NOPOSION(SZ:002215)2022-12-03 09:48Group 1: Company Strategy and Development - The company aims to increase investment in quality controlling distributors, establishing a leading agricultural distribution and comprehensive service platform nationwide [3] - The company emphasizes the importance of research and talent acquisition, planning to enhance the recruitment of PhD talents through its postdoctoral workstation [4] - The company has already controlled 43 distributors and aims to reach 250-300 distributors in the next three years, covering all agricultural counties (approximately 1,500) [5] Group 2: Industry Trends and Challenges - The implementation of pesticide management regulations and environmental concerns regarding upstream raw materials are changing the industry's concentration [4] - The introduction of a pesticide QR code traceability system is expected to eliminate illegal manufacturers and counterfeit products, leading to a more regulated and concentrated industry [4] - The company reported negative cash flow due to rising raw material prices, increased prepayments, and delayed settlement times with controlling distributors [4] Group 3: Investor Relations and Communication - The investor relations activity took place on May 8, 2018, from 15:00 to 17:30 in the company reception room [3] - Key personnel present included the Chairman, Vice General Manager/Secretary, and the Financial Director [3] - The company has mechanisms in place to assess and potentially eliminate underperforming distributors [5]