Core Viewpoint - The implementation of the "One Product, One Certificate" policy starting January 1, 2026, is expected to significantly impact the pesticide industry, leading to the exit of 80% of pesticide production through borrowing certificates, which will force many large distributors to shift towards purchasing pesticide formulations from leading companies [1] Group 1: Company Response - The company acknowledges the upcoming policy changes and emphasizes its commitment to adapting by focusing on research and innovation, new product development, and enhancing market competitiveness and brand influence [1] - The company views the policy as a means to further regulate market order and promote healthy development within the pesticide industry, steering it towards standardization, scale, innovation, and high quality [1]