Lier Chemical (SZ:002258)2022-12-07 08:24Group 1: Product and Market Position - The company has a production capacity of 1,800 tons/year for Bicyclopyrone and 3,000 tons/year for Glyphosate, maintaining a competitive advantage in the market [2] - The company’s older products are still competitive, with significant market demand and favorable competition dynamics [2] - The company has been expanding its domestic market since 2006, with a notable increase in sales of branded formulations [3] Group 2: Financial and Regulatory Updates - The company has submitted its share placement proposal to the China Securities Regulatory Commission and is awaiting feedback [2] - The new 1,000 tons/year capacity for Glyphosate is in the final stages of construction, with production timelines dependent on subsequent testing and regulatory approvals [2] Group 3: Future Development Plans - The company aims to maintain its competitive edge in existing products while actively promoting the development of Glyphosate and domestic formulations [3] - There are no current plans for military asset injections, as the company focuses on creating a competitive and influential chemical enterprise [3] - The company is open to any actions that would contribute to its positive development [3]