Oct. 24, 2019
Jiangsu Fengshan Group Co., Ltd.
recently announced the progress of resumption of productions, where the company's technical production is expected to be resumed on October 25th, 2019.
According to the company's previous announcement, the temporarily shut-down technical material workshop mainly produces four kinds of pesticide technical, i.e. trifluralin, nicosulfuron, quizalofop-p-ethyl and chlorpyrifos. The revenue of the above-mentioned technicals in 2018 accounted for 58.68% of the consolidated main business revenue of the year.
Fengshan Group is mainly engaged in R & D, production and sales of high-efficient, low toxicity, low residue and environment-friendly pesticide technical, formulations and pesticide intermediates. Since its establishment in 1988, the company has established its production system made up by four major technical materials, namely trifluralin, nicosulfuron, quizalofop-p-ethyl and chlorpyrifos as well as respective formulations. From January to June this year, Fengshan Group achieved an operating revenue of Yuan663 million which is 17.38% up year on year and net profit of Yuan82.91 million attributable to shareholders which is 3.11% down year on year.