Competitive Strengths
Our Directors believe that our competitive strengths are as follows:-
Our operations are strategically located
The production facilities for our soybean oil and defatted soy flakes
are located in the Heilongjiang Province. The Heilongjiang Province
is a major soybean farming area which is widely known for high quality
non-genetically modified soybean. Our Group therefore has access
to an abundant supply of high quality soybean.
Defatted soy flakes produced at our Fujin Plant are transported
to our Linyi Plant in Shandong Province and Daqing Plant in the
Heilongjiang Province for further processing into soy protein isolates
and soy oligosaccharide syrup.
We
have an experienced management and technical team
Our management team, led by Li Zhuping, our Chief Executive Officer,
Hu Fabao, our Executive Director, Dai Yonghu, our General Manager
and our senior management have extensive experience in the industry
that we operate in. Li Zhuping, our Chief Executive Officer, graduated
from Hunan Zhongnanlin Institution with a Bachelor of Science and
has worked in the soybean industry since 1996 and has gained invaluable
experience in the industry. Hu Fabao, our Executive Director, has
been involved in the 93 management of various manufacturing companies
for over 19 years and has obtained a Diploma in Enterprise Management
from the Shandong Technical University in 1998. Dai Yonghu, our
General Manager, graduated from Linyi Agricultural Institution with
a Diploma in Management in 1995 and has worked in the soybean industry
since then.
We have vertically integrated production facilities
With vertically integrated production facilities, we are able to
maximise the uses of our soybean raw materials. We are also able
to manage the supply, costs and quality of the other main raw material,
defatted soy flakes, used in the production of our soy protein isolates.
Further, we are able to enjoy economies of scale due to the scale
of our operations at our manufacturing plants.
Our production facilities are vertically integrated which enables
us to manufacture and sell a range of soybean-based products derived
from soybeans.
At
our Fujin Plant, we extract soybean oil from soybeans to manufacture
defatted soy flakes for use in the production of our soy protein
isolates. Soybean oil extracted in this process is sold to our customers
for further processing. At our Daqing Plant and Linyi Plant, we
manufacture soy protein isolates using defatted soy flakes as raw
materials. During the manufacturing process for soy protein isolates,
soybean whey is derived which we further process using the membrane
separation technology to produce soy oligosaccharide syrup.
Product Development
We believe that our product development efforts have put us ahead
of our competitors in the business of the manufacture of soybean-based
products. We have focused not only on different product manufacturing
techniques, we have also placed emphasis on continuous product development.
We are currently carrying out research and development for two new
products, namely soybean peptides and soybean dietary fiber. We
believe that these products will further differentiate us from our
competitors.
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