Lu Baiqiang believes that the norms of the national pesticide policy make the industry full of opportunities. At present, the value of international agricultural products is rising. At the same time, the domestic government strongly supports “three rural issuesâ€. All of the above factors have made the rigid demand for pesticides grow substantially. At the same time, the current widespread problems in domestic pharmaceutical companies such as the small scale, backward technical equipment, and the upgrading of dosage forms also help some companies with long-term development goals come to the fore. From the perspective of long-term market, the opportunities are far greater than the challenges.
It is understood that Noble letter company is the country's largest water-based environmental protection pesticide research and development production enterprises, its water-based environmental protection pesticide formulations accounted for more than 50% of its operating income, much higher than the same industry level. The number of registered products of the company, the number of pollution-free agricultural fruit and vegetable drugs, and the number of new patents for invention of pesticide formulations are all ranked first in the national pesticide formulation industry. As the largest pesticide formulation company in China, Noppsin Company specializes in the production and sale of pesticide formulations. Its main products are fungicides, insecticides and herbicides. At present, the company's products are mainly used for economic crops, so the product has a higher gross margin. In the future, the company will increase the development of pesticide products applicable to Daejeon's crops, especially to seize the market space left by the delisting of organophosphorus pesticides.
According to the country’s industrial policy, starting from July 1, 2006, the state will no longer approve newly-established pesticide companies that produce pure EC products, and will gradually reduce the production of EC. The changes and implementation of the aforementioned policies will bring about 100 billion yuan of new pesticide formulations to the market. At the same time, 80% of domestic EC pesticides will be gradually replaced by environment-friendly pesticides, which will add 600,000 to 700,000 tons of market space, with an average annual market capacity of 120,000 to 140,000 tons. This means that the demand for water-based and environmentally friendly pesticide formulations in agriculture will show a more pronounced continuous growth trend. (Reporter Hou Jie)
China's largest pesticide preparations listed company, the largest pesticide preparation company in Shenzhen, China National Pharmaceutical Co., Ltd., Lu Bo-Qiang, chairman of the letter a day ago in an interview with reporters that the current pesticide formulation industry has developed to a critical moment. The opportunities faced are far greater than the challenges.