COFCO BIOTECHNOLOGY CO., LTD.
中粮科技
000930
Shenzhen Stock Exchange
Company Profile
Business Layout Advantages The Company is a vertically integrated listed enterprise engaged in corn deep-processing, with core businesses spanning food ingredients, bioenergy, and biomaterials. Its strategic positioning is closely aligned with national development priorities, including food security and green, low-carbon growth. The Company actively contributes to these national strategies while meeting The Chinese people's aspiration for a better life. In the bioenergy segment, the Company has completed a comprehensive transformation toward diversified feedstocks for fuel ethanol production, now capable of utilizing cassava, corn, rice, and wheat. Its production systems support flexible manufacturing, enabling the simultaneous rollout of high-purity anhydrous ethanol, premium-grade anhydrous ethanol, and industrial ethanol, thereby broadening its product offering and enhancing market competitiveness. In the starch sugar segment, the Company has established a nationwide presence across Southwest, East, Northeast, Central, and North China. Coupled with its significant starch production capacity, this layout provides strong synergies between production and consumption regions. Meanwhile, the Company continues to develop strategic emerging industries, with its lactide relocation project progressing in an orderly manner. With an increasingly refined industrial layout, the Company leverages its strong industry foundation and long-standing customer relationships to support a diversified product portfolio and global presence. This enables the Company to deliver integrated, solution-oriented services to clients, continuously advancing its high-quality development. R&D and Innovation Advantages The Company leverages three national-level R&D platforms—the National Engineering Research Center of Corn Deep Processing (NERC-CP), the National Energy R&D Center of Liquid Biofuels, and the National Enterprise Technology Center—to conduct applied research on high-tech, high-value-added products. These platforms provide critical technologies for large-scale production and continue to deliver commercialization outcomes. The Company is accelerating breakthroughs in core technologies and expanding patent portfolios across starch, starch sugars, ethanol, and biomaterials. As of the end of 2024, the Company held 638 authorized patents and participated in the formulation of over 100 standards. In 2024 alone, it contributed to four newly published industry standards, including Intelligent manufacturing in biological fermentation industry — Part 2: Intelligent bioreactor; Intelligent manufacturing in biological fermentation industry — Part 1: Control System; Requirements for assessment of green factory in organic acid industry; Resistant dextrin, furthering the industry's standardization and quality advancement. R&D outcomes have been increasingly commercialized, with notable progress in flavor syrup development, modified starch formulation, the full proprietary development of all-process intellectual property rights related to allulose and regulatory filing, microbial agents and biological feed, functional yeast strains for alcohol production, and synthetic biology technologies for PHA, laying a strong foundation for future transformation and upgrading. Green and Safety Advantages The Company fully implements national guidelines and requirements on strengthening quality and safety management. It continues to promote a culture of food safety and build a three-tier institutional and standards system, along with a unified five-tier testing system. The Company is constantly improving its end-to-end food safety risk management mechanism, reinforcing the safety accountability system, and establishing a comprehensive responsibility framework that extends horizontally across departments and vertically to the operational frontlines. These efforts ensure effective implementation of safety responsibilities at all levels, bridge the “last mile” at grassroots operations, enhance the effectiveness of quality and safety management, and significantly raise the level of intrinsic safety to ensure stable and compliant business operations. In alignment with the strategic goals of carbon peaking and carbon neutrality set by the CPC Central Committee and the State Council, the Company is committed to green, low-carbon, and high-quality development. It has established a comprehensive carbon management system, with 16 subsidiaries having passed carbon management system certification, significantly improving the accuracy and completeness of carbon data management. A total of 19 certified greenhouse gas verifiers have been trained, achieving full coverage of key enterprises in both national and regional carbon markets, thereby effectively supporting low-carbon production and green operations. To date, the Company has been recognized with three national-level green factories, four categories of green-designed products, and one provincial-level green factory. These achievements have contributed to the emergence of a number of model enterprises and projects in key areas, advancing the green transformation agenda.
Full description
COFCO Biotechnology Co., Ltd. (Stock Code: 000930.SZ, hereinafter referred to as the “Company”) is a leading corn deep-processing enterprise in China in terms of scale and technological advancement. Upholding the philosophy of “Technology Empowerment and Green Development,” the Company focuses on advancing its presence in the food industry, offering integrated food ingredient and additive solutions. Simultaneously, it continues to consolidate its bioenergy segment and foster the development of the biomaterials sector, providing customers with clean energy and green biomass materials. The Company has an annual processing capacity of over 6 million tons of corn and other raw materials, with total assets of approximately RMB 18 billion and annual revenue of around RMB 20 billion. In the food and food ingredient segment, its main products include starch, starch-based sugars, monosodium glutamate, citric acid, and edible alcohol. These are widely used across the food and beverage, nutritional supplement, animal feed, and chemical industries. In the bioenergy segment, the core product is fuel ethanol, primarily used in ethanol-blended gasoline. The Company has mastered diversified feedstock processing technologies, including corn, aged rice, aged wheat, and cassava, and possesses the capability to produce fuel ethanol, edible alcohol, pharmaceutical alcohol, and industrial alcohol. It operates a demand-driven, market-oriented production system. In the biodegradable materials sector, the Company focuses on the production and development of renewable materials and products based on polylactic acid (PLA) and polyhydroxyalkanoates (PHA). These materials are applied in packaging, agricultural films, textiles, engineering plastics, and medical products, and fall under the category of national strategic emerging industries. The Company operates 18 production bases across nine provinces and municipalities in China—including Heilongjiang, Jilin, Hebei, Anhui, Hubei, Sichuan, Guangxi, Tianjin, and Shanghai—as well as in Thailand, forming a well-integrated nationwide and international business footprint. In recent years, the Company has steadily advanced its strategic development and optimized its industrial layout. Guided by the principles of " Raw material diversification, intelligent manufacturing, green processing, functional product development, and value-added utilization of by-products," it has emphasized systematic cost reduction and refined management across the entire production chain. The Company has continued to extend its product portfolio downstream within the corn deep-processing industry and expanded the application of non-grain feedstocks such as cassava and straw, thereby reducing cost, increasing efficiency and promoting low-carbon and circular development, and reinforcing its leading position in niche markets such as starch sugars and biofuel ethanol. Looking ahead, COFCO Biotechnology will continue to pursue high-quality development. Leveraging its three national-level R&D platforms—the National Engineering Research Center of Corn Deep Processing (NERC-CP), the National Energy R&D Center of Liquid Biofuels, and the National Enterprise Technology Center—the Company will accelerate the commercialization of R&D outcomes and the innovation of high value-added products, enhancing its service capabilities in food ingredient solutions. Meanwhile, it will promote the sustainable development of the bioenergy segment through diversified raw material sourcing and cultivate the PLA and PHA biodegradable materials segment, firmly practicing the principles of green and sustainable development to build a low-carbon, eco-friendly, and innovation-driven enterprise.