The new Tembotrione was launched , and the revenue and net profit of Jiuyiincreased significantly in 2022.

On April 10, Jiuyi Stock released its 2022 annual report, saying that during the reporting period, the company achieved a operating revenue of 1.475 billion yuan, with a year-on-year growth of 58.83%. Net profit attributable toshareholders of listed companies reached 214 million yuan, up 180.82% year onyear. Net profit attributable to share holders of listed companies after deducting non-recurring gains and losses was 203 million yuan, up 170.78% yearon year.

The company said that both operating revenue and net profitincreased from the same period of last year. On the one hand, the sales volume of propionate products increased further during the reporting period. On the other hand, the company's profitability was further enhanced by the launch ofthe company's first registered new product, Tembotrione,during the reporting period.

During thereporting period, the company added 3 pesticide certificates，1 new authorized invention patent and 2 new authorized utility model patent. Four new registered trademarks were added. By the end ofthe report period, the company had obtained 70 pesticide certificates. A total of 29 patents were obtained, including 15 invention patents; A total of 165 registered trademarks have been obtained. At the same time, the company continues to increase research and development investment, continue to develop new products, improve the production process, for the company's sustainable development to provide in exhaustible power.

On March 31, the initial public offering of Jiu Yi shares andthe GEM listing project successfully passed the review of Shenzhen Stock Exchange