Abstract of 2025 Annual Report of ADAMA Ltd.
Stock Code: 000553(200553) Stock Abbreviations: ADAMA A(B) Announcement No.2026-6
Abstract of the 2025 Annual Report of ADAMA Ltd.
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
understanding of ADAMA Ltd.’s (the Company) performance, financial status and future development plan.
All the directors attended the Board of Directors meeting to review the Annual Report.
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
The Company does not plan to distribute cash or share dividends, nor plan to transfer capital reserve 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
Stock name ADAMA A, ADAMA B Stock code 000553, 200553
Stock exchange Shenzhen Stock Exchange
Securities Affairs Representative &
Contact Information Board Secretary
Investor Relations Manager
Name Guo Zhi Wang Zhujun
Address
District, Beijing
Tel. 010-56718110 010-56718110
E-mail irchina@adama.com irchina@adama.com
Main Business and Products
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 dozens of countries globally,
with direct presence in all top 20 markets.
The Company’s main products are herbicides, insecticides and fungicide, which protect agricultural and other
crops against weeds, insects and disease, respectively. 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
Abstract of 2025 Annual Report of ADAMA Ltd.
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.
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 North America, Latin America, Asia-Pacific
(including China) and Europe, Africa and the Middle East.
General crop protection market environment
Through 2025, channel inventory returned to pre-pandemic levels in most countries, following crop protection
demand recovery. Pricing pressures remain high, driven by production over-capacity of active ingredients (AI).
Crop commodity prices remain stably low, while farmer profitability remains tight leading to just-in-time
purchasing patterns.
Market Competition and the Company’s Market Share
The global crop protection market is dominated by seven multinational companies, including the Company, five
of which are originator companies. In the past decade, a number of mergers and acquisitions were completed
among the largest players in the crop protection industry. Nonetheless, the crop protection industry as a whole is
relatively decentralized, with a number of local manufacturers competing in each country against the global
multinational companies. The Company believes that entry barriers for the crop protection market are relatively
high, although they vary from region to region.
ADAMA is a leading company (in sales terms) among the crop-protection companies that focus on off-patent crop
protection solutions. The Company’s global crop protection market share was approximately 6% in 2025, based
on preliminary estimation made by AgBio Investor regarding total sales in the agrochemical industry, and 5% in
(1) Main Accounting Data and Financial Indicators of the Latest Three Years
Whether the Company performed any retroactive adjustments to or restatement of its accounting data
□ Yes √ No
Unit: RMB’000
Operating revenue (RMB’000) 28,944,586 29,488,046 -1.84% 32,779,456
Net profit attributable to the shareholders (RMB’000) (1,045,719) (2,903,204) 63.98% (1,605,887)
Net profit attributable to the shareholders, excluding
(1,335,761) (3,024,721) 55.84% (1,851,491)
non-recurring profit and loss (RMB’000)
Net cash flows from operating activities (RMB’000) 4,048,693 3,760,631 7.66% 2,617,877
Basic EPS (RMB/share) (0.4488) (1.2461) 63.98% (0.6893)
Diluted EPS (RMB/share) N/A N/A N/A N/A
Weighted average return on equity (5.71%) (14.19%) 8.48pp (7.13%)
Total assets (RMB’000) 48,463,962 50,059,777 -3.19% 55,405,803
Net assets attributable to the shareholders (RMB’000) 17,575,426 18,991,094 -7.45% 21,924,475
(2) Main Accounting Data by Quarter
Abstract of 2025 Annual Report of ADAMA Ltd.
Unit: RMB’000
Q1 2025 Q2 2025 Q3 2025 Q4 2025
Operating revenue 7,172,735 7,851,465 6,654,225 7,266,161
Net profit attributable to the shareholders 151,131 (231,483) (342,454) (622,913)
Net profit attributable to the shareholders excluding non-recurring
profit and loss
Net cash flows from operating activities (206,868) 1,945,446 635,282 1,674,833
Any material differences between the financial indicators above or their summations and those which have been
disclosed in quarterly or semi-annual reports
□ Yes √ No
(1) Number of Common Shareholders and Preferred Shareholders with Vote Right Restored and
Shareholding Table of Top-10 Shareholders
Unit: share
Total Total number of
number of preferred stockholder
Total number
Total number of shareholders on the preferred with vote right
of shareholders
at the reporting
date of the annual report with vote trading day before the
period
right disclosure date of the
restored annual report
Shareholding of Top-10 Shareholders (Excluding Shares Lent for the Relending Financing)
Pledged or frozen
Number of shares held
Nature of Holding Number of shares
Name of shareholder subject to trading
shareholder percentage shares Status of Amo
moratorium
shares unt
State-owned -- -- --
Syngenta Group Co., Ltd. 78.47% 1,828,137,961
legal person
State-owned -- -- --
China Structural Reform Fund 1.44% 33,557,046
legal person
Hong Kong Securities Clearing Overseas -- -- --
Company Ltd. (HKSCC) legal person
China Cinda Asset Management Co., State-owned -- -- --
Ltd. legal person
Domestic -- -- --
Wu Feng 0.34% 7,810,912
Individual
Domestic -- -- --
Zhu Shenglan 0.32% 7,360,000
Individual
Qichun County State-owned Assets State-owned -- -- --
Supervision and Administration Bureau legal person
Domestic -- -- --
Liu Minqin 0.17% 3,956,246
Individual
Guotai Junan Securities (Hong Kong) Overseas -- -- --
Limited legal person
Domestic -- -- --
Sun Zhibing 0.13% 2,995,600
Individual
Syngenta Group Co., Ltd. is not related party or acting-in-concert party as
prescribed in the Administrative Methods for Acquisition of Listed
Companies to other shareholders. It is unknown to the Company whether
Explanation on associated relationship or/and persons
shareholders above are related parties or acting-in-concert parties as
prescribed in the Administrative Methods for Acquisition of Listed
Companies.
Shareholder Wu Feng held 4,882,586 shares of the Company through a
common securities account and 2,928,326 shares of the Company through a
credit collateral securities trading account, altogether 7,810,912 shares.
Particular about shareholder participate in the Shareholder Liu Minqin held 527,546 shares of the Company through a
securities lending and borrowing business ( if any) common securities account and 3,428,700 shares of the Company through a
credit collateral securities trading account, altogether 3,956,246 shares.
Shareholder Sun Zhibing held 317,600 shares of the Company through a
common securities account and 2,678,000 shares of the Company through a
Abstract of 2025 Annual Report of ADAMA Ltd.
credit collateral securities trading account, altogether 2,995,600 shares.
Shareholders holding more than 5% of shares, top ten shareholders and top ten shareholders with unlimited shares
in circulation participating in the shares lending through refinancing arrangement
□ Applicable √ Not Applicable
Change of the Top 10 Shareholders with unlimited shares from the previous period due to the shares
lending/returning through refinancing arrangement
□ Applicable √ Not Applicable
(2) Number of Preferred Shareholders and Shareholding Table of Top-10 Preferred Shareholders
□ Applicable √ Not applicable
None in the Reporting Period.
(3) Block Diagram of Equity and Control Relationship between the Company and Actual controller
□ Applicable √ Not applicable
III. Important Matters
None.
For introduction to Company business during the reporting period, please refer to Section III. Management
Discussion and Analysis of the full text of 2025 Annual Report.
ADAMA Ltd.
Legal Representative:Ga?l Hili
March 28th, 2026