COFCO Biochemical Technology Co., Ltd. (Securities Abbreviation: COFCO Biochemical, Stock Code: 000930.SZ) is a state-owned high-tech enterprise controlled by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), and a national leading enterprise in agricultural industrialization. The Company focuses on three major directions—biochemicals, bioenergy, and biomaterials—and represents a typical enterprise in China’s full-chain development of bio-based materials. Utilizing non-grain biomass feedstocks such as corn, the Company has established a complete industrial system covering “starch → starch sugars → alcohols → organic acids → polyesters.” Its core products include fuel ethanol, citric acid, lactic acid, polylactic acid (PLA), erythritol, xylitol, sorbitol, modified starch, and starch sugars, which are widely applied across food & beverage, pharmaceutical & healthcare, biodegradable plastics, green packaging, animal feed & aquaculture, and new energy sectors. The Company possesses independent core technologies in biotechnological fermentation, enzyme engineering, separation & purification, and polymerization of macromolecules, holding over 200 valid invention patents. It has presided over or participated in the formulation and revision of more than 30 national and industry standards, including “GB/T 38876-2020 Polylactic Acid.” The Company has obtained certifications for ISO 9001, ISO 14001, ISO 45001, ISO 22000, and FSSC 22000; its fuel ethanol production is licensed by the National Development and Reform Commission (NDRC); and its PLA products have received the EU OK-Biobased 3-star certification and the U.S. BPI Industrial Composting certification. The Company operates five major production bases located in Yushu (Jilin Province), Bengbu (Anhui Province—the first large-scale, integrated PLA industrial chain production line in China), Beihai (Guangxi Zhuang Autonomous Region), Longjiang (Heilongjiang Province), and Hengshui (Hebei Province). In early 2025, it launched its first overseas application R&D center for bio-based materials in Thailand. Its products are exported to over 30 countries and regions, including Southeast Asia, Europe, North America, Japan, and South Korea. Citric acid and erythritol hold leading global market shares. The Company sincerely invites upstream and downstream industrial chain partners to engage in pragmatic cooperation in areas including collaborative technological R&D, joint construction of green and low-carbon projects, promotion of bio-based material applications, co-expansion of international distribution channels, and standardization collaboration.