Sichuan Meifeng: The company has developed and produced a range of products including urea for use on ships and in construction machinery
Thread Content
At its earnings briefing on September 5, Sichuan Meifeng stated that due to various factors such as the performance of the logistics industry, the competitive landscape in the market, and fluctuations in the price of raw material urea, sales revenue and profits from vehicle urea in 2024 had declined to some extent. As the domestic economy recovers and shows growth, the prosperity of the logistics industry improves, and with the increasing proportion of vehicles meeting National VI standards, this will contribute to an increase in the sales of vehicle urea. As a leading enterprise in the vehicle urea industry, the company has, in recent years, focused on developing the market for vehicle urea products. At the same time, it has developed and produced a range of products such as marine urea, urea for construction machinery, urea for agricultural machinery, and urea used for denitrification, thereby actively pursuing a strategy of promoting various types of products in different markets.
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