Sunger Topped on 2018 China Pesticide Sales Hundred List
On the morning of May 16th, 2018, at the 5th Pesticide Industry Economic Operation Analysis Conference held in Nanjing, Jiangsu Province, the China Pesticide Industry Association grandly issued the list of “2018 Top 100 Sales Enterprises in Chinese Pesticide Industry”, and issued a plaque certificate for the winning enterprises.
Shaanxi Sunger Road Bio-science Co., Ltd. with sales of 404.9 million RMB ranked 97th among the list, an increase of 1.6 million over last year. Although the ranking dropped from last year, Sunger achieved growth of sales amount, we believe it will develop better and better, to make greater progress.
In 2017, the pesticide industry underwent a two-level differentiation in the supply-side structural reform and the normalization of environmental protection inspections. The production and performance of the dominant enterprises have been greatly improved. Judging from the overall performance of the top 100 enterprises this year, total sales reached 154.2574 billion RMB, a significant year-on-year increase of 40.40%, an increase of 34.59 percentage points higher than last year. The threshold of the top 100 finalists rose to 387.5 million RMB, an increase of 84.5 million RMB over the previous year, an increase of 27.89%.
Last year, with the promotion of policies, the prices of pesticide products rose sharply, and the industry boomed significantly. The supply and demand direction of the original drug market was reversed, and some varieties were in short supply. The top ten sales amounted to RMB 61.5472 billion, a year-on-year increase of 90.82% year-on-year, an increase of over 100% Top 100 overall, and total sales accounted for nearly 40% of the top 100 sales. The sales of top ten enterprises in the Top 100 went up again and rose to 3 billion RMB. There are 50 enterprises with sales of more than 1 billion RMB, 11 enterprises more than previous year, accounting for 50% of the top 100 companies.
