 On April 27, 1998, the Yunnan University Science and Technology Corporation shares were issued on the stock markets in China, and Yunnan University has become the eighth among more than 1,000 higher education institutes in China that own their share-issuing hi-tech companies or corporations.The popularization and application of the major product Yunda-120 growth regulator produced by the Science and Technology Corporation has reached 67 billion square meters in terms of use in cultivated areas.Within a brief period, the corporation, starting from a research group that had only a fund of a little more than 10,000 yuan, has developed into a share-issuing corporation with a total value in excess of 10 billion yuan.