According to the Wisdom Financial APP, Sinofert (00297) rose nearly 9%, and as of press time, rose 8.7%, at HKD 1, with a turnover of HKD 19,317,300.

On the news front, Anxin International previously pointed out that with the arrival of the peak season of summer fertilization and spring plowing fertilization, agricultural demand will be released to help promote the stage increase in sales of high-nitrogen fertilizers and other fertilizers. In addition, from April 12 to August 31, the customs will relax the urea testing, which will ease domestic supply pressure, boost market sentiment, and be conducive to the stable and positive development of fertilizer prices.

It is reported that in the first quarter of this year, Sinofert's operating income was approximately CNY 6.639 billion, and net income was approximately CNY 499 million, a year-on-year increase of approximately 1.63%, mainly due to the group's unwavering promotion of the "bio+" global strategy transformation, focusing on core biological products, continued efforts in biotechnology products, driving steady growth in sales and gross profit levels, and resisting the impact of market fluctuations on performance.