Middle farmer seed industry: The holding subsidiary plans to increase the related sales quota for 2025 by 128 million yuan.
Zhongnong Fazhong Industry announced that its controlling subsidiary, Henan Agricultural Chemicals, is expected to increase its sales to the related party Beijing Yingtai and its subsidiaries in 2025. It plans to increase the amount of related sales by 128 million yuan, with a total expected amount of 338 million yuan after the increase. The cumulative amount already occurred from January to September 2025 is 123 million yuan. This matter has been approved unanimously by the 54th meeting of the 7th Board of Directors of the company, and still needs to be submitted for approval by the shareholders' meeting. As of September 30, 2025, Beijing Yingtai's revenue is 4.34 billion yuan, with a net profit of -9.6266 million yuan. This transaction follows the principle of fairness and will not affect the independence of the company.
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