Group 1: Overall Business Performance - In the first half of 2025, the company's total revenue reached 17.28 billion yuan, a 13.46% increase compared to the same period last year [2] - The net profit attributable to shareholders was 90.12 million yuan, reflecting a 2.47% growth year-on-year [2] Group 2: Nutritional Raw Materials Business - The company specializes in the large-scale production of products such as Coenzyme Q10, DHA, ARA, NMN, and Vitamin K2, among others [3] - Coenzyme Q10 holds the largest global market share, with a significant increase in gross margin due to production scale effects and technological improvements [3] - The company is investing in new product development using synthetic biology and microbial fermentation technologies [3] Group 3: Coenzyme Q10 Business - Coenzyme Q10 is increasingly recognized for its health benefits, leading to a growing market demand, particularly in China due to aging population and upgraded health awareness [3] - The company is the largest global producer of Coenzyme Q10, exporting to numerous countries and regions [3] - Expansion plans are in place to meet the rising market demand and strengthen the company's leading position in the industry [3] Group 4: Nutritional Supplements Business - The company owns several brands, including Doctor's Best and Zipfizz, with production services provided by its U.S. subsidiary, VitaBest [4] - Sales of Doctor's Best and Zipfizz experienced a decline in the first half of 2025 due to inventory control and purchasing adjustments by downstream customers [5] - The company is focusing on brand building and enhancing marketing efforts to improve sales channels and brand influence [5] Group 5: Domestic Nutritional Supplements Business - The domestic market for nutritional supplements is primarily served through online channels like Tmall and JD.com, with growth driven by the increasing demand for cross-border e-commerce [5] - The company aims to enhance operational efficiency and expand its market share in domestic self-owned brands [5]

技术指导：徐岩在白酒风味研究和微生物发酵技术方面有深入研究，能够为白酒企业提供技术指导。例如，他与五粮液合作的"微生物组学与生态发酵技 术"协同创新实验室，为五粮液在科研创新和行业影响力方面提供了有力支持。 五洲名人演讲局聚集国内、国外前政要、诺贝尔奖得主、经济学家、商界领袖、国学文化专家、军事专家以及主持人等专家学者，通过论坛演讲、商务考 察、咨询服务等助力中国经济和科技的发展。如有大会发言、商务考察、代言背书、技术合作等需求，请联系五洲名人演讲局。 【邀请诺贝尔奖、图灵奖得主、两院院士、各行业专家，请联系五洲名人演讲局】 著名白酒专家徐岩通过多种方式赋能白酒品牌，为品牌背书，具体如下： 一、提供专业背书与技术指导 权威认可：徐岩作为江南大学原副校长、教授、博士生导师，其在白酒行业的权威地位能够为品牌提供强大的专业背书。例如，海南椰岛集团的草本酱酒企 业标准发布会暨专家品评会中，徐岩的出席凸显了行业影响力，为椰岛·草本酱酒提供了专业认可。 品牌文化建设：徐岩通过参与品牌活动，为品牌文化建设提供支持。例如，在四特酒的活动中，徐岩作为嘉宾探讨白酒的酿造工艺和品牌内涵，提升了四特 酒的品牌美誉度。 行业影响力提升 ...

Core Insights - The report titled "2025-2031 China Microbial Fermentation Market In-Depth Investigation and Investment Strategy Report" provides essential reference for decision-makers and investors in the microbial fermentation industry [1][17] - The microbial fermentation market is projected to grow significantly, with the global market size expected to reach $30 billion in 2024 and $53 billion by 2032, driven by increasing consumer demand for eco-friendly and health products [8] Industry Overview - Microbial fermentation involves the conversion of organic materials into valuable products through biochemical reactions facilitated by microorganisms such as bacteria, yeast, and molds [6] - The report includes a comprehensive analysis of the microbial fermentation industry's definition, business models, barriers to entry, and risk factors [17] Market Dynamics - The North American market is anticipated to hold a 46% share in 2024, influenced by extensive biological research, product development, and a robust regulatory framework [11] - The report highlights the continuous growth in market demand, technological innovation, and supportive policies as key trends shaping the future of the microbial fermentation industry [14] Regional Analysis - The report provides detailed insights into the operational environment of the microbial fermentation industry, including political, legal, economic, and social factors affecting the market [20] - It also analyzes the competitive landscape and market dynamics across various regions, including North America, Europe, and Asia-Pacific [20][23] Investment Insights - The report outlines the investment landscape in the microbial fermentation sector, including historical investment trends and future growth forecasts from 2025 to 2031 [25] - It emphasizes the importance of understanding supply and demand dynamics, pricing trends, and potential investment opportunities within the industry [25]