Cloud Image Holdings: Phosphorus Compound Fertilizer Sales Reach New High in First Quarter, Profitability Significantly Restored

Yuntug Holding stated in a conference call that the company achieved a record high sales volume of compound fertilizer in the first quarter, with significantly improved profitability. The company is confident in the development of compound fertilizer, especially in the aspect of compound fertilizer, driven by the trend of increasingly stringent environmental regulations, the need to control and increase the efficiency of fertilizers, and the frequent fluctuations in prices of upstream single-component fertilizer raw materials. It is expected that small and medium-sized enterprises will accelerate their exit from the market, leading to a continuous increase in industry concentration. As for monoammonium phosphate, driven by factors such as the country's continued promotion of integrated water and fertilizer policies and the rapid development of new energy vehicles, the future of monoammonium phosphate is supported by growth in multiple areas of demand. In particular, in the industrial-grade monoammonium phosphate field, the market prospects are broad.