Anhui Qihe Biotechnology Co., Ltd. is a wholly-owned subsidiary of Yancheng Huade Biotechnology Co., Ltd. It was established on August 25, 2021 and is located in Mohekou Industrial Park, a provincial-level chemical park in Bengbu City, Anhui Province. The company covers an area of 100 acres. The first phase of the project will be completed and put into operation by the end of March 2024, and the second phase is expected to be completed and put into operation in February 2026. After the project is fully completed and put into operation, it is expected to achieve a total sales revenue of 860 million yuan, tax revenue of 55 million yuan, profit of 80 million yuan, and export earnings of 50 million US dollars.

Our main products include essence, electronic chemicals, pharmaceutical intermediates, pesticide intermediates, etc., which are mainly used in food, electronic chips, medicine, pesticides and other fields. Annual production capacity: 10000 tons of ethyl lactate, 3000 tons of methyl lactate, and 500 tons of butyl lactate; 300 tons of ethyl butyrate; 300 tons of butyl butyryl lactate, 1000 tons of ethyl hexanoate, 100 tons of ethyl acetate, 500 tons of isooctyl lactate, 100 tons of propyl lactate, and 1000 tons of propionic acid.

Among them, the electronic grade chip cleaning agent ethyl lactate is a high-end product jointly developed and produced by our company and East China University of Science and Technology. This product fills the domestic gap, can replace imports from Japan and South Korea, and can also be exported in large quantities to countries such as South Korea, Japan, the United States, and the European Union. With the rapid development of AI, LED, and high-end chips in China, the domestic market for electronic chip cleaning agents has broad prospects, and the demand will also increase exponentially.