SHENGDA BIO-PHARM(SH:603079)2024-01-02 10:34Group 1: Company Overview - The company, Zhejiang Shengda Biological Pharmaceutical Co., Ltd., has a product distribution ratio of approximately 60% domestic and 40% export, primarily to Europe and the United States [2]. - The company focuses on biological preservatives, which are gradually replacing chemical preservatives due to increasing food safety awareness [2]. Group 2: Product Applications - Lactic acid streptococcus, natamycin, and polylysine are used in various food products, including meat, dairy, sauces, and baked goods, with specific applications noted for each [1][2]. - Natamycin is primarily used in cheese abroad and in baked goods domestically, serving as an effective mold inhibitor [1]. Group 3: Cost and Market Dynamics - Biological preservatives are generally more expensive but require lower dosages to achieve similar effects compared to chemical preservatives, making costs comparable in certain applications [2]. - The company is actively developing new products to replace chemical preservatives while also exploring new market segments, such as the prepared food industry [3]. Group 4: Production and Supply Chain - The company has established production bases in Anhui and Tongliao to leverage local resource advantages, supporting the production of various product lines, including vitamins and eco-friendly polyurethane [2][3]. - The production of biological preservatives is characterized by stable development and relatively insignificant cyclical fluctuations [2].