Guoguang's Wansheng technical project in Chongqing is expected to start construction this year

According to the investor relations record form disclosed by Guoguang Stock on February 15, the company's convertible bond project has obtained the Real Estate Right Certificate of Sichuan (2022) Jianyang City Real Estate No. 0022044 issued by Jianyang City Planning and Natural Resources Bureau in May 2022. By the end of 2022, the land formation of the project construction land has been completed. Construction is expected to begin this year. Chongqing Wansheng technical project is expected to start construction this year.

Answers to other hot questions investors are asking:

Q:According to the 2022 annual performance forecast, what is the reason for the goodwill impairment of the company's holding subsidiary Hebi     

                                                                                     A: In 2022, due to the impact of the coronavirus epidemic, the production and sales business of Hebi was restricted, resulting in the failure to achieve the annual sales target. The rise in raw material prices led to a decline in the gross profit margin of some of the company's products year-on-year, and the profit performance was also lower than expected. After taking control of Hebi at the end of March 2022, the COVID-19 pandemic delayed the company's resource integration progress in Hebi Quanfeng.

Q: What is the market size for plant growth regulators?

A: The current domestic market size is nearly 9 billion yuan, and it is estimated that the annual growth rate is about 10% to 15%. Relevant data show that the domestic market scale of plant growth regulator is about 60 billion yuan. At present, it is still in the introduction period, and the market penetration rate is relatively low, so the industry has a good development prospect. The company is one of the earliest domestic enterprises to enter the regulator industry, and has a long development history in the plant growth regulator industry, so it has obvious first-mover advantage and brand influence.