SHENZHEN BAOCHENG CHEMICAL

It has been a challenging market environment for all of agriculture; how is your company positioned to work through global disruption and deliver your products and services?
Shenzhen Baocheng Chemical will deepen cooperation with large-scale technical suppliers while ensuring quality, but also will focus on the stability of the supply chain. In terms of market, we continue to focus on exploring new markets and applying for more new registrations, so that although the domestic supply chain will be affected by government policies, we believe that the situation will improve in 2023 and the market will continue to grow.

What do you see as the biggest opportunity that will have a major impact in 2023?
For most products, the supply chain is back to normal in China now, because of government policies and the pandemic situation being better. The price for most products has already been going down, and we think the price will stabilize in 2023. We will focus more attention on new products with better profits. For technical, the big manufacturers will become bigger, as the government restrictions increase in the future. Our company will continue to cooperate with them and use the advantage of our four formulation plants to enhance our formulation competitiveness.

What are some new product launches or major developments within your company?
Our company achieved nearly 50 new registrations in 2022, and our turnover rose more than 25% in 2022. We will invest more in registration, including GLP reports, and in some intermediates to have an increased advantage for future competition.

www.baochengagro.com
Dennis Lu, Vice Managing Director
+86-755-82192796/82192178
[email protected], [email protected]