BATIAN(SZ:002170)2022-11-23 06:58Company Overview - Shenzhen Batian Ecological Engineering Co., Ltd. was established in 1989 and is a national high-tech enterprise and a key agricultural leading enterprise in Guangdong Province [2][3] - The company is the first listed compound fertilizer enterprise in China, listed on the SME board in 2007 with stock code 002170 [2][3] Production and Sales - The company has six production bases, with significant ones located in Guizhou, established between 2003 and 2005, and a new phosphate chemical circular economy industrial park built in 2016 with a total investment of approximately 2.4 billion yuan [3][4] - The main sales regions are in South China, particularly Guangdong, followed by Guangxi, Yunnan, and Hainan, with over 85% of products used for economic crops [3][4] - The company reported annual revenue between 2 billion to 2.2 billion yuan over the past three years, with a projected profit of 60 million to 90 million yuan for the latest fiscal year [3][4] Research and Development - The company emphasizes R&D, employing over 120 personnel with master's degrees or higher and having a team of over 50 expert consultants [3][4] - It holds 1,043 invention patents, ranking first in the industry for newly added invention patents in the last five years, with over 400 authorized patents [3][4] Product and Market Position - The average selling price of fertilizers is around 2,800 yuan per ton, with total sales of approximately 2.2 billion yuan and a volume of 850,000 tons [4][5] - The gross profit margin for new compound fertilizers is close to 20% [5] - The company focuses on high-end fertilizers, with a significant portion of its products being organic and compound fertilizers, which are encouraged by national policies [6][7] Competitive Advantages - The company’s competitive edge lies in its advanced technology and R&D investment, which is the highest in the industry [4][5] - It utilizes a unique nitric acid method for phosphate extraction, preserving all trace elements and avoiding the production of phosphogypsum, which is a significant environmental concern [4][5] - The company has established a comprehensive service system, serving over 67,000 batches of plants and maintaining a database of over 200 million records by 2020 [4][5] Future Development Plans - The company plans to expand its production bases in Guangdong and the Northwest regions, targeting areas with less soil pollution for economic crop development [8][9] - It aims to enhance its market share through traditional channels, increasing the number of retailers and distributors by 50-100% in the coming year [9][10] - The company is also exploring online sales and leveraging big data to improve service delivery and reduce costs for farmers [9][10]