Fengle Seed Industry: By the end of 2024, the company's inventory increased by 274 million yuan compared to the previous year, mainly due to an increase in corn seed inventory.

Fengle Seed Industry stated on the interactive platform that the company's inventory at the end of 2024 increased by 274 million yuan compared to the previous year, mainly due to an increase in corn seed inventory. In 2024, the company significantly improved production management effectiveness, combined with good weather conditions, corn seed production area and average yield both reached record highs, increasing production by 12 million kilograms more than expected. In terms of inventory quality, the inventory has a short shelf life, with mainly new and popular varieties, making it a benign inventory.