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Taihe Co., Ltd.: The pesticide industry is gradually recovering from the bottom, and small-scale capacities will be phased out gradually.
March 5th, Taihe Co., Ltd. stated during investor relations activities that the pesticide industry is gradually recovering from the bottom, but there is still an issue of capacity “overcompetition” within the industry; additionally, the domestic “one product, one certificate” policy has been implemented, and small capacities in the industry will gradually be phased out, with the number of varieties and brands showing a downward trend.
Daily Economic News