12月16日-18日，2025HOTELEX深圳国际酒店及餐饮业博览会在深圳国际会展中心(宝安)隆重举办，展 会汇聚2500+优质展商，吸引150000+专业观众，并聚焦数字化运营、餐饮创新、供应链升级等前沿议 题。 制与数字化配方管理系统，对糖度、茶汤、果汁、乳制品等每一份原料进行严格的精准计量与调配，告 别人工误差，实现口味的高度一致。 据介绍，安吉尔全自动智能奶茶机适用于追求快速复制与严格标准化的连锁品牌，能显著降低跨区域门 店的管理复杂度与培训成本。其不仅提升了前端效率，更通过智能运维和灵活设计，为连锁品牌的规模 化扩张提供了数字化动力 。 该设备采用了模块化设计，各功能单元独立且易于拆装，这一设计不仅支持快速维护与未来升级，更能 灵活适配门店现有冰箱设备，有效帮助客户控制投入成本。同时，设备具备智能自清洁程序，可一键启 动对茶仓、奶仓、管路等核心部件进行深度清洗与消毒，极大减轻了日常保养负担，保障了食品安全与 设备的长期稳定运行。 安吉尔商用携智能全自动奶茶机、咖啡专用净水器等多款创新产品亮相展会，向全球餐饮专业人士展示 专业的餐饮净水解决方案。 安吉尔智能全自动奶茶机惊艳亮相，聚焦展会核心目光 展 ...

Core Viewpoint - The slow-release compound fertilizer industry is experiencing significant growth driven by government policies promoting efficient and environmentally friendly fertilizers, with a projected market size of 312.7 billion yuan in China by 2024, and a compound annual growth rate (CAGR) of over 5% expected for production by 2025 [1][10]. Group 1: Industry Overview - Slow-release compound fertilizers utilize physical, chemical, or biological technologies to precisely control nutrient release, matching crop needs and improving nutrient utilization rates by 30%-50% [1][2]. - The industry is transitioning from economic crops to field crops, with the market for slow-release fertilizers expected to expand significantly due to their comprehensive advantages [1][10]. - The Chinese fertilizer market is projected to reach 312.7 billion yuan in 2024, with compound fertilizers accounting for nearly 50% of the application volume, solidifying their role as a market core [1][10]. Group 2: Policy Environment - The Chinese government has implemented multiple policies to encourage the development of efficient and environmentally friendly fertilizers, positioning slow-release compound fertilizers as a key component in promoting agricultural green development [1][6]. - Key policy documents include the "Action Plan for Reducing Chemical Fertilizer Use by 2025" and the "Guidelines for Promoting Agricultural Modernization," which collectively support the growth of the slow-release fertilizer sector [1][6]. Group 3: Industry Chain - The industry chain consists of upstream suppliers of nitrogen, phosphorus, potassium fertilizers, and coating materials, with midstream production focused on slow-release fertilizer manufacturers utilizing various technologies [1][8]. - The downstream application primarily serves agriculture, with nearly half of the demand coming from economic crops, while non-agricultural sectors like landscaping are also emerging [1][8]. Group 4: Competitive Landscape - The industry is characterized by a competitive landscape dominated by leading companies such as Kingenta, Stanley, and Ba Tian, which leverage technology and scale to establish market barriers [1][11]. - These leading firms are innovating in areas such as biodegradable coating technology and specialized fertilizers tailored to crop growth stages, enhancing their competitive edge [1][11]. Group 5: Future Trends - The slow-release compound fertilizer industry is expected to evolve towards precision technology, market structure optimization, and global collaboration, focusing on biodegradable materials and smart technology integration [1][12]. - The dual drive of policy and market demand will continue to shape the industry, leading to increased concentration and a shift towards specialized and functional products [1][14]. - Companies are likely to expand their applications beyond traditional agriculture into areas like ecological restoration, enhancing growth opportunities [1][15].

Group 1 - The core viewpoint of the article highlights that Guoguang Co., Ltd. is actively promoting a comprehensive crop management solution through a collaborative approach involving technical marketing personnel, distributors, and retailers [2] - The company employs a "field service + online real-time service" model to connect with farmers, ensuring timely assistance in addressing crop management issues [2] - This dual collaboration strategy aims to enhance the efficiency of crop management and improve the overall support provided to farmers [2]

