Hefei Fengle Seed Co.Ltd(000713) 2021 net profit of 183 million yuan, an increase of 263.05%

On April 19, Hefei Fengle Seed Co.Ltd(000713) released the annual report for 2021. During the reporting period, the operating revenue was 2.617 billion yuan, a year-on-year increase of 6.54%. The net profit attributable to shareholders of listed companies was 183 million yuan, a year-on-year increase of 263.05%.

During the reporting period, the seed industry continued to improve the industrial layout of corn, rice and other industries, continuously optimize the product structure, select and cooperate high-quality varieties, give play to the synergistic effect of multi-body operation, expand the market with advantageous varieties, and the overall profitability continued to rise. The agrochemical industry adheres to the bottom line of safety and environmental protection, speeds up project construction and fine management, and continues to promote the integrated development of seed, medicine and fertilizer. The spice industry has strengthened market prediction, steadily controlled business risks, accelerated product transformation, improved the technical content of varieties, and achieved good results.

During the reporting period, the company carefully analyzed the industrial development trend and defined the development objectives, so as to accelerate the improvement of the scientific research and innovation ability of the seed industry, optimize the industrial layout and strengthen the optimization of product structure, so as to promote the high-quality development of the seed industry. At the same time, we strengthened the extension of the industrial chain and continued to promote the integrated development of the pharmaceutical and fertilizer industry. The company’s operation grew steadily and achieved a good start in the 14th five year plan. During the reporting period, the company was listed by the Ministry of agriculture and rural areas as the key object of supporting excellent enterprises, and was selected into the “leading enterprise team” and “strong advantage formation” of seed industry. It is the first echelon of national key supporting excellent seed enterprises; The company won the honorary title of “ten-year AAA credit enterprise” in the seed industry. As of December 31, 2021, the company’s seed industry has 71 Chinese registered trademarks and 5 foreign registered trademarks; Fengle agrochemical has 263 registered trademarks and 41 invention patents; Fengle flavor has 12 registered trademarks in China, 2 foreign registered trademarks and 10 invention patents.

Hefei Fengle Seed Co.Ltd(000713) said that in the next step, the company will accelerate the development of biotechnology research and industrialization, cooperate and apply new technologies and methods with the seed industry research and development platform with advanced technology, take the lead in the field of biological breeding technology, master the cutting-edge core technology of seed industry research and development, and enhance the core competitiveness of the company. Accelerate the research and development of varieties and technologies, systematically carry out the development of functional markers for crops such as rice, corn and melon, and improve the scale and level of gene testing. Steadily promote the application of gene editing technology in breeding and improve the breeding efficiency of new varieties. We will strengthen the external introduction of resources, break through the “stuck point” of resources, analyze and excavate the specific genes of existing resources, and create fengle characteristic germplasm resources. Promote the exchange and sharing of information, resources and technology among the cooperative units of the Innovation Research Institute, explore and implement substantive operation, and speed up the progress of cooperative projects. Guided by market demand, targeted and efficient “precision breeding” will be carried out to carry out the breeding of new varieties of high-quality, high-yield and stress resistant crops and special melon and vegetable varieties, so as to promote the industrialization of achievements.

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