2024 Limin Stock Investor Exchange Event - Entering Jiangsu Fungicide Base

On December 4th, more than 30 institutional investors including Guohai Securities, Oriental Fortune, Kaiyuan Securities, Guolian Securities, Penghua Fund, Taiping Fund, Galaxy Fund, Western Lide Fund, Guotai Fund, and Ping An Fund visited Limin Chemical, a subsidiary of Limin Group, to participate in investor research and exchange activities and explore new opportunities for cooperation. Vice Chairman Zhang Qing, President Fan Chaohui, Director and Chief Engineer Sun Jingquan, Director Li Yuanyuan, Vice President and Chief Financial Officer Shen Shuyan, Secretary of the Board Wu Hao, Special Assistant to the President and Deputy Director of the Market Center Zou Feng, Deputy Director of the Market Center Tan Wei, Vice President of the Research Institute of the Technology Research Center Li Linhu, General Manager Liu Guojun of Xinhe Company and other leaders introduced the company's business and development plan and answered research questions at the communication meeting.

The research team visited Daisen Manganese Zinc Factory and Xinhe Baijunqing Factory to further understand the development history of Limin Group and the development situation of its subsidiaries. During the communication and exchange session, Fan Chaohui, the CEO of Limin Corporation, first gave an on-site introduction to the company's future development strategy and business situation. In the first three quarters, the company focused on deepening and expanding its core business, promoting dual round efforts in the international and domestic markets, adopting a series of measures to make up for shortcomings and improve internal strength to reduce costs and increase efficiency, optimizing resource allocation to ensure the quantity and efficiency improvement of key product projects, building a "biosynthetic" technology platform to accelerate "biomanufacturing", implementing group operation to promote management efficiency upgrading, and achieving significant improvements in the company's operating capabilities, main business profitability quality, and operating performance.

In 2025, Limin Group will seize the opportunity of industry cycle adjustment and recovery, gradual release of foreign demand, and launch of orders from domestic formulation manufacturers to seize orders and comprehensively improve business performance; The company will adhere to the principle of "ensuring intrinsic safety", highlight the investigation and rectification of safety risks and accident hazards, carry out investigations and rectification, resolve safety risks, and achieve stability and excellence. To respond to changes immediately, we will spare no effort to achieve "ultimate quality and cost, ultimate brand and service", "rapid layout and expansion overseas, rapid improvement of R&D energy efficiency", "rapid breakthrough overseas", "rapid improvement of R&D energy efficiency", "solid management foundation", "solid market value management", and continue to maintain our position as an excellent player in the industry. At the same time, detailed introductions were made on the application of synthetic biology in agriculture and animal medicine, the South American market situation, and the situation of Daizen manganese zinc and Dasheng brand.

During the Q&A session, the guests actively asked questions and spoke up, focusing on the company's business situation, Baijunqing, Daisen Manganese Zinc, Abamectin, Dasheng brand and other products and brand expansion, as well as Limin Group's future development plan, to discuss the company's future development together.

South America is the largest and fastest-growing region in the global agrochemical market. By 2023, the Brazilian agrochemical market will reach a size of 16.3 billion US dollars, making it the world's largest agrochemical market and accounting for 20% of global agrochemical sales; The economies of South American countries are highly dependent on agriculture, with a large area of undeveloped arable land and enormous growth potential in the agricultural market. Brazil has a humid and hot climate, with frequent outbreaks of crop diseases, making it the world's largest market for fungicides; The main crop in Brazil is soybeans, accounting for 45% of the total planting area; Soybean rust is currently the most common soybean disease in Brazil due to its susceptibility to resistance and difficulty in prevention and control; Protective fungicides, due to their multi-point action mechanism, are not easily resistant and have been widely used in the prevention and control of soybean rust, leading to rapid growth; Among protective fungicides, mancozeb and chlorothalonil are the most mainstream varieties due to their excellent efficacy and convenient use; The combination of protective and therapeutic fungicides is expected to be applied to new crops and markets in the future.

Through on-site visits and in-depth exchanges, the research team learned that Limin Group has further improved its quality and efficiency, gradually resolved risks, and achieved steady growth in performance. They also deeply felt Limin Group's efforts in corporate governance, market expansion, brand building, and other aspects, laying a solid foundation for the company's good development trend.

This exchange activity further strengthened the communication and connection between the company and investors in the capital market, presented the real development situation of listed companies to investors, helped investors further understand the future development and core competitiveness of Limin Shares, increased the intuitive understanding of Limin Group' development in the capital market, achieved effective transmission of company value to market valuation, and made positive contributions to promoting the healthy and stable development of the capital market.

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