Core Viewpoint - The announcement by Guoguang Co., Ltd. regarding the implementation of the Ministry of Agriculture and Rural Affairs' No. 925 announcement is expected to enhance the consistency of pesticide labeling and improve market order, benefiting both the industry and farmers [2]. Industry Summary - The Ministry of Agriculture and Rural Affairs issued Announcement No. 925 on October 9, 2023, which will take effect on January 1, 2026, to standardize pesticide labels and instructions [2]. - The announcement mandates that pesticide products with the same registration number must display the same trademark, ensuring consistency across national sales [2]. - The new regulations are designed to protect pesticide quality, maintain fair competition, safeguard the rights of farmers, and promote the sustainable development of the pesticide industry [2]. - Companies with high-quality registration certificates are expected to gain a competitive advantage, leading to increased market concentration in the pesticide industry as the "one certificate, one product" policy is implemented [2].
国光股份:“一证一品”政策对行业的影响