Setting sail on a new journey, composing a new chapter together. On the morning of August 20, at the picturesque Fenghuangyin Art Village in Qingzhou, the "Hand in Hand We Set Sail, Together We Create the Future" IPO project signing ceremony of Shandong Bainong Sida Biotechnology Co., Ltd. (BNSD) was held.

Witnessed by the principal leaders of the CPC Qingzhou Municipal Committee and the Qingzhou Municipal Government, BNSD and Western Securities Co., Ltd. formally signed the listing launch agreement — a step that signals BNSD's entry onto a new and grander blueprint.

Speaking at the ceremony, Liu Ke, Chairman of Shandong Bainong Sida Biotechnology Co., Ltd., said that since its founding in 2003 the company has stayed on the basic course of R&D and innovation, serving the building of modern agriculture through real-economy manufacturing. To date, the company has made notable achievements in several areas.

First, strong innovation and R&D capability: the company holds 46 pesticide registration certificates in its own name, with another 68 applications pending, plus 63 invention patents.

Second, a rich product portfolio covering insecticides, fungicides, herbicides, plant growth regulators, water-soluble fertilizers, biological specialty fertilizers and pesticide-fertilizer combinations, with several best-selling products occupying a dominant position in the domestic market.

Third, brand influence at the forefront of the industry: named among the national Top 100 formulation enterprises in 2024 and the Top 50 (sales above RMB 150 million) in 2025, with many products certified by CCPIA as "Green Development High-Quality Pesticide Products".

Fourth, continuously strengthening production and smart-manufacturing capability: in 2025 the company built the new "water-dispersible granule (WDG) digitalized standalone workshop" and the "Sida Guard pesticide-fertilizer workshop", with the digitalized workshop achieving a remarkable annual capacity of 8,000 tonnes of high-quality water-dispersible granules.

Cooperation with Western Securities, an excellent brokerage, under the support of the municipal Party committee and government, is an important milestone in the company's development.

Yin Tao, Assistant to the General Manager of Western Securities, then said: Qingzhou is a place of beautiful scenery and culture. Rooted in this fertile land for more than 20 years, BNSD has shown strong internal momentum for development and real growth potential — and its rapid rise in the agricultural industry in recent years is not to be underestimated.

As one of the country's major brokerages, Western Securities will serve the company's financial needs well and throw its full weight behind BNSD's successful listing.

The development of an enterprise is inseparable from the enabling business environment created by local government. Speaking as a witness at the launch ceremony, Chen Wei, member of the Standing Committee of the CPC Qingzhou Municipal Committee and Deputy Mayor of Qingzhou, delivered an important address: Qingzhou enjoys exceptional regional advantages, with agriculture, industry and tourism all ranking among the best nationwide.

As one of the representatives of Qingzhou's outstanding local enterprises, BNSD has grown from a small factory in the development zone at its founding into a major agro-input manufacturer with more than 400 employees and advanced production processes — achievements deserving of warm congratulations.

He expressed the hope that Western Securities, a nationally renowned brokerage, would discover more outstanding enterprises like BNSD and use financial means to boost the "blue momentum" of Qingzhou's enterprises.

The signing session brought the ceremony to its climax. Under the joint witness of leaders and guests from the municipal government, BNSD and Western Securities, Chairman Liu Ke and Han Xing, General Manager of the SME Financing Department of Western Securities, signed on site and exchanged project documents.

The ceremony marks BNSD's official opening of the door to the capital market and a significant milestone in the drawing of its grand blueprint. Taking this as a new starting point, and with the full support of the municipal Party committee and government and the professional escort of Western Securities, BNSD is determined to reach the capital market at an early date and forge new success.