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Feidoodoo(http://www.feidoodoo.com) is a wholly-owned subsidiary of IBI (stock list code:603613.SH). It is positioned on the Internet platform of the agricultural materials industry. It is dominated by B2B trading of raw materials and finished products, is based on cloud ERP and cloud logistics, and is driven by collective procurement and SaaS services as two wheels to actively promote the industry Internet ecosystem. At this stage, Feidoodoo mainly focuses on the centralized procurement of upstream raw materials and digital supply chain services, takes agricultural production and processing enterprises as downstream customers. Feidoodoo’s major trading products are fertilizers and pesticides and other related agricultural products. Fertilizers include ammonium chloride, ammo- nium sulfate, urea, monoammonium phosphate, diammonium phosphate, potassium chloride, potassium sulfate, potassium dihydrogen phosphate, ammonium dihydrogen phosphate and other raw materials; Pesticides include pesticide technical materials and formulation, like herbicide, insecticide and fungicide. Feidoodoo provides online commodity trading services for the upstream and downstream industries of agriculture, materials, inculding independent E-commerce, third-party E-com- merce and SAAS services.