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Limin shares: the pesticide market as a whole keeps running at a low level

 Last Update: 2022-03-21
 Source: Internet
 Author: User

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Limin shares (002734) 2015 annual performance briefing is being held on Panorama
.
Lin Qing, the company’s secretary of the board of directors, said that China’s current economic development is in a new normal of medium-speed growth.
Multiple factors such as the economic downturn, increasing environmental pressures, and weak market demand have led to the overall low-level operation of the pesticide market
.
Lin Qing said that the intensified market competition has caused the company to face the risk of falling prices of major products and lower gross profit margins
.
In addition, the company may also face risks such as changes in the prices of major raw materials, prohibited and restricted use of pesticide varieties, changes in exchange rates, environmental protection and safe production
.
Limin shares are mainly engaged in the research and development, production and sales of agricultural fungicides and preparations
.

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