Corporate Profile

Founded in 2001, Pine Agritech Limited (the“Company”) and its subsidiaries (collectively the “Group”) is principally engaged in the manufacture and sale of soybean-based products such as Soy Protein Isolates (“SPI”), Soybean Oil, Soy Oligosaccharide Syrup (“SOS”) and Soybean Peptide. Other by-products derived from the production of the three main products are sold as animal feeds.

The Group is one of the leading SPI manufacturers in the PRC (People’s Republic of China). SPI is mostly sold to processed meat companies as food ingredient. SOS, a health food approved by the Ministry of Health of the PRC, is produced using proprietary manufacturing process. SOS is sold under the Group’s Tian Song brand and also directly to beverage makers as health promoting ingredient.

The Group operates three production plants in the PRC, one in Shandong Province and two in Heilongjiang Province. Its strategically located plants in Heilongjiang Province allow easy access to abundant supply of high quality non-genetically modified soybeans.

The vertically integrated facilities in Shandong Province produce both upstream and downstream products. This enables the Group to maximise the use of soybeans, better manage the cost, maintain the quality of its key raw material which is defatted soy flakes and enjoy other economies of scale benefits.

In addition to its scale of production, the Group believes that its R&D emphasis on the improvement of existing products, development of new products and adoption of innovative manufacturing technologies for new products will help the Group to establish a distinct advantage over its competitors.