Group 1 - The company Jiuyuan Group plans to transfer 20% of its shares through a public solicitation of transferees, while its associated party Sichuan Huacai Technology Co., Ltd. will transfer an additional 3.5%, totaling 23.5% of shares [1] - Jiuyuan Group is currently the controlling shareholder with a 23.78% stake, and this transfer may lead to a change in the company's control and governance structure [1] - The introduction of a new controlling shareholder with advantages in the industry chain, channels, technology, or capital could enhance the company's governance and resource synergy, improving its competitiveness in the global agrochemical market [1] Group 2 - The price of glyphosate is expected to stabilize and recover due to the overcapacity in supply leading to a continuous decline in prices over recent years, with the average market price at 44,500 yuan/ton, down 11% year-on-year and 5.32% since the beginning of the year [2] - The agricultural industry's "anti-involution" actions are expected to alleviate disorderly competition, which may lead to a recovery in glyphosate prices [2] - The company is a major domestic producer of glyphosate and is expected to benefit from the anticipated increase in demand for glyphosate and refined glyphosate [2] - Projected net profits for the company from 2025 to 2027 are estimated at 506 million, 656 million, and 804 million yuan, with year-on-year growth rates of +135.17%, +29.63%, and +22.52%, corresponding to PE ratios of 21, 16, and 13 times [2]

"在调研中我们也发现，部分企业为抢夺市场份额已突破商业规则与法律红线的双重底线，有的从没有 资质的生产企业采购原药和中间体，有的采购含有毒有害杂质的母药加工制剂，有的在制剂中违规添加 未登记活性成分，这些行为不仅严重扰乱了市场秩序，还对农业生产造成极大安全隐患。"李钟华说。 破乱象 立标准 强创新 促发展 中化新网讯 中国农药工业协会近日正式启动全行业"正风治卷"三年行动。行动以"破乱象、立标准、强 创新、促发展"为核心目标，发动全行业共同针对隐性添加、非法生产、低价倾销等顽疾展开系统性整 治，以构建高质量发展的行业生态。 农药协会副理事长兼秘书长李钟华介绍说，协会在进行"十五五"规划调研时，不少企业向他们反映，目 前农药行业内隐性添加、非法生产、低价倾销等"内卷"现象十分严重，正规产品在与这些"黑科技"产品 的竞争中常常处于劣势，企业生存极为艰难，对此类"内卷"深恶痛绝。 "统计数据显示，2024年农药行业平均利润率只有5.7%，再创历史新低。在当前环保和安全要求日趋严 格的背景下，如果企业都不挣钱，未来既无法创造利润，也难以永续发展，上马新产品和提升质量都将 成为一纸空谈。所以我们决定以协会的名义先开展' ...