农药行业合规化洗牌帷幕拉开

Group 1 - The new regulation "One Certificate, One Product" will be implemented on January 1, 2026, requiring that pesticide products with the same registration number must display the same trademark [1] - As of November 2025, over 4,800 new pesticide registration certificates are expected to be issued this year, compared to only 2,053 in 2023 and 2024 [1] - Approximately 60% of companies in the pesticide industry rely on borrowing certificates, private labeling, and contract manufacturing, indicating a long-standing distorted ecosystem [1] Group 2 - Regulatory authorities will intensify the crackdown on illegal practices such as "certificate borrowing" and "one certificate for multiple products," with confirmed violations leading to the revocation of relevant registration certificates [2] - The cost of applying for a pesticide registration certificate ranges from hundreds of thousands to millions, with new active ingredients potentially costing up to 30 million for research and registration [2] - The Ministry of Agriculture and Rural Affairs has initiated the revision of the "Pesticide Production License Review Guidelines" to enhance the regulatory framework and ensure accountability in pesticide production [2] Group 3 - Companies are expected to first handle existing inventory of non-"One Certificate, One Product" products before transitioning to the new products, considering the typical two-year shelf life of pesticides [3] - By December 31, 2027, the last sales deadline for non-"One Certificate, One Product" inventory is set, with an anticipated reduction in product circulation to about one-fourth of current levels [3]