Think Real News


Think Real press releases and industry coverage

Local pesticide formulator Meibang Pharmaceutical to go public in China

 In early August 2021, the China Securities Regulatory Commission approved the application from Shaanxi Meibang Pharmaceutical Group Co., Ltd. (Meibang Pharmaceutical) for going public.


Meibang Pharmaceutical is chiefly engaged in research & development, production and sales of pesticide formulations including fungicides and insecticides. The company prepares to get listed on the Shanghai Stock Exchange and issue not more than 33.80 million shares to raise USD75.4 million, USD23.6 million of which will be used in its technological transformation of production base for manufacturing eco-friendly pesticide formulations.


According to the company, the total shares issued through this offering will take up more than 25% of its total shares after the offering.


The years 2018~2020 witnessed a positive growth in the company’s key financial figures. During these three years, its annual revenue reached USD67.8 million, USD79.7 million and USD87.9 million and the net profit was USD9.2 million, USD11.8 million and USD12.2 million, respectively.


Table 2: Meibang Pharmaceutical plans to invest funds raised in several projects



Amount of investment, million USD


Technological transformation of production base for manufacturing eco-friendly pesticide formulations



Construction of a complex laboratory



Establishment of marketing network system



Corporate informatization construction



Supplementation of working capital





Source: Meibang Pharmaceutical



CCPIA Registration Hunan Haili Jiangsu Flag Export and Import tetraniliprole GM Paraquat MOA Jiangsu Lanfeng pests & diseases Arysta wheat dicamba Pests and Diseases carbendazim glufosinate-ammonium Winall Hi-Tech soybean Xanthan gum Jiangsu Jiujiujiu Hubei Sanonda Sinochem Corn Jiangsu Changqing Limin Hubei Xingfa ADAMA NEEQ Rotam Veyong Bio-Chemical pesticide Sino-Agri Leading Project Dynamic Zhongnongfa Seed Yongnong BioSciences wheat scab CAAS Fall armyworm Zhongbao Lvnong Meihua Bio Zhejiang Wynca Policy Sugar Henan Lotus Lianhetech Lianhe Tech Metaflumizone wheat head blight Hailir IPO Jiangsu Yangnong Nanjing Redsun 草甘膦 glyphosate pesticides Fuhua Group environment protection Nantong Jiangshan Baolingbao Longlive Biotechnology RedSun lysine imidacloprid Crop and Seed Shenghua Biok MIIT Jingbo Dow AgroSciences Xiwang Food Zhejiang Xinnong Huaheng Biotechnology ICAMA Nutrichem Bayer Top 100 Lier Chemical CAS Chlorpyrifos Sanonda Seed COVID Qingdao Hailir Shandong Qiaochang MEP ABA Chemicals Sipcam Jiangsu Kwin VB2 Price BASF Jiangsu Huifeng Shenzhen Noposion Hebei Veyong pyraclostrobin Anhui Guangxin seed treatment Azoxystrobin Sichuan Hebang Longping High-tech Star Lake Bioscience Beijing Yoloo Fuhua Tongda imazamox MARA Shandong Luba FMC Registration Monitor DuPont Pakistan Glufosinate-P CAC ABACHEM ChemChina Project Monitor JPRI Export Weifang Rainbow Limin Chemical Fengle Seed Sevencontinent 百草枯 spodoptera frugiperda Huapont-Nutrichem DowDuPont Company Dynamic Syngenta COFCO Biochemical Output MOFCOM Nippon Soda Bayer CropScience Insight NATESC Noposion CNSA glyphsate Lianhe Chemical Sino-Agri Environmental Protection QHT Mancozeb Market Dynamic Fufeng Group Pesticide Formulations