Luheng: Cangzhou Lanrun pesticide related projects have been fully put into operation

On September 21, Luheng, a listed company of Beijing Stock Exchange, said at the performance presentation that the company is currently main in pesticide, vegetable seeds and fertilizer three business sectors, and has achieved the whole process of research and development, production, sales and promotion of the industrial chain coverage. Among them, in terms of pesticides, the Lanrun project in Cangzhou has been fully put into operation, and after the production capacity of the factory is released, the advantages of the whole industry chain from the technicals to the preparation are more prominent.

     In view of the pesticide sales situation concerned by investors, Luheng said that the company's pesticide formulations, fungicides accounted for the largest proportion of sales, the company's pesticides in the prevention and control of crop soil-borne diseases, seedling diseases have a certain advantage, among which the market share of Hymexazol  series products is in a leading position, Chloroisobromine-cyanuric-acid series products have the industry's only technical certificate.

In terms of other businesses, Luheng Technology said that in terms of vegetable seeds, some of the company's advantageous new varieties have been listed in batches, and initial economic effects have been formed. In addition, the company has initially formed the advantage of the whole industry chain from the planting base to the seedling, and then to the downstream vegetable industry, which is expected to further thicken the profit margin of the advantageous varieties. The current growth momentum of fertilizer is good, the first half of the revenue of 10.2505 million yuan, an increase of 47.85%, the future will be more targeted to develop new products, to further increase the proportion of business in the sector.