Xinnong Co., Ltd. announced that the company previously disclosed that it plans to invest in the construction of 20,000 tons of green, digital and environmentally friendly formulations, biologics and supporting projects with an annual output of 20,000 tons. The project will be built in two phases. As of the disclosure date of this announcement, the first phase of the project has built an intelligent formulation workshop, an intelligent three-dimensional warehouse, a power workshop, an ordinary warehouse, and supporting infrastructure. Recently, joint tests have been completed and the trial production stage has been completed. The first phase of the project is expected to increase production capacity of 115,000 tons/year. Construction of the second phase of the project has not yet started. The original planned construction period for this project was 20 months. Due to changes in the market environment and accelerated equipment renewal and iteration, the construction progress was delayed from the original plan.

Xinnong Co., Ltd. announced that the company previously disclosed that it plans to invest in the construction of 20,000 tons of green, digital and environmentally friendly formulations, biologics and supporting projects with an annual output of 20,000 tons. The project will be built in two phases. As of the disclosure date of this announcement, the first phase of the project has built an intelligent formulation workshop, an intelligent three-dimensional warehouse, a power workshop, an ordinary warehouse, and supporting infrastructure. Recently, joint tests have been completed and the trial production stage has been completed. The first phase of the project is expected to increase production capacity of 115,000 tons/year. Construction of the second phase of the project has yet to commence. The original planned construction period for this project was 20 months. Due to changes in the market environment and accelerated equipment renewal and iteration, the construction progress was delayed from the original plan.