According to reports, China XLX Fertiliser Ltd (01866) saw its shares rise more than 7% in morning trading. As of press time, the stock was up 6.13% at HK$10.74, with a turnover of HK$38.3663 million.

On the news front, Henan Xinlianxin Chemicals Group Co., Ltd. recently partnered with the China Nitrogen Fertiliser Industry Technology Research Centre and the Key Laboratory of Efficient Fertiliser Regulation Technology of the Ministry of Agriculture and Rural Affairs to hold the International Nitro Fertiliser Industry Development Summit Forum and Xinlianxin Nitro New Product Launch Event in Guangzhou.

At the event, Xinlianxin joined hands with Spain's Grupo Siro to form a strategic partnership and unveiled four major series comprising seven new nitro fertiliser products, officially launching a new era of "activated nitro fertiliser" development.

Liu Xingxu, Chairman of Xinlianxin Chemicals Group, explained three reasons behind the company's strong push into nitro fertilisers.

First, it is an inevitable choice for agricultural transformation and upgrading. Nitro fertilisers are fast-dissolving and quick-acting, with characteristics of increasing yield and improving quality, perfectly matching the demand for high-end cash crops. This represents a track of certain growth.

Second, it is an inherent requirement of the industry's green development. Nitro fertilisers serve as an important technological pathway for "reducing quantity while increasing efficiency." Promoting nitro fertilisers means practising the concept of green development, which is highly consistent with the direction of sustainable industry development.

Third, it is an important lever for Xinlianxin's product upgrading. Leveraging over 50 years of deep roots in the fertiliser industry, unique advantages in chemical process control and manufacturing, and accumulated technical expertise in nitro fertiliser production, Xinlianxin has both the confidence and the capability to make nitro fertilisers an industry benchmark.