Lukang Pharmaceutical plans fundraising of RMB1.2 billion yuan for spending on high-end formulation and biopesticide productions

LKBP, Shandong Lukang Biological Pesticides Co., Ltd. , one of the member of Shandong Lukang Pharmaceutical Group Company Limited, is the technical innovation, exploitation, research and production base of the biological pesticides in the Group. As the sentinel pesticides enterprises of the Ministry of Agriculture of China, the high -tech enterprise approved by Provincial Science Committee and the member of CCPIT, it covers an area of 40,000 square meters and has more than 160 staff members, over 60 of them are various professional engineers and technicians. Based on it’s provincial certified Technology Developing Center, it has strong capacity to develop various biological fermentation products. Led by its biological pesticides such as bacillus thuringiensis, bacillus subtilis streptomycin, abamectin, polyoxin, GA3, the enterprise are in the production and sales of more than 20 registered pesticides products.  Possessing its own I/E right, LKBP continually enhance the registration and certification of its products in foreign countries. The bio-pesticides of the company has been registered and exported to more than 20 countries in Europe, South Americas and Asia.