Core Viewpoint - Guoguang Co., Ltd. is facing significant challenges in its overseas pesticide business due to complex registration systems, varying requirements across countries, and systemic entry barriers, which lead to high investment risks and uncertainties [2] Group 1: Challenges in Overseas Business - The overseas pesticide business encounters complex and lengthy registration processes in certain countries or regions [2] - There are substantial differences in requirements across different countries or regions, contributing to operational difficulties [2] - Systemic entry barriers or hidden barriers exist in some countries, increasing the risk profile of overseas investments [2] Group 2: Strategic Response - To mitigate risks and seize commercial opportunities, the company has signed a "Cultivation Agreement" with related party Yan Yaqi, which will be effective after approval by the company's shareholders [2] - Yan Yaqi will be entrusted to cultivate overseas pesticide projects in target markets across Asia, Africa, and Latin America based on market principles [2] - This strategy aims to avoid potential competition with related parties and protect the interests of all shareholders, especially minority shareholders [2]

证券日报网12月17日讯国光股份在12月16日回答调研者提问时表示，公司的研发活动系应用研发。今年 前三季度研发费用增加，主要是因为公司加大了新产品登记力度。 （文章来源：证券日报） ...

证券日报网12月17日讯国光股份在12月16日回答调研者提问时表示，公司技术服务模式对终端推广人员 的需求较大。近年来公司加大了技术服务人员和技术营销人员的配置。2025年公司招聘应届大学毕业生 300余名，其中绝大部分在农林院校接受过系统、专业的学习。截至目前，公司技术营销及技术服务团 队的整体规模已突破千人。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网12月17日讯国光股份在12月16日回答调研者提问时表示，公司采取渠道销售模式，即"公司 —经销商—零售商—客户"四主体三环节的销售模式，经销商网络下沉到县乡一级，最终消费群体主要 为种植户、园林绿化养护单位等。公司对经销商的销售主要采取的是先款后货的结算方式，通过技术服 务的方式，指导种植者科学合理用药，帮助种植者提高种植水平、提质增产。 ...

Industry Overview - The plant growth regulator industry has approximately 540 licensed enterprises, with over 120 being active in raw material registration [1] - By mid-2025, it is projected that there will be over 1,900 registered plant growth regulators in China [1] Company Position - The company holds 150 plant growth regulator registration certificates, representing 7.8% of the total industry certificates [1] - There are 39 companies that possess 10 or more registration certificates, collectively holding 733 certificates [1] Market Dynamics - The industry is characterized by small and dispersed enterprises, which is favorable for the development of leading companies [1]

Core Viewpoint - The announcement of the Ministry of Agriculture and Rural Affairs regarding the regulation of pesticide labels and instructions is expected to enhance market consistency and quality in the pesticide industry, leading to increased market concentration and competitive advantages for companies with quality registration certificates [1] Industry Summary - The Ministry of Agriculture and Rural Affairs issued Announcement No. 925 on December 16, 2025, which will be implemented starting January 1, 2026 [1] - The announcement mandates that pesticide products with the same registration certificate number must display the same trademark, ensuring consistency in branding across the country [1] - The regulation allows for one or multiple trademarks to be displayed on products with the same registration number, provided that the branding remains consistent for market sales [1] - This initiative aims to further standardize pesticide labeling, safeguard product quality, maintain fair competition in the pesticide market, protect the rights of growers, and promote the healthy and sustainable development of the pesticide industry [1] - The implementation of the "one certificate, one product" policy is anticipated to increase market concentration within the pesticide industry [1]

Group 1: Sales and Marketing Strategy - The company employs a channel sales model involving "Company - Distributor - Retailer - Customer," with a focus on reaching end consumers like growers and landscaping maintenance units [2] - Sales to distributors are primarily conducted on a prepayment basis, with technical services provided to guide growers in effective pesticide use [2] - The full-cycle solution promotion is executed through collaboration between technical marketing personnel, distributors, and retailers, utilizing both on-site and online services [2] Group 2: Industry Landscape - There are approximately 540 licensed enterprises in the plant growth regulator industry, with over 1,900 registration certificates in China as of mid-2025 [3] - The company holds 150 plant growth regulator registration certificates, accounting for 7.8% of the total industry certificates, indicating a fragmented market that favors leading enterprises [3] Group 3: Human Resources and Recruitment - The company has increased its recruitment of technical service and marketing personnel, hiring over 300 recent graduates in 2025, primarily from agricultural universities [3] - The total size of the technical marketing and service team has surpassed 1,000 members [3] Group 4: International Business Development - The signing of the "Cultivation Agreement" aims to mitigate risks associated with overseas pesticide registration complexities and to enhance long-term strategic development [3] - The agreement allows a related party to cultivate overseas pesticide projects in various regions, including Asia, Africa, and Latin America [3] Group 5: Regulatory Impact - The "One Certificate, One Product" policy, effective January 1, 2026, aims to standardize pesticide labeling and enhance market order, potentially increasing market concentration in the pesticide industry [4][5] - Companies with high-quality registration certificates will gain a competitive advantage under this new regulation [5] Group 6: Research and Development - The company's R&D expenses have significantly increased in the first three quarters of 2025 due to intensified efforts in new product registrations [5]