Introduction to Hunan Haili Chemical Industry Co., Ltd.

Hunan Haili Chemical Industry Co., Ltd., known as Hunan Haili (stock code: 600731), was founded in 1994. It stands as a technology-driven joint-stock company, initiated and organized by Hunan Research Institute of Chemical Industry. It proudly holds its place among the top 500 chemical companies and the top 100 pesticide companies in China.

Hunan Haili specializes primarily in the research and development, production, and trade of pesticides and fine chemicals. Within its portfolio, there are more than 50 diverse varieties distributed across three major series, including Carbamate Pesticides, Phosgene products, and various other fine chemical products. Its flagship products enjoy a significant market presence both within China and internationally. The company has forged strategic partnerships with numerous Fortune 500 companies, and its products are in high demand across over 100 countries and regions worldwide. As a result, Hunan Haili has established itself as a prominent agricultural chemical enterprise with advantages spanning the entire industry chain. The "Haili" brand Carbamate Pesticides series and "Haili" brand alkyl phenol intermediates both bear the distinction of being "Famous Hunan Products," with the "Haili" registered trademark holding the esteemed status of a "Famous Trademark of China."

Hunan Haili has laid the foundation for a comprehensive innovation system and holds national recognition as an innovative enterprise, a national high-tech enterprise, and a national intellectual property leader. It houses the National Pesticide Creation Engineering Technology Research Center, the National Carbamate Pesticides Industrial Testing Base, a National Enterprise Technology Center, and a postdoctoral research workstation. Our unwavering focus on modern agriculture aligns with the concept of "embracing openness and diversity and benefiting future generations." We've contributed proactively to the development of modern agriculture and the enhancement of the quality and safety of agricultural products by offering a range of efficient, low-toxicity, low-residue, and environmentally friendly pesticide innovations, alongside numerous advanced technologies for China's pesticide industry.

Looking forward, Haili will adhere to a development strategy rooted in innovation-driven transformation and upgrading. We will vigorously expand and extend our industrial and value chains, promote adjustments in product structures, optimize the layout of our industrial bases, and chart a path of resource-efficient and environmentally friendly development. While creating value, our aim is to better serve society and bring benefits to humanity.

Hunan Research Institute of Chemical Industry

Established in 1951, the Hunan Research Institute of Chemical Industry stands as a pioneering research institution in China. It's not only a shining example of the country's national research system reform but also holds a pivotal role in the formation of a technology-based joint-stock enterprise, Hunan Haili Chemical Industry Co., Ltd., initiated in 1994. In 2014, the institute underwent restructuring and became known as the "Hunan Chemical Research Institute Co., Ltd." operating as a wholly-owned subsidiary of Hunan Haili.

The institute is a major center for the development and research of agrochemicals in China. It boasts five national-level research platforms, including the National Agrochemical Development Engineering Technology Research Center, the National Carbamate Agrochemical Industrial Experimental Base, the National and Local Joint Engineering Laboratory for Bionic Pesticides, the National South Agrochemical Development Center (Hunan Base), and the National Enterprise Technology Center. Moreover, it hosts two provincial-level key laboratories and five provincial-level research centers. The institute holds authorization from the Ministry of Agriculture for pesticide registration testing, covering indoor efficacy testing, field efficacy testing, residue testing, environmental behavior testing, environmental toxicology testing, and full component analysis. It is also authorized by the Hunan Provincial Fertilizer and Pesticide Quality Supervision and Inspection Authorization Station and the Hunan Chemical Product Quality Supervision Station.

The institute boasts a strong research and development force and has established a comprehensive research and development system, encompassing chemical synthesis, bioactivity screening, process optimization, engineering technology development and design, residue and full component analysis, application technology research, waste treatment, and information consulting. Notably, the institute has successfully developed a complete set of clean production technologies for a series of efficient carbamate agrochemicals and their key intermediates, positioning China's carbamate agrochemical manufacturing technology at an advanced global level.

The institute's scientific research team is formidable, and it operates a post-doctoral work station. It comprises 132 researchers, including 13 with doctoral degrees, 4 recipients of special allowances from the State Council, and 65% with senior professional titles. In collaboration with esteemed universities like Central South University and Hunan Normal University, the institute has established five joint master's programs and four joint doctoral programs. It has undertaken a total of 228 national, provincial, and municipal research projects (including 102 at the national level) and has received over 90 national and provincial-level scientific and technological achievement awards. The institute has applied for 280 Chinese invention patents and been granted 164 patents. Over 280 achievements have been transferred, benefiting more than 160 enterprises across 25 provinces and cities throughout the country, providing advanced technologies for the development of China's pesticide industry and significantly impacting the industry.