Core Viewpoint - Fubon Technology (300387) has invested a total of 37.85 million yuan in R&D during the first three quarters, focusing on core technology areas such as new green agricultural chemical additives, nitrogen-fixing bacteria fertilizers for gramineous crops, root-knot nematode control, and digital agriculture [1] R&D Investment - The company’s R&D investment of 37.85 million yuan supports product innovation and technological upgrades [1] - Continuous R&D investment lays a solid foundation for the company's long-term sustainable development [1] Focus Areas - Key technology areas for R&D include: - New green agricultural chemical additives - Nitrogen-fixing bacteria fertilizers for gramineous crops - Root-knot nematode control - Digital agriculture [1]

Core Insights - Fubon Technology reported a revenue of 1.016 billion yuan for the first three quarters, a year-on-year increase of 9.19%, and a net profit attributable to shareholders of 80.6494 million yuan, with a net profit of 76.4804 million yuan after excluding non-recurring gains and losses [1] - The company is focusing on optimizing its business structure and technological innovation in line with national agricultural development plans [1] - Fubon Technology is advancing its strategic transformation towards precision, green, efficient, and nutritional agricultural products, enhancing product performance and market competitiveness [1] Business Development - The company is deepening the integration of water, fertilizer, pesticides, biotechnology, and digital technology in its modern agriculture sector, establishing partnerships with major agricultural platforms for technology demonstration and application [1] - Fubon Technology has invested 37.8507 million yuan in R&D in the first three quarters, focusing on new green agricultural chemical agents and digital agriculture [2] - The company has been recognized as a "Green Manufacturing List (Green Factory)" in Hubei Province, emphasizing clean production and resource recycling [2] Environmental Initiatives - Fubon Technology has developed a zero-carbon agricultural park model that integrates zero-carbon energy supply, low-carbon agricultural production, and ecological circular development [2] - The company has achieved significant results in carbon reduction through optimizing agricultural input structures and promoting waste resource utilization [2] - The certification of the zero-carbon agricultural park marks a significant advancement in agricultural carbon neutrality technology application, providing a solid foundation for promoting zero-carbon agricultural models [3]

Overall Performance - The company reported a revenue of 1.016 billion yuan for the first nine months of 2025, representing a year-on-year growth of 9.19% [2] - The net profit attributable to shareholders was 80.6494 million yuan, with a net profit of 76.4804 million yuan after deducting non-recurring gains and losses [2] - The company is leveraging national policies for agricultural modernization to optimize its business structure and drive performance growth [2] Main Business Development - The company is focusing on the strategic transformation towards "precision, greenness, efficiency, and nutrition" in its agrochemical and specialty fertilizer business [3] - Product structure optimization has enhanced the comprehensive performance of products, improving market competitiveness [3] Research and Development Investment - The company invested 37.8507 million yuan in R&D during the first three quarters, targeting core technology areas such as new green agrochemical additives and digital agriculture [6] - Continuous R&D investment supports product innovation and technological upgrades, laying a solid foundation for sustainable development [6] Green Manufacturing System - The company was recognized as a "Green Factory" by the Hubei Provincial Economic and Information Technology Department, indicating substantial progress in green manufacturing [7] - Efforts in clean production process upgrades and resource recycling have improved raw material utilization efficiency and reduced pollutant emissions [7] Zero-Carbon Agriculture Innovation - The company has developed a zero-carbon agricultural park model integrating zero-carbon energy supply, low-carbon agricultural production, and ecological circular development [10] - The park received certifications for "Zero-Carbon Agricultural Park" and "Carbon Neutral Park," marking significant progress in agricultural carbon neutrality technology [10] Strategic Outlook - The company aims to continue its focus on "technological innovation and green development," enhancing core competitiveness through continuous technological advancements [11] - The strategic direction aligns with national policies promoting agricultural modernization and green development, providing broader growth opportunities [11]