On January 12, Hailir Pesticides and Chemicals Group Co., Ltd. (stock abbreviation: Hailir, stock code: 603639) celebrated its IPO A-share listing ceremony at the Shanghai Stock Exchange, indicating an additional A-share member to the pesticide industry.

Since its establishment 17 years ago, Hailir has grown into a leader in the Chinese pesticide and formulation field. The company, positioned itself as a pesticide company with complete industrial chains for pesticide formulation, pesticide technical and intermediates, currently has the pricing power for technical products acetamiprid, imidacloprid, etc. In the past two years, the company has been focusing on major strategic pesticide products and the integration of fertilizer and pesticides, which has made remarkable results. Its glufosinate-ammonium series products, with the exit of paraquat, have formed a brand advantage in the market; its Jiameite Fertilizer Station, which features high-end liquid fertilizer, is opened across the nation; its large-scale pyraclostrobin technical project will be put into operation in 2017. The project, which adopts a fully automated production line, is expected to become a new fast growth area of the company in 2017, as the pyraclostrobin market enters into a bonus period.