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    Home > Agriculture News > Fertilizer News > A number of fertilizer companies successfully listed on the New OTC Market

    A number of fertilizer companies successfully listed on the New OTC Market

    • Last Update: 2022-03-25
    • Source: Internet
    • Author: User
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    Following the successful listing of Yunnan Weixin Agricultural Technology Co.
    , Ltd.
    on the NEEQ on December 31 last year, in early 2016, two more fertilizer companies were listed on the NEEQ one after another: Sichuan Jinxiang Serui Chemical Co.
    , Ltd.
    on January 27 (Referred to as Golden Elephant Serui) was listed, and Shandong Far East International Biochemical Co.
    , Ltd.
    (referred to as Far East International) was listed for trading on February 5.
    It is understood that more than 20 fertilizer companies have successfully landed in the NEEQ for three years.
    The announcement shows that Golden Elephant Serui has a registered capital of 399 million yuan.
    The company is mainly engaged in the production and sales of melamine, nitro compound fertilizer, ammonium nitrate and other chemical products, and has formed the production of synthetic ammonia, nitric acid, and ammonium nitrate using natural gas or coal as raw materials.
    , Urea, melamine, compound fertilizer, the whole process chemical industry chain.
    Relying on its leading technological advantages, the company makes full use of the integrated, large-scale and intensive circular economy development model to form three production bases in Meishan in Sichuan, Shaya in Xinjiang, and Hengshui in Hebei, with an annual output of 225,000 tons of melamine and 2.
    05 million The production scale of ton of nitro compound fertilizer has become one of the world's largest melamine manufacturers and the top nitro compound fertilizer manufacturer in the country.
    The data shows that from January to June 2015, Jinxiang Serui’s main operating income was 1.
    608 billion yuan, an increase of 0.
    52% over the same period in 2014.
    During the reporting period, the company’s demand for nitro-compound fertilizer was increasing, and its contribution to revenue increased from 2013 The percentage of gross profit increased from 37.
    94% in the first half of 2015 to 52.
    53% in the first half of 2015, and the gross profit contribution rate rose from 25.
    16% in 2013 to 69.
    38%, becoming the company’s vigorously developed product.
    Far East International Corporation is mainly engaged in the production and sales of peptides, dual-enzyme series of new high-efficiency compound fertilizers and other compound fertilizers.
    It is the only enterprise in China that has high-tower technology to produce peptides and dual-enzyme compound fertilizer products.
    The data shows that in 2013, 2014, and 2015 from January to May, the company's main business revenue was 1.
    486 billion yuan, 1.
    599 billion yuan and 653 million yuan, and net profits were 144 million yuan, 155 million yuan, and 6899 yuan, respectively.
    0.
    4 million yuan.
    During the reporting period, affected by the decrease in product prices lower than the decrease in raw material prices, the gross profit margin of the company's peptide compound fertilizer and dual-enzyme compound fertilizer showed an upward trend year by year.
    It is understood that since its official inauguration in Beijing on January 16, 2013, the New Third Board has been in operation for three years.
    Compared with the main board market, the new third board, which has relatively low entry barriers, has become the main battlefield for many emerging fertilizer companies to enter the capital market.
    In addition to the two newly listed fertilizer companies this year, in 2015, more than 20 fertilizer companies, including Genliduo, Aojia Eco, Diyi Eco, Xiangyun, Shida Technology, Laimjia, and Penshibao, successfully landed on the NEEQ.
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