- Business
- Shaanxi Meibang Pharmaceutical Group Co., Ltd. (605033.SS) engages in the research, development, production and sale of pesticide preparations, primarily serving the agricultural sector in China. The company offers a range of fungicides, including 80% dimethylmorpholine water dispersible granules, 27% chunleimycin bromonitrile wettable powder, 72% pyrazole ether ester combined water dispersible granules and 22% chunleimycin chlorobromoisocyanuric acid wettable powder; insecticides, such as 21% abamectin benzoate fenitrile suspension, 22% thiamethoxam beta cypermethrin suspension, 45% biphenyl hydrazide ethiconazole suspension and 20% fenitrile bifenthrin suspension; as well as herbicides, plant growth regulators, fertilizers and microbial fertilizers. Founded in 1998 and headquartered in the High-Tech Industrial Development Zone, Pucheng County, Weinan City, Shaanxi Province, China, the company operates principally within the domestic market with approximately 998 employees. In recent developments, Shaanxi Meibang Pharmaceutical Group invests CNY 50 million in Shaanxi Nuozheng Biotechnology Co., Ltd. to support strategic expansion in biotechnology; reports 2024 revenue of CNY 885.53 million, up 26.68% year-over-year despite a 35.96% decline in net income to CNY 36.86 million; and anticipates first-half 2025 results alongside ongoing compliance with national pesticide registration policies amid stable operations.