Group 1 - The core viewpoint of the article is that Huayuan Biological (300401) has not yet generated revenue from feed-grade cholesterol in the domestic market [1] - Feed-grade cholesterol is used as a feed additive, primarily for premix and feed production manufacturers [1]

Group 1 - The core viewpoint of the article is that Garden Biologics (300401.SZ) has not yet generated revenue from its feed-grade cholesterol in the domestic market [1] - Feed-grade cholesterol is used as an additive in animal feed, with downstream applications primarily in premix and feed production manufacturers [1]

Core Viewpoint - The company has not yet generated revenue from its feed-grade cholesterol product, which is intended as an additive for animal feed [2]. Group 1: Company Information - The company, Huayuan Biological (花园生物), confirmed that its feed-grade cholesterol has not yet produced revenue domestically [2]. - The primary downstream customers for feed-grade cholesterol include premix and feed manufacturers [2].

Group 1 - The core viewpoint of the article is that Huayuan Biological clarified its product offerings, stating that it sells feed-grade cholesterol and does not involve premixes [2] Group 2 - The company engaged with investors through an interactive platform to address inquiries regarding its product line [2] - The clarification aims to provide transparency about the nature of the products sold by the company [2]

Group 1 - The core viewpoint of the article is that Garden Biologics (300401.SZ) clarified on its investor interaction platform that the products it sells are feed-grade cholesterol and do not involve premixes [1] Group 2 - The company is focused on the production and sale of feed-grade cholesterol, indicating a specific niche within the animal nutrition industry [1] - The clarification provided by the company may help to address any potential misconceptions regarding its product offerings [1]