Core Viewpoint - Taihe Co., Ltd. officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market on April 11, 2023, and aims to become a leading player in the agricultural chemical industry by focusing on product excellence and innovation [1][2]. Group 1: Company Overview - Taihe Co., Ltd. transitioned from an import-export trading company to a manufacturer, emphasizing technology and research and development as key components of its international growth strategy [2][3]. - The company has established long-term strategic partnerships with multinational corporations such as Syngenta, Dow, and UPL, with exports covering major global markets including South America, North America, Southeast Asia, and Europe [2][3]. Group 2: Core Products and Technologies - Taihe Co., Ltd. holds a leading position in three core products: Bacillus subtilis, Pyraclostrobin, and 2,4-D, with an average annual capacity utilization rate exceeding 100% from 2021 to 2023 [4]. - The company has mastered key technologies such as ammonia oxidation, chlorination, hydrogenation, and fluorination, which support its industry-leading status in core products [4]. Group 3: Innovation and Environmental Focus - The company is committed to integrating innovative technology into its products to promote greener and more efficient agricultural practices, aligning with national low-carbon development goals [5]. - Taihe Co., Ltd. has made significant advancements in the production process of 2,4-D, eliminating unpleasant odors and enhancing environmental friendliness, which has improved product acceptance [7]. Group 4: Market Position and Strategy - In a challenging market environment characterized by price wars, Taihe Co., Ltd. has maintained a profit margin of 5%, above the industry average of 3%, by leveraging technological and managerial efficiencies [8]. - The company is transitioning from a "boss strategy" to a "team strategy," restructuring its operations into three business units: plant protection, functional chemicals, and new energy materials [9]. Group 5: Future Prospects - Taihe Co., Ltd. is focused on the development of new pesticides, with a promising product, cyclopropyl fluorochloride, expected to enter the global market by mid-2024 [11]. - The company aims to expand its business scope and industry position significantly through the commercialization of innovative products, potentially becoming the first Chinese company to achieve global sales of a new compound [11].
泰禾股份董事长田晓宏：努力为股东带来更好回报