Recently, Limin Holding Group Co., Ltd. issued an announcement stating that its wholly-owned subsidiary Limin Chemical Co., Ltd. ("Limin Chemical") has an annual output of 500 tons of difenoconazole project and its holding subsidiary Inner Mongolia Xinweiyuan Biochemical Co., Ltd. ("Xinweiyuan") with an annual output of 500 tons of emamectin benzoate project and its holding subsidiary Hebei Shuangji Chemical Co., Ltd. ("Shuangji") with an annual output of 10,000 tons The Sen series product project has completed the construction of the main body of the project and the equipment installation and commissioning. The trial production plan has been reviewed by experts and entered the trial production stage.
01
Difenoconazole project
The difenoconazole project is one of the non-public offering of shares of Limin Holding Group, and is the expansion of Limin Chemical’s superior products. Difenoconazole is a therapeutic systemic triazole fungicide. It has broad-spectrum, safe, preventive, curative and eradicating effects on a variety of plant diseases. It is an efficient, safe and environmentally friendly pesticide with a broad market prospect. This expansion will further improve the technological level and product quality, and consolidate the company's competitive advantage in high-efficiency and low-toxicity fungicides.
02
Emamectin benzoate project
The emamectin benzoate project is one of the public issuance of 980 million yuan of convertible corporate bonds by Limin Holding Group, and is an expansion of the existing competitive products of New Weiyuan. Emamectin benzoate is one of the abamectin series products. It is a high-efficiency semi-synthetic antibiotic insecticide, used to control farmland lepidopteran pests, and is against mammals, aquatic animals and pests. Natural enemies have low toxicity and high safety in use. Emamectin benzoate has a unique environmental protection function, and is an environmentally-friendly pesticide product that is promoted by the state. With the reduction of large-scale production costs, this product will have strong market competitiveness.
03
Daisen series product project
The Daisen series product project is the expansion of the existing superior products of Shuangji Company. Daisen series products belong to high-efficiency, low-toxicity and low-residue pesticide fungicides. They have the characteristics of wide sterilization spectrum, multiple action sites, no drug resistance, and can supplement the trace elements required by crops to effectively improve the quality of crops. Market demand exuberant. Shuangji Company has more than 30 years of production history of Daisen series products. The completion of the new project will help Shuangji Company realize capacity expansion and quality upgrade, enhance product market competitive advantage, and effectively alleviate the shortage of product supply.
Limin Holding Group Co., Ltd. is a modern enterprise group integrating R&D, production and sales of pesticides (veterinary drugs) raw materials and preparations. It has a production capacity of 82,000 tons/year of technical materials and 124,000 tons/year of preparations.
The main products of Limin Chemical Co., Ltd., a wholly-owned subsidiary, include daisen, cymoxanil, aluminum triethylphosphonate, pyrimethanil, methamphetamine, mesotrione and other technical and preparation products.
The main products of the holding subsidiary Hebei Weiyuan Biochemical Co., Ltd. include abamectin, emamectin benzoate, glufosinate, azoxystrobin, pymetrozine, diflubenzuron, clothianidin, dinotefuran, thiazoline, fluorine Series of technical products and preparations such as triflumuron.
The main products of the holding subsidiary Hebei Shuangji Chemical Co., Ltd. include original medicines and preparation series products such as Daisen, lime sulfur mixture, sulfur suspension concentrate and so on.