Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 385 million CNY, representing a year-on-year growth of 5.23% [2] - The pesticide revenue was 249 million CNY, with a growth of 2.05%, while fertilizer revenue reached 120 million CNY, growing by 14.28% [2] - The overall gross margin was 46.25%, an increase of 2.42% compared to the previous year [2] - The net profit attributable to shareholders was 79 million CNY, reflecting a year-on-year increase of 16% [2] Group 2: Growth Drivers - The main reasons for sustained growth include the expanded influence of comprehensive crop regulation solutions, increased promotional areas, and enhanced marketing efforts for key products [3] - Price recovery in certain pesticides and fertilizers has stimulated consumer demand [3] - Rising grain prices have encouraged farmers to invest more in agricultural inputs [3] Group 3: Competitive Advantages - The company holds 142 registration certificates for plant growth regulators, accounting for approximately 8% of the total in China, making it the largest in terms of both registration and sales [3] - The establishment of the Crop Quality Regulation Technology Research Institute in 2017 has bolstered technical support, with over 100 researchers conducting trials nationwide [3] - The company has built a strong brand and distribution network, with over 6,200 dealers and more than 20 logistics warehouses across the country [3] Group 4: Market Outlook - Fluctuations in grain prices have a limited impact on the demand for essential agricultural inputs like pesticides and fertilizers [3] - The company plans to strengthen market promotion and expand into untapped markets to further increase revenue [3]

Group 1: Financial Performance - The company's Q1 2025 revenue reached 385 million CNY, a year-on-year increase of 5.23% [2] - Pesticide revenue was 249 million CNY, up 2.05% year-on-year, while fertilizer revenue was 120 million CNY, increasing by 14.28% [2] - The overall gross margin was 46.25%, an increase of 2.42% compared to the previous year [2] - Net profit attributable to shareholders was 79 million CNY, reflecting a 16% year-on-year growth [2] Group 2: Growth Drivers - Key growth drivers include the expansion of crop regulation solutions, increased marketing efforts for major products, and a recovery in prices for certain pesticides and fertilizers [2] - The rise in grain prices has encouraged farmers to invest more in agricultural inputs, positively impacting sales [2] Group 3: Competitive Advantages - The company holds 142 registration certificates for plant growth regulators, accounting for approximately 8% of the total in China, making it the largest in terms of sales in this category [2] - The establishment of the Crop Quality Regulation Technology Research Institute in 2017, with over 100 researchers, enhances the company's technical support and product reliability [2] - The company has built a strong brand and distribution network, with over 6,200 distributors and multiple logistics warehouses across the country [4] Group 4: Market Outlook - Fluctuations in grain prices have a limited impact on the demand for pesticides and fertilizers, as these are essential for agricultural production [4] - The company aims to strengthen market promotion and explore untapped markets to further increase revenue [4]