Guoguang: more than 40 certificates of technicals, and 8 formulations have been registered abroad

Recently, Guoguang answered the concerns of investors in the investor relations platform. Questions and responses are below

Q:Does your company, Hainan Yier grow tropical fruits? What exactly does it do?

A:The company is mainly engaged in the R&D, production and sales of pesticide formulations based on plant growth regulators and fungicides and high-end water-soluble fertilizers, and is currently the most registered products of plant growth regulators in China. Our company has a variety of products used in tropical crops, such as mango, lychee, banana, coconut and so on.

Q:Could you popularize bio-pesticide and talk about the company's relevant business operation?

A: Biological pesticides include biochemical pesticides, microbial pesticides and plant pesticides. Some companies, which are affiliated to the company, have more than 20 biological pesticide product registrations (including 5 technicals), such as microbial pesticide 20 billion s/g Bacillus subtilis WP, 16000IU/ mg Bacillus thuringiensis WP, Plant pesticide 0.3% Matrine SL, biochemical pesticide 0.01% 24-Epibrassinolide SL. More than 10 more are currently on the register.

Q:Talk about the company's technical capacity? How many formulation certificates has the company obtained abroad in recent years?

A; At present, the company has more than 40 certificates of technicals and an technicals production capacity of more than 20,000 tons. At present, the company has 8 formulation products registered abroad

Guoguang is engaged in the R&D, production and sales of pesticide formulations and water-soluble fertilizers based on plant growth regulators and fungicides. The third quarter report of Guolang in 2022 showed that the company's main revenue was ¥1.241 billion, up 30.23% year on year. Net profit of homeowner was ¥164 million, down 13.11% year on year. Withholding non-net profit of ¥152 million, down 17.13% year-on-year. In the third quarter of 2022, the company's single-quarter main business revenue was ¥365 million, up 21.7% year on year. Net profit attributable to mother in one quarter was ¥23.253 million, down 45.43% year on year. Non-net profit withheld in one quarter was ¥21,657,100, down 46.38% year on year. Debt ratio 27.56%, investment income 416,300 yuan, financial expenses ¥841,900, gross profit rate 38.55%.