Core Viewpoint - A new company, Xiangguan (Liaocheng) Biotechnology Co., Ltd., has been established with a registered capital of 300,000 RMB, focusing on various biotechnology and chemical product developments and sales [1] Company Overview - The legal representative of the company is Fu Yanhui [1] - The registered capital of the company is 300,000 RMB [1] Business Scope - The company engages in a wide range of activities including: - Research and development of biochemistry products [1] - Sales of sanitary insecticides and disinfectants (excluding hazardous chemicals) [1] - Manufacturing of daily chemical products and traditional fragrance products [1] - Retail and wholesale of cosmetics [1] - Research and development of biological organic fertilizers and biopesticides [1] - Sales of various agricultural products and feed additives [1] - Technology services including consulting, development, and transfer [1] - Research and development of marine biological active substances [1] - Sales of first and second-class medical devices [1] - Sales of health food and fermented feed [1]

Group 1 - The company held its 20th meeting of the 9th Board of Directors on October 17, 2025, where all proposals were approved [3][10] - The meeting was attended by all 7 directors, and it was chaired by Chairman Zhang Zhijun [5][6] - The company plans to change its business scope to include "biotechnology research and development; natural science research and experimental development; biobased materials technology research and development; biobased materials manufacturing" [7][60] Group 2 - The company will cancel its supervisory board and allow the audit committee of the board to exercise the powers of the supervisory board, in compliance with the latest revisions of the Company Law and related regulations [7][62] - The company will revise its articles of association and related rules to reflect these changes [7][64] - The company will hold a temporary shareholders' meeting on November 6, 2025, to review the proposals [18][47] Group 3 - The company has appointed Zhonghui Certified Public Accountants as its auditing firm for the 2025 fiscal year, with an audit fee of 800,000 yuan, which includes 550,000 yuan for financial audit and 250,000 yuan for internal control audit [15][32][37] - The previous auditing firm, Zhongxinghua Certified Public Accountants, has completed its term without any objections to the change [23][35] - The decision to appoint the new auditing firm will also be submitted for approval at the upcoming shareholders' meeting [38][39]

Core Viewpoint - Recently, Rizhao Xinnong Biotechnology Co., Ltd. was established with a registered capital of 30,000 RMB, focusing on various agricultural and biotechnology services and products [1] Company Overview - The company is legally represented by Zhang Yongchang and has a registered capital of 30,000 RMB [1] - The business scope includes research and development of bio-organic fertilizers, biopesticides, marine biological active substance extraction, purification, and synthesis technology [1] - Additional services include soil pollution remediation, agricultural scientific research, and the resource utilization of agricultural waste [1] Product and Service Offerings - The company will engage in the sale of agricultural by-products, bio-based materials, fertilizers, and animal feed [1] - It also offers technical services, development, consulting, and technology transfer in various agricultural and biotechnological fields [1] - The company is involved in the production of fertilizers and feed additives, subject to necessary approvals [1]

Core Insights - Guizhou Moutai Biotech Research Co., Ltd. was established on September 19 with a registered capital of 1 billion RMB, focusing on various biotechnological research areas [1] Company Overview - The company is co-owned by China Guizhou Moutai Distillery (Group) Co., Ltd. and Guizhou Moutai Distillery Co., Ltd. [1] - The legal representative of the new company is Yang Fan [1] Industry Position - Moutai ranks third in the "2025 Kantar BrandZ Most Valuable Chinese Brands" list with a brand value of 80.023 billion USD, approximately 569.421 billion RMB, following Tencent and Alibaba [1]

Core Viewpoint - Shijiazhuang Yuansen Biotechnology Co., Ltd. has been established with a registered capital of 100,000 RMB, focusing on various technology services and pet-related products and services [1] Company Summary - The company is legally represented by Zhao Na and has a registered capital of 100,000 RMB [1] - The business scope includes technology services, development, consulting, and transfer, as well as pet services (excluding animal diagnosis) [1] - It also engages in wholesale and retail of pet food and supplies, daily miscellaneous sales, and sales of feed additives [1] Industry Summary - The company is involved in the research and development of biological feed and bio-based materials technology [1] - It provides technology intermediary services and engages in the sale of livestock and fishery feed, feed raw materials, and agricultural products [1] - The company is permitted to produce feed, subject to approval from relevant authorities [1]

Core Viewpoint - Qingye Wang Biotechnology (Yancheng) Co., Ltd. has been established with a registered capital of 500,000 RMB, focusing on various biotechnology and agricultural services [1] Company Overview - The company is legally represented by Zhu Haixia and has a registered capital of 500,000 RMB [1] - The business scope includes technology services, development, consulting, and transfer related to biotechnology and agricultural products [1] Research and Development Focus - The company specializes in the research and development of fermentation process optimization technology, industrial enzyme preparations, and biological chemical products [1] - It also focuses on the development of biological feed, composite microbial fertilizers, and biological organic fertilizers [1] Environmental and Agricultural Services - The company is involved in the research and development of technologies for the harmless utilization of agricultural and forestry waste, as well as soil pollution remediation and prevention services [1] - It provides services for the prevention of agricultural non-point source pollution and heavy metal contamination [1] Sales and Marketing - The company engages in the sale of fertilizers, chemical fertilizers, feed additives, food additives, and pre-packaged food [1] - It also conducts internet sales, vegetable and fruit planting, and operates independently within the scope of its business license [1]

Company Formation - Beisai Hongsheng (Chengdu) Biotechnology Co., Ltd. has been established with a registered capital of 100 million RMB [1] - The legal representative of the company is Zhang Yi, and it is wholly owned by Beifan Ru Hai Biotechnology (Shanghai) Co., Ltd. [1] Business Scope - The business scope includes technology services, development, consulting, and transfer, as well as sales of medical devices, software development, import and export of goods and technology, and research and development in various scientific fields [2] - The company is classified under the national standard industry of scientific research and technical services, specifically focusing on engineering and technical research and development [2] Company Structure - Beisai Hongsheng is categorized as a limited liability company (wholly foreign-owned enterprise) [2] - The company is registered in Chengdu, Sichuan Province, with an operational period extending until an indefinite date [2]