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Accelerating business development and ensuring production demand | Mr. ZHANG Zijian, Deputy Secretary of the CPC Committee and Mayor of Yingtan City, led a delegation to visit Jiangxi H&K for investigation

2023/10/30

Recently, Mr. ZHANG Zijian, Deputy Secretary of the CPC Committee and Mayor of Yingtan City, Jiangxi Province, led a delegation to visit Jiangxi H&K Food Technology Development Co., Ltd. (“Jiangxi H&K”), a company under Huabao Flavours & Fragrances Co.,Ltd. (“Huabao” or “Company”), for investigation. Mr. ZHOU Guchang, Secretary of the CPC Working Committee of Yingtan High-tech Industrial Development Zone, and other relevant leaders accompanied the delegation for investigation. Mr. SHAO Jun, General Manager of Jiangxi H&K, warmly received Mr. ZHANG and his delegation.

Mr. ZHOU Guchang, Secretary of the CPC Working Committee of Yingtan High-tech Industrial Development Zone (left), MR. ZHANG Zijian, Deputy Secretary and Mayor of Yingtan City, Jiangxi Province (middle), and Mr. SHAO Jun, General Manager of Jiangxi H&K (right)

The civil engineering project of Technological Innovation Food Ingredients Industrialization Base is under construction in full swing. During a visit to the site, Mr. SHAO reported to Mr. ZHANG on the construction scale and purpose of the project, and introduced Huabao's investment layout, product research and development, technological upgrading, new industry layout, and new models in Jiangxi in recent years.

Subsequently, Mr. ZHOU introduced to Mr. ZHANG the distribution of Huabao's enterprises in Yingtan High-tech Industrial Development Zone and its achievements. After listening to the report, Mr. ZHANG affirmed the business development and achievements of Huabao in Yingtan, and expressed that the Yingtan Municipal Government was very concerned about and looked forward to Huabao's future development and planning in Yingtan. He hoped that Huabao could continue to grow, gradually becoming an iconic company of Yingtan City and even Jiangxi Province.

The civil engineering project of "Technological Innovation Food Ingredients Industrialization Base" is located in Longgang Industrial Park, Yingtan High-tech Industrial Development Zone. The Technological Innovation Food Ingredients Industrialization Base will be an important guarantee for the "production" stage of Huabao's "research and development, production, sales, and services". After the project is completed, it will provide support for the development of Huabao's food ingredients, and empower the Company's transformation, upgrading, and economic development.

At present, the Company is continuously promoting the process of business globalization, and persistently advancing the development strategy of transformation and upgrading through a dual wheel drive approach combining endogenous growth and mergers and acquisitions. To deeply implement the corporate mission of "green, nutritious and healthy", Huabao has constantly increased its investment in flavors and fragrances and food ingredients. In the future, the Company will continue to improve its scientific research strength and comprehensive capabilities, and carry out technological and product innovation relying on the technological advantages of the Huabao International Intelligent Technology Innovation Platform, offering consumers and customers diversified choices, developing overseas markets, and bringing the Chinese flavors to the world.

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