The Chinese seed company at the heart of the tech heist is large, by any measure. Beijing Kings Nower Seed Science and Technology Co. Ltd. is part of the conglomerate, Dabeinong Technology Group Co., commonly called DBN, which was founded in 1994. DBN has 40 production facilities, 67 subsidiaries and 18,000 employees. Kings Nower, which sells corn and rice seed, began in 2001. According to a press release from a business partner, DBN is a leading biotechnology company in China, with strong support from the Central Government and collaborations with many research institutes and companies. DBN is said to be strategically positioning itself to be one of the important players in the global market.
- February 2014