Jinhe Biotechnology(SZ:002688)2022-12-06 11:14Group 1: Company Product Advantages - The main advantages of the company's feed additive product,金霉素, include broad-spectrum antibacterial effects, low cost, high safety, and no residue [4] - The product has a low risk of cross-infection between humans and animals, and fewer drug interactions [4] Group 2: Market Performance - The company has signed a five-year procurement agreement with Zoetis in the U.S. for金霉素, effective until December 31, 2019, with good execution so far [4] - Domestic demand for金霉素 is expected to grow due to the intensification of pig farming and standardized drug use [4] Group 3: Industry Barriers - Key barriers to entering the feed additive industry include strict production licensing regulations, technical barriers, financial barriers, and brand reliability [5] Group 4: Future Development Plans - The company aims to become a world-leading animal health product enterprise, focusing on enhancing its advantages in biological fermentation and feed additives [5] - Plans include developing new products, extending the product line, expanding business scale, and enhancing global market influence [5] - The company is also exploring opportunities in environmental protection, particularly in wastewater treatment, to create new profit growth points [5]