Lier Chemical (SZ:002258)2022-12-06 09:34Group 1: Company Strategy and Development - The company currently has no specific plans for stock incentive programs, but previously approved a long-term incentive plan for core employees in 2013 to ensure sustainable development [1] - The company is the largest domestic producer of glyphosate raw materials and is implementing a 5,000-ton technical transformation and capacity expansion project [2] - The domestic market for the company's formulations has seen significant growth since 2006, with a notable increase in sales in recent years [2] Group 2: Product and Project Updates - The chloropyridine acid project has been completed and is currently operating well [2] - The company is optimizing its product structure through Jiangsu Jiumu, aiming to reduce costs and improve efficiency, with improved performance observed this year [2] - The company is focused on achieving stable returns for investors through enhanced corporate performance [3] Group 3: Shareholder Actions - Zhongtong Investment's reduction of company shares was primarily to realize some investment returns, and this is the first reduction since the company went public [2]