Shandong Denghai Seeds Co., Ltd.
登海种业
002041
Shenzhen Stock Exchange
Company Profile
The company is a national high-tech enterprise, a national innovative enterprise, the national corn Engineering Technology Research Center (Shandong), the national corn new variety technology research and promotion center and the national recognized enterprise technology center, the national key leading enterprise of agricultural industrialization, the post of Taishan scholar in Shandong Province, the Key Laboratory of corn breeding and cultivation technology enterprises in Shandong Province Corn industry technology innovation strategic alliance and other technology innovation platforms with industry influence; The company has successively won 25 national, provincial and ministerial awards such as the first prize of national Spark, the first prize of national scientific and technological progress and the first prize of scientific and technological progress of Shandong Province. It has established a stable breeding base in Hainan Province and has strong technological development and innovation ability. At present, the company has 6 national and 3 provincial R & D platforms. In November 2020, it was approved to prepare for the establishment of Shandong corn technology innovation center (Shandong science and Technology Department). On September 28, 2020, the company established the "compact hybrid corn research center". As of June 30, 2021, the company has applied for 204 variety rights and obtained 129 variety rights; There are 16 authorized patents, including 9 invention patents and 7 utility models. The company has established cooperative relations with some domestic colleges and universities and relevant multinational companies to continuously carry out technical reserves and innovation, so as to ensure the company's leading technical level in the same industry. The company is the first pilot enterprise to implement the integration of education, reproduction and promotion in China. It has formed a stable industrial model, which meets the requirements of the national industrial development support policy. At present, relatively stable seed production and processing bases have been established in Xinjiang, Gansu, Ningxia and Shandong, with 8 modern seed processing systems characterized by fresh ear drying. Under the leadership of researcher Li Denghai, known as the "father of compact hybrid maize in China", the company has continuously researched, developed and innovated maize breeding and tackled key problems in high yield for nearly 50 years, and completed the progressive substitution of five generations of Maize Hybrids represented by Yedan 2, Yedan 6, Yedan 13, Denghai 661, Denghai 605 and Denghai 618, leading the development direction of Hybrid Maize in China, The variety reserve was improved, and the re upgrading ability of high-yield varieties was significantly enhanced. At present, the fourth and fifth generation varieties Denghai 605 and Denghai 618 have been welcomed by the majority of farmers with good disease resistance, high yield, lodging resistance, early maturity and other characteristics since they were approved to enter the market, showing strong competitive advantages in the product market, and the annual sales volume has been increasing continuously. In 2020, China Seed Association selected 20 "Hall of honor" maize varieties from more than 16000 maize varieties promoted in recent 40 years, taking the promotion area in a single year and the cumulative promotion area as the index. Five maize varieties independently bred by Denghai seed industry, Yedan 2, Yedan 12, Yedan 13, Yedan 19 and Denghai 605, were selected, which is the unit with the most varieties selected. In recent years, the number of new varieties with independent intellectual property rights and strong market competitiveness approved by the company has increased significantly, injecting new impetus into the continuous growth and healthy development of the company's performance.
Full description
The company is mainly engaged in the breeding of new crop varieties and the production, sub packaging and sales of crop seeds within the business scope specified in the license. The company has long been committed to the research of corn breeding and high-yield cultivation. It is the first pilot enterprise to implement the integration of breeding, propagation and promotion in China. It has formed a stable development industrial model, which meets the requirements of the national industrial development support policy. Since its establishment, the main business has not changed significantly. The company's main products include corn hybrids, vegetable hybrids, flower seedlings and wheat seeds. More than 90% of the company's profits come from corn hybrids. The main maize hybrids promoted by the company are Denghai 605, Denghai 618 and Xianyu 335. The company has national and provincial R & D platforms such as the national corn Engineering Technology Research Center (Shandong), the national recognized enterprise technology center and the Shandong provincial enterprise key laboratory. The breeding experimental field is more than 3000 mu, the greenhouse is more than 20000 square meters, and more than 100 sets of instruments and equipment. It can meet the needs of breeding. The main R & D body of self bred varieties of the company is the corn Research Institute of the company, and the ownership of R & D results belongs to the company. The company's seed production mainly adopts the combination mode of "company + farmer", entrusted reproduction, "company + base" and "company + contractor". The company mainly adopts the agent sales model. In the second half of each year, the company signs sales agreements with regional agents. The agent shall take delivery of the goods after paying in advance according to the delivery price specified by the company. After the end of the whole seed sales season, the company will settle with the agent according to the annual sales policy. Based on the principle of timely supply and saving storage and transportation costs, the company sets up corresponding seed warehouses in production concentration areas, finished product supply concentration areas and finished product supply centers to realize the collection and storage of semi-finished product seeds, the collection and storage of seeds after finishing and the turnover of seeds to be sold. During the reporting period, the oversupply of domestic corn seeds eased, the purchase price of commercial corn rebounded and stabilized, farmers' enthusiasm for growing grain increased, and the planting demand of corn continued to rise. However, affected by the large number of approved varieties of corn seeds in the domestic market and the high degree of homogenization, China's corn seed industry has transitioned from the stage of "several dominant" to the stage of "hundred schools of thought contend", and the market competition is still fierce. The company's main business improved, and the sales volume of corn seeds of the parent company increased compared with the same period of last year. From January to September 2021, the operating revenue was 512232900 yuan, an increase of 19.63% over the same period of the previous year; The net profit attributable to the shareholders of the listed company was 116.7706 million yuan, an increase of 100.02% over the same period of the previous year.