is an investment holding company. Co. is engaged in the production and sale of raw milk in the People's Republic of China with approximately 159,000 dairy cows in total. Through its subsidiaries, Co. is also engaged in the production of milk and fertilizers, import and export agency services, and sales of feeds. Co.'s dairy farms are designed and constructed with a capacity of rising up to 10,000 dairy cows per farm. As of June 30 2012, Co. had 20 farms in operation and two farms under construction in China.
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