As a biotechnology company, R&D has been the engine that drives our growth since our establishment. In addition to continuous in-house R&D efforts, we collaborate with a wide range of partners, including domestic and overseasacademic and research institutes, to further expand the depths and breadths of our health food and functional food product groups. In 2013, we signed cooperation agreements with Biology Institute of Shandong Academy of Sciences and Qilu University of Technology. In 2018, we further initiated joint development projects with the Life Sciences College of Yantai University.

We will continue to make long-term investments in research and development efforts, and cultivate further collaborations with partners in industrial, academic, and research spheres to strengthen our R&D capabilities.