Shandong Fuyang Biological Starch Co., Ltd. was established in 2016 with a registered capital of 10 million yuan, located in Pingyuan County, Dezhou City. The company uses corn as raw material, processing 1 million tons of corn annually, producing 700,000 tons of corn starch, 80,000 tons of corn germ, 100,000 tons of corn fiber, and 60,000 tons of corn protein powder each year. It ranks among the industry leaders in production technology level, cost control, and automation. The company's products sell well nationwide and actively expand into overseas markets. In 2022, the company achieved an operating income of 3 billion yuan and a profit tax of 120 million yuan.
Shandong Fuyang Biological Starch Co., Ltd. is a wholly-owned subsidiary of Shandong Fuyang Biotechnology Co., Ltd. With good management practices, advanced production technology, and strong social influence, the parent company has received more than 40 national and provincial honors including National High-tech Enterprise, one of the first delivery warehouses for corn starch futures contracts, and AAA credit enterprise in the starch industry. It is also a drafter in several fields related to corn starch and gluconic acid. In recent years, the company has invested nearly 100 million yuan annually in scientific research innovation.
A research and innovation center covering an area of 11,000 square meters has been established to mainly undertake functions such as 'R&D pilot testing, external cooperation, achievement transformation and technology display'. A modern office management platform is used to enhance overall work efficiency; currently the company is implementing an information system construction centered on ERP with supporting BPM, MES, CRM and SRM systems to fully create a smart park and intelligent factory.
As a leading enterprise in the industry with a processing capacity of 1 million tons of corn, the company drives surrounding counties' corn planting bases covering an area of 2 million mu. In the next two years, when processing capacity reaches 2 million tons of corn it will drive surrounding counties' planting bases to cover an area of 4 million mu. In 2023, the company will closely align with national local '14th Five-Year Development Plan', continue to adhere to its business philosophy of 'professional focus', and follow a development path characterized by 'high-end quality differentiation' to promote doubling enterprise output value, benefits and tax contributions.