Core Viewpoint - The establishment of Anhui Juyi Technology Co., Ltd. marks a significant development in the bio-based materials sector, focusing on research and production of bio-based materials and chemical products [1]. Group 1: Company Overview - Anhui Juyi Technology Co., Ltd. has a registered capital of 11 million yuan and its business scope includes research and sales of bio-based materials [1]. - The company is jointly owned by Shanghai Yiru Biotechnology Co., Ltd. (51%) and Jiangsu Jujie Microfiber Technology Group Co., Ltd. (49%) [3]. Group 2: Key Products and Innovations - Yiru Biotechnology, established in late 2021, has developed core products such as Naro cultivated leather, utilizing directed evolution and gene editing technologies to transform strains and produce microbial fibers and proteins from non-food biomass [5]. - The company has invested 100 million yuan to establish a large-scale production base in Changzhou High-tech Zone, with a planned annual output of 1,500 tons of leather slurry and 12 million meters of leather [5]. - Jujie Microfiber focuses on the research, production, and sales of ultra-fine composite fiber materials, and has recently introduced bio-based leather materials produced through synthetic biology technology, emphasizing high technical content and cost advantages [6].

Core Viewpoint - The establishment of Anhui Juyi Technology Co., Ltd. marks a significant step in the development of bio-based materials, particularly in the production of bio-based leather, which is gaining traction in various industries including fashion, automotive, and home furnishings [1][2]. Company Overview - Anhui Juyi Technology Co., Ltd. has a registered capital of 11 million yuan and focuses on the research and development of bio-based materials and products [1]. - The company is jointly owned by Jiangsu Jujie Microfiber Technology Group Co., Ltd. (49%) and Shanghai Yiru Biotechnology Co., Ltd. (51%) [1]. - Shanghai Yiru, established at the end of 2021, specializes in producing Naro cultivated leather using innovative techniques such as directed evolution and genetic editing [1]. Market Trends - Bio-based leather is increasingly recognized as an eco-friendly alternative in the global market, particularly in the fashion and apparel sectors, with luxury brands like Hermès collaborating with MycoWorks to produce high-margin products [2]. - Major automotive companies, including BMW and Cadillac, are integrating bio-based materials into their vehicle interiors, indicating a growing trend towards sustainability in the automotive industry [2]. Production and Technology - The production process of bio-based leather involves utilizing non-food biomass as raw materials through precision fermentation to create microbial fibers and proteins [1][2]. - Various technological routes for bio-based leather production are being explored, including bio-based PU and the use of coffee grounds as fillers [4]. Industry Participation - Established companies like BASF, Toray, and Arkema, along with emerging firms like Yiru Biotechnology, are actively involved in the bio-based materials sector [4]. - Jujie Microfiber, a leader in ultra-fine microfiber materials, plans to launch new products including bio-based waterproof membranes and leather by 2025 [5]. Events and Networking - The 10th Bio-based Industry Conference and Exhibition is scheduled for May 25-27, 2025, in Shanghai, focusing on sustainable applications and innovations in the bio-based industry [11][17]. - The event will feature over 1,000 product displays and various forums aimed at fostering collaboration and knowledge sharing within the industry [16].