China丨Guangxin Corporation Limited 's first-half net profit nearly doubles, will gradually open up industrial chain

Guangxin Corporation Limited released the performance report of the first half of 2022 on August 24. The company realized an operating income of 4.503 billion yuan, a year-on-yearincrease of 79.44%. The net profit was 1.243 billion yuan, with a year-on-yearincrease of 97.23%.

Guangxin Corporation Limited is a large Chinese manufacturer of pesticide raw materials and fine chemical intermediates basedon phosgene, and has formed an industrial structure of more than ten varietiesof fungicides, herbicides and fine chemical intermediates in three categories,and is one of the few professional manufacturers with a more complete pesticide production system in China.

Guangxin Corporation Limited has a long product line and a number of products with strong market competitiveness. Guangxin Corporation Limited said that in the future, it will gradually open up the industry chain of phosgene - fine chemical - pesticide, pharmaceutical intermediates, dye intermediates, new materials.

The report shows that GuangxinCorporation Limited has accumulated a wealth of experience in research and development, production, management and sales through long-term market accumulation, and has established long-term and stable cooperativerelationships with many well-known customers at home and abroad, such as DuPont, FMC, SODA and SHANDONG WEIFANG RAINBOW CHEMICAL CO., LTD., etc. The long-term and stable cooperative relationships with the above high-quality customers have laid an important foundation for the company's sustainable and stable businessgrowth.