Long Ping High-Tech(SZ:000998)2022-12-06 11:21Group 1: Agricultural Service System - The company aims to establish an agricultural service system focusing on cooperation with farmers, cooperatives, and third-party service providers to create a mutually beneficial ecosystem [1] - The agricultural service system consists of three main components: agricultural services, land restoration, and land development [1] - The company plans to combine online and offline services for professional farmers [2] Group 2: Brand Agriculture - The company emphasizes the importance of standardized production and quality assurance for successful brand agriculture [2] - Currently, the company is in the standard-setting and model-exploration phase for brand agriculture [2] - The company aims to create a value-sharing ecosystem with stakeholders through strict brand management [2] Group 3: Seed Sales and Market Position - The company reports a strong demand for new hybrid rice varieties, with "Longliangyou Huazhan" being in short supply [2] - The company has an 83% approval rate for new rice varieties, significantly higher than competitors [2] - The company is well-positioned for growth in the domestic market, supported by favorable national policies for large seed enterprises [2] Group 4: Internationalization Efforts - The company has been expanding internationally since 2005, with a focus on Southeast Asia and India [3] - The company has established a breeding center in the Philippines and is actively testing varieties in India [3] - The company plans to increase its market presence in India, where it has seen positive results from variety testing [3]