Founded in 1985 in Bobai country of Guang Province, the Guangxi Beihai Penshibao Co., Ltd has been based in Beihai since 1995. Now the company covers an area of 60,000 square meters, with a building area of 30,000square(in which the factory buildings cover 25,000square. The Company has a registered capital of CNY 70million. There are ;more than 300 staff members, among them 50have senior technical or professional titles. The Company also have over 100 guest professors and experts as technical advisors.
The Company takes pride in being the largest and the strongest pioneer in the research and manufacturing of foliar fertilizer in China. Now the Company has become a hi-tech enterprise integrating production and services of various agrochemicals, which include 5 series of 50 products, namely foliar fertilizer series, flower fertilizer series, plant seeds series ,feed additive series and pesticide series. The flag-ship product of the Company, PSB Foliar Fertilizer Series, featured by cost-effectiveness, high efficacy, environmental friendliness, and wide-spectrum applications, is known as ''China's Fertilizer King''. The PSB foliar fertilizer is even recognized as ''Magic Water of Agriculture'' and ''Holy Liquid from China'' by the farmers in India. The PSB foliar fertilizers have been included as the key recommended items in many national development projects such as ''Harvest Project of the Agricultural Ministry of China'', 'Help-the-Poor Project of the Central Government'', ''key Tech Promotion Project'', ''Spark Program of China ''and ''Physical-chemical Tech Promotion Project for National Oil & Cereal Crops. ''
Up to present, the PSB foliar fertilizers have been applied in the Chinese land for 260 million ha, making a social-economic benefit worth over CNY 100 billion(USD 12 billion),in terms of contributing to stabilizing and developing Chinese agriculture, helping the farmers to be better-off, and eliminating the environmental pollution. In the past years, PSB products have won more than 200 titles of awards and honors, including 15 international awards as ''Gold Medal Winner of the 21st Geneva International Fair'', ''Gold Medal Winner of the 72nd French International Agricultural Fair'' and ''Special Award of International Science and Peace of UN''. The brand-name of ''Penshibao'' or PSB is revered as the No. 1 agricultural name of China. The company obtained the certification of ISO9002 in 1999, and ISO9001:2000 and ISO14001:2004 in 2006.In the meantime, the trademark of penshibao has been registered in 68 countries around and granted as the CHINA WELL-KNOWN MARK by the State ministration for Industry and Commerce in 2006.