Limin： The plant protection product series technical improvement project with an investment of 300 million yuan passed the expert review

On June 26, Limin issued an announcement that its subsidiary Limin Chemical planned to invest in the construction of plant protection product series technical transformation projects in the near future successfully passed expert review.

Basic situation

On May 9, 2023, Xuzhou related departments of  Ecological Environment Bureau held a technical review meeting of plant protection product series technical transformation project, Limin Chemical’s  technical transformation project successfully passed the expert review.

On June 20, 2023, Xuzhou Emergency Management Bureau held an expert review meeting on the safety conditions of plant protection product series technical transformation project, and Limin’s project successfully also passed this  expert review.

In October 2022, Limin Stock issued an announcement that in order to further consolidate and strengthen product advantages, enhance core competitiveness, and expand the existing advantageous varieties, Limin Chemical, a wholly-owned subsidiary, intends to invest in the construction of plant protection product series technological transformation projects according to the company's development strategy and market research and judgment

Limin Chemical plans to invest 300 million yuan to build a series of plant protection product technical transformation project, which will form an annual production capacity of 1,100 tons of Difenoconazole technical, 5,000 tons of Etidronate Aq, 2,000 tons of Amobam Aq, 500 tons of Tembotrione technical, 1,000 tons of Mesotrione technical, 3,000 tons of Zineb technical and series by-products.　　　

Limin said that Limin’s project, based on the company's development strategy and market research and judgment, to expand the existing advantageous varieties, so as to further produce products with cost competitive advantages and better quality, consolidate and strengthen the company's product competitiveness, and increase new profit growth points.