Weekly market overview

1. Fuhua Chemical's IPO application has been accepted by the Shenzhen Stock Exchange

Recently, according to the Shenzhen Stock Exchange's issuance and listing review information, the IPO of Fuhua Tongda Chemical Co., Ltd. (Fuhua Chemical) 

on the Shenzhen Main Board has been accepted.

Fuhua Tongda Chemical Co., Ltd. was established in 2007. The company's main business mainly includes the pesticide sector and the chemical sector. The 

main product of the pesticide sector is glyphosate.

02. Lier Chemical Releases Performance Forecast for the First Half of 2023

Recently, Lier Chemical Co., Ltd. released the performance forecast for the semi-annual period of 2023 (January 1, 2023 to June 30, 2023).

According to the announcement, in the first half of this year, the company achieved a net profit of 475 million to 485 million yuan attributable to 

shareholders of listed companies, a decrease of 54.66%-53.70% over the same period last year; the net profit attributable to shareholders of listed 

companies after deducting non-recurring gains and losses It was 475 million to 485 million yuan, a decrease of 54.79% to 53.84% over the same 

period of the previous year.

03. Ourofino launches soybean fungicide Pontual in Brazil

The Brazilian company Ourofino Agrociência (Ourofino) recently launched the soybean fungicide Pontual (azoxystrobin + cyproconazole + chlorothalonil) 

at the Brazilian Agricultural Expo.

Pontual is a fungicide for resistance management that combines multisite protection, preventive action of methoxyacrylates and efficacy of triazoles. In 

addition to Asian rust, the product can also control brown spot, anthracnose, leaf blight, brown spot and white spot.

04. Ascenza launches fungicide Cuprital 700 (cupric oxychloride) in Brazil to control citrus canker

Recently, Ascenza's multi-site fungicide and fungicide product Cuprital 700 has been approved for registration in Brazil.

This product is a protective agent based on copper oxychloride (Cu+2e), which is mainly used for the prevention and treatment of citrus canker caused by 

Xanthomonas citri subsp risk.

05. Corteva Biostimulant Product Receives First USDA Certification

Recently, Corteva Agriscience announced that its microbial technology-based nitrogen fixation product, Utrisha N (known as BlueN in some markets), has been 

certified by the Agricultural Market Service (AMS) of the United States Department of Agriculture (USDA) as a U.S. agricultural product. Department of Process 

Verification Program (PVP), awarded the USDA Process Verification Shield.