ZSIG(SH:600313) Zheng Quan Ri Bao Zhi Sheng·2025-08-23 03:38Core Viewpoint - The company, Zhongnongfa Seed Industry Group Co., Ltd. (referred to as "Nongfa Seed Industry"), reported significant growth in its half-year results for 2025, with a focus on innovation and research in the seed industry [1][2]. Financial Performance - In the first half of the year, Nongfa Seed Industry achieved operating revenue of 2.916 billion yuan, representing a year-on-year increase of 47.86% [1]. - The net profit attributable to shareholders of the listed company was 63.0376 million yuan, up 14.13% year-on-year [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 28.5803 million yuan, showing a substantial increase of 84.52% year-on-year [1]. Research and Development - The company focused on innovation, with significant achievements in seed research and development [1]. - Eight new crop varieties were approved or registered at the national or provincial level during the reporting period [1]. - Five commercial varieties and one independently bred variety were included in the 2025 National Excellent Crop Variety Promotion Directory [1]. - A total of 53 independent and collaborative R&D projects were initiated in the first half of the year, including three major national science and technology projects [1]. Business Operations - In the seed business, the company leveraged its advantageous new varieties to expand market share and channels [2]. - In the pesticide business, Henan Nonghua, a subsidiary, saw an increase in sales of major products while focusing on safety and environmental standards [2]. - In the fertilizer trading business, Huatan International, another subsidiary, enhanced cooperation with foreign potassium fertilizer suppliers and maintained stable operations in compound and specialty fertilizers [2]. - The overseas business development included the HC-021C variety, which alleviated Pakistan's reliance on imported edible oil [2]. - The company adopted a business strategy centered on "excellent varieties, improved quality, brand creation, and market expansion," leading to positive momentum in its seed business [2].