Stock Code: 000553(200553) StockAbbreviations: ADAMAA(B) Announcement No.2022-8
Abstract of the 2021Annual Report of ADAMALtd.
I. Important Reminder
The Abstract is from the full text of the Annual Report. Investors are advised to read the full text of the Annual
Report published on the media designated by China Securities Regulatory Commission for having a round
understand of the Company’s performance, financial status and future development plan.
All the directors attended the Board of Directors meeting to review the Annual Report. No disagreement was
raised by the directors, supervisors, and senior managements.
Non-standard auditor report
□ Applicable √Not applicable
Plan approved by the Board of Directors for dividend distribution of ordinary shares or increasing the capital by
the transfer of capital reserves.
√Applicable □Not applicable
Whether increase the capital by the transfer of capital reserves
□Yes √No
The pre-plan of the dividend distribution approved by the meeting of the Board of Directors refers to the total
outstanding 2,329,811,766 shares of the Company as the basis for the distribution as cash dividend of RMB 0.08
(before tax) per 10 shares, to all the shareholders of the Company. No shares will be distributed as share dividend,
and no reserve will be transferred to equity capital.
Plan approved by the Board of Directors for dividend distribution of preferred shares
□ Applicable √ Not applicable
II. Basic information about the Company
1. Company profile
Stock name ADAMAA, ADAMAB Stock code 000553, 200553
Stock exchange Shenzhen Stock Exchange
Contact Information Board Secretary SecuritiesAffairs Representative &
Investor Relations Manager
Name Guo Zhi Wang Zhujun
Address 6/F, No.7 Office Building, No.10 Courtyard, Chaoyang Park South Road, Chaoyang
District, Beijing
Tel. 010-56718110 010-56718110
E-mail irchina@adama.com irchina@adama.com
2. Main Business or Products during the Reporting Period
Main Business
The Company is a global leader in crop protection, engaging in the development, manufacturing and
commercialization of a wide range of crop protection products, that are largely off-patent. The Company provides
solutions to farmers to combat weeds, insects and disease, and sells its products in over 100 countries, through
approximately 60 subsidiaries worldwide.
The Company's business model integrates end-customer access, regulatory expertise, state-of-the art global R&D,
production and formulation facilities, thereby providing the Company a significant competitive edge and allowing
it to launch new and differentiated products that meet local farmers and customer needs in key markets.
The Company's primary operations are global, spanning activities in Europe, North America, Latin America,
Asia-Pacific (including China) and India, the Middle-East and Africa.
The Company also utilizes its expertise to adapt such products also for the development, manufacturing and
commercialization of similar products for non-agricultural purposes (Consumer and Professional Solutions).In
addition, the Company leverages its core capabilities in the agricultural and chemical fields and operates in
several other non-agricultural areas, none of which, individually, is material for the Company. These activities,
collectively reported as Intermediates and Ingredients, include primarily, (a) the manufacturing and marketing of
dietary supplements, food colors, texture and flavor enhancers, and food fortification ingredients; (b) fragrance
products for the perfume, cosmetics, body care and detergents industries; (c) the manufacturing of industrial
products and (d) other non-material activities.
General crop protection market environment
During 2021, crop prices of most of the major commodity crops remained elevated, and even further increased,
supporting strong crop protection demand in most regions. The positive crop price environment, along with
associated higher planted areas, combined to drive global demand for crop protection products.
On the whole, farmers continue to benefit from the high global crop prices. However, this benefit is somewhat
dampened by broad inflationary pressures they are experiencing across most of their input costs, including seeds,
fertilizers, crop protection, fuel and machinery.
During the year, prices of intermediates and active ingredients sourced from China remained high due to rising oil
prices and high raw material prices. In the third quarter, availability of intermediates and active ingredients
sourced fr
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