On 30 Nov., 2021, when answering questions from its investors, Shenzhen Noposion Agrochemicals Co., Ltd. (Shenzhen Noposion) shared its planning for exploring the overseas market.
Shenzhen Noposion disclosed that it has not entered the African market yet and sales volume in the overseas market accounted for a small proportion of the total. At present, its exported products are mainly sold in Southeast Asian countries such as Myanmar and Cambodia. Business in these countries is guaranteed by a letter of credit, and the risks are controllable. Besides, there is still quite much room for development in the Southeast Asian market.
Regarding sales channels, Shenzhen Noposion stated that its products are mainly sold off-line except some crop protection products for special crops are sold online. Currently, the company is working on the development and promotion of an intelligent network sales system and it will sell more and more products online and continue to optimize its network sales system in the future.
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