Core Insights - Newland Biotechnology Co., Ltd. has established a supply agreement with local farmers, ensuring a market for their chili pepper harvests [1] - The company has been operating in Tumushuke since 2016, leveraging the region's unique climate for chili cultivation [1] - The company is expanding its operations with a second-phase construction plan to enhance processing capabilities [2] Company Overview - Newland Biotechnology Co., Ltd. focuses on the entire chili pepper industry chain, including seedling cultivation, planting, and processing [2] - The company has seen revenue growth from over 50 million to 70 million in 2023 [2] - The company currently supports 175 local farmers, with an average profit of 2,000 yuan per mu [2] Agricultural Insights - The chili planting area for the company is approximately 13,000 acres, with a dry chili yield of 500 kg per acre [1] - Local farmer Liang Linhai has improved his chili production over the years, achieving a profit of 2,800 yuan per acre in 2024 [1]