LMA Explores Opportunities in South Asia:

Chairman Li Taiguo Leads Delegation to Sri Lanka for Inspection and Exchange, Discussing New Vision for Hybrid Rice Collaboration

Release Date: March 19, 2026 Place of Release: Colombo / Hong Kong Issuing Organization: Board Office of Land Modern Group

【Colombo Dispatch】On March 18, 2026, Li Taiguo, Chairman of LMA Group, and Li Yonggang, CEO of the Group, led a delegation to Sri Lanka for a cordial meeting with Mr. Wang, head of key local partner Daqing Agriculture Group. During the visit, both parties conducted in-depth on-site market research and industrial feasibility analysis regarding hybrid rice cultivation in Sri Lanka. The two sides held extensive discussions covering local agricultural policies, market conditions, industrial infrastructure, and processing support, reaching a consensus on leveraging respective resource strengths to advance future cooperation in the local rice industry.
As a pivotal nation in South Asia, Sri Lanka boasts a strategic location with access to markets across the Middle East and the broader South Asian region. This business trip marks a significant step for LMA Group in actively exploring international agricultural collaboration and assessing the viability of establishing high-quality overseas production bases. Through these substantive exchanges, both parties have laid a solid foundation for potential future cooperation in areas such as hybrid rice technology application and agribusiness value chain integration.

I. Leverage Superior Seed Technology to Explore Pathways for Enhancing Industrial Quality and Efficiency

During the inspection tour, Chairman Li Taiguo and his delegation conducted extensive and in-depth research into Sri Lanka’s local rice production and processing market. As a country with a long history of rice cultivation, Sri Lanka boasts favorable natural conditions for double-cropping as well as well-established agricultural infrastructure. Nevertheless, in response to growing consumer demand for high-quality rice, local industry stakeholders have expressed keen interest and strong willingness to collaborate on introducing modern hybrid rice varieties characterized by high yield and stress tolerance, along with advanced planting and management technologies.
In the course of the discussions, LMA showcased the group’s proven expertise in developing premium hybrid rice seeds and implementing smart agricultural management solutions. Following an assessment of the region’s representative agro-climatic conditions and farming practices, both parties engaged in detailed dialogue on introducing high-yield, superior-quality new varieties. This approach aims to enhance cost efficiency and productivity for local farmers and rice milling enterprises without increasing pressure on arable land, thereby strengthening the overall competitiveness of rice in both domestic and potential export markets.

Sri Lanka’s Rice Industry and Cooperation Potential:

· Strong Natural Foundation: Nationwide irrigation systems are well-developed, enabling stable double-cropping capacity (Maha/Yala seasons).
· Room for Varietal Upgrading: With a massive domestic rice consumption base, the market shows strong demand for high-quality hybrid rice varieties featuring disease resistance, heat tolerance, and high yields.
· Geopolitical Window of Opportunity: As a transportation hub in the Indian Ocean, Sri Lanka serves as a strategic potential base for industrial outreach to surrounding regional markets.

II. Exploring a New “Technology + Channel” Collaboration Model to Foster Win-Win Outcomes Across the Industrial Chain

During discussions with local agricultural representatives and enterprises across the upstream and downstream segments of the industry chain, CEO Li Yonggang shared Grand Agri’s proven experience in advancing agricultural industrialization in other countries and regions. He emphasized that Grand Agri has always adhered to the principles of “mutual benefit and technology empowerment.” Looking ahead to its business exploration in Sri Lanka, Grand Agri is keen to establish in-depth partnerships with well-established, creditworthy local processing and distribution partners to build high-standard production bases.
The two sides explored the feasibility of developing a new collaboration pathway centered on “technology transfer, localized cultivation and processing, and channel synergy.” By providing essential technical support to local farmers and cooperatives, establishing standardized planting demonstration sites, and leveraging the robust capabilities of local processors, this model would not only bolster local food security and increase farmers’ incomes but also effectively promote standardization and regulation across the rice industry chain.

III. Leverage Geographical Strengths to Advance the Medium- to Long-Term Planning of Overseas Operations Steadily

Sri Lanka’s unique geopolitical advantages endow it with distinct strategic value in the global rice trade landscape. Chairman Li Taiguo remarked during his concluding review of the inspection tour: “Beyond its diligent farming communities and robust industry foundations, Sri Lanka serves as a pivotal hub for LMA’s outreach network across South Asia and the Middle East. Through these extensive on‑the‑ground exchanges, we have gained clearer insights into local market dynamics and collaboration potential. Moving forward, guided by our strategy of ‘asset‑light operations, empowerment‑focused initiatives, and steady progress,’ we will maintain close dialogue with local partners to integrate advanced seed technology with localized supply chains, thereby advancing our business footprint in a measured and sustainable manner.”

IV. Conclusion and Future Outlook

This visit to Sri Lanka marks the beginning of friendly exchanges between LMA Group and leading local agricultural forces. Through in-depth face-to-face discussions, both sides deepened their understanding of each other’s professional strengths and industrial visions. Going forward, LMA will continue to leverage its international trading platform and technological advantages to steadily carry out technical alignment and demonstration work in specific market segments, joining hands with like-minded international partners to contribute LMA ’s strength to advancing agricultural modernization in the region.

Release Date: March 19, 2026 Place of Release: Colombo / Hong Kong Issuing Organization: Board Office of Land Modern Group