Zhenong Holding Group Co., Ltd.

Zhenong Holding Group Co., Ltd. is located by the Qiantang River in *. The predecessor of the company was Zhejiang Provincial Agricultural Production Materials Company, founded in 1952. In 1999, it was restructured into a limited liability company, with a current registered capital of 550 million yuan, 18 holding member enterprises, and nearly 10,000 employees. The Group adheres to the development strategy of "limited diversification at the group level and specialized operations of subsidiaries," based on agricultural materials businesses such as chemical fertilizers, pesticides, and agricultural film. It seizes hotspots in national economic development, strives to expand and innovate, and has initially formed main business segments including agricultural materials, automobiles, plastics and chemicals, real estate, quasi-financial services, and import and export. Major economic indicators such as enterprise operating scale and economic benefits have ranked among the top provincial-level agricultural materials enterprises nationwide for many consecutive years. In 2020, the Group's sales reached 81.6 billion yuan, total import and export volume was 1.345 billion US dollars, and consolidated profit in financial statements was 2.314 billion yuan. Development is the eternal theme of enterprises. Zhenong will adhere to the five development concepts of innovation, coordination, green, openness, and sharing, actively participate in supply-side structural reform, encourage employees to start businesses and innovate, cultivate replicable profit models and valuable emerging segments, promote resource integration, industry-finance integration, and physical-internet integration, and strive to become a large comprehensive enterprise group with important influence in the industry and region.