GGAC: It is expected that there is a low possibility of significant fluctuations in the prices of raw materials in the near future

On August 12th, GGAC was investigated by several institutions including Southern Fund, Da Cheng Fund, and Guo Xin Securities regarding the future price trend of upstream raw materials for plant growth regulators. The company stated that since the second half of 2024, the prices of upstream raw materials have been relatively stable, and it expects that there is a low possibility of significant fluctuations in raw material prices in the near future. In addition, the company has the capability to produce most of the raw materials needed for its plant growth regulator formulations