QJBIOCH(SH:600796)2024-09-03 07:35Group 1: Business Development - The molecular biology platform has been completed and began operations in Q2 2024, although no results have been produced yet [1] - The company’s main business includes biopesticides, which are more environmentally friendly compared to chemical pesticides, representing a technological advancement in the pesticide industry [1] Group 2: Project Updates - The construction of the Hangzhou Hai New District sewage treatment plant has completed the pile foundation work, and the main civil engineering is progressing smoothly [2] - The company is taking measures to reduce losses from Guangyao Thermal Power, aiming to enhance overall efficiency [2] Group 3: Strategic Decisions - The company is replacing its equity in Yingde Special Gas Co., Ltd. with equity in Yingde Semiconductor Materials Co., Ltd. due to the latter's broader development potential [2] - To address the unfavorable pesticide market conditions this year, the company is focusing on deepening its market channels, enhancing research and development, and improving management efficiency [2] Group 4: Product Efficacy - The company has developed a mature technical solution for its gibberellin products, which can effectively suppress the fluff of poplar trees [3]