Group 1: Company Overview and Strategy - Runfeng Co., Ltd. is a multinational crop protection company from China, actively promoting the globalization of Chinese brands [3] - The mid-term strategic plan (2020-2024) focuses on "doing the right and difficult things, moving towards the high ground of the industrial value chain, and building a complete industrial chain" [3] Group 2: R&D and Manufacturing Innovations - The company has added 41 new technical team members, including 1 PhD and 28 Master's degree holders [3] - A domestic first continuous green process for active ingredient manufacturing is currently in trial operation, with plans for further projects to be implemented by 2022 and 2023 [3][4] Group 3: Global Marketing Network Development - The marketing team has expanded by 20 domestic members and 35 registration team members, including 29 with Master's degrees [4] - New market research has been completed in countries such as Ethiopia, Sudan, and Turkey, with new subsidiaries or offices being established [4] - Global registration expenses increased by approximately 25 million, with 167 new overseas registrations obtained by July 2021 [4] Group 4: Financial Performance - In the first half of 2021, the company achieved sales revenue of 4.014 billion, a year-on-year increase of 12.03%, and a net profit of 275 million, up 1.87% [4] Group 5: Challenges and Responses - The company faces challenges with rising shipping costs, which have extended order delivery times from 45 days to 60 days, impacting profit margins [5] - To mitigate shipping cost increases, the company has adopted various measures, including expanding alternative shipping channels and adjusting pricing terms [5] Group 6: Competitive Advantages - The company's global registration capability is a unique competitive advantage, allowing for efficient decision-making and market control [6] - The combination of traditional export models and overseas self-registration models enhances brand influence and profitability [6][7]
润丰股份(301035) - 2021年8月25日投资者关系活动记录表