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Time:2024-05-15
On the afternoon of May 15th, NHU held its 2023 Annual General Meeting, attended by 26 on-site shareholders and representatives, and 85 online voting shareholders. The meeting was chaired by Chairman Hu Baifan, and attended by Vice Chairman and President Hu Baishan, along with other directors, supervisors, and executives. Lawyers from Zhejiang T&C Law Firm witnessed the proceedings. All 19 motions were approved through both on-site and online voting.
Following the AGM, NHU hosted an investor exchange session, which was chaired by Ms. Shi, the secretary of the board of directors, and saw participation from over a hundred investors, including those from securities research institutions and analysts. The exchange session was divided into two parts: the first part focused on sharing NHU's development strategy and updates on the methionine and new materials businesses; the second part involved an interactive session between investors and executives, answering questions about NHU's business operations, industry development, and future plans.
NHU has consistently excelled in managing investor relations, fostering a relationship of mutual trust and aligned interests with investors. Looking ahead, NHU will continue to enhance its operations and management, adhere to innovation-driven growth, and focus on the health and new materials sectors. Leveraging the "chemical+" and "biological+" platforms, NHU aims to develop various functional chemicals and deliver better returns to shareholders and investors.
The China National Intellectual Property Administration (CNIPA) recently announced the winners of the 26th China Patent Awards. NHU’s invention patent, “A Clean Method for the Preparation of D,L-Methionine,” stood out among numerous entries for its outstanding technological innovation and significant industrial value, earning the company another China Patent Silver Award. To date, NHU has received two China Patent Gold Awards, two Silver Awards, and six Merit Awards.
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The aquafeed market has been highly volatile in recent months. With fishmeal prices remaining elevated and supplies increasingly tight, the cost pressures associated with high-fishmeal formulations continue to weigh on both feed manufacturers and aquaculture producers. To mitigate these pressures, the industry has increasingly turned to alternative protein sources—including plant, insect and microbial proteins—and adopted low-fishmeal formulations.
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On June 27, the seventh Yue Health Lecture Series, hosted by the Shaoxing Health Management Association, co-hosted by the Shaoxing Medical Association, and organized by NHU, was held in Xinchang.
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