Good News | Jiangxi Yifang Was Recognized as a National High and New Technology Enterprise Again

Recently, Jiangxi Yifang Rural Technology Co., Ltd. (hereinafter referred to as “Jiangxi Yifang”), a wholly owned subsidiary of Huabao Flavours& Fragrances Co., Ltd., was once again identified as the “ National High and New Technology Enterprise” and awarded the “High and New Technology Enterprise Certificate” jointly issued by the Science and Technology Department of Jiangxi Province, Department of Finance of Jiangxi Province, Jiangxi Provincial Tax Service of the State Taxation Administration, valid for three years. Since 2017, Jiangxi Yifang has obtained the “National High and New Technology Enterprise Certificate” for three consecutive times. The “High and New Technology Enterprise Certificate” demonstrated that related national departments recognized Jiangxi Yifang’s technological innovation ability, team strength and development potential, which will help improve the efficiency of the Company’s R&D investment, accelerate its transformation of scientific and technological achievements, and thus enhance market competitiveness.

As a new high-tech enterprise integrating planting, production, R&D and sales, Jiangxi Yifang constantly pursues excellence, actively practices innovative ideas, provides customers with high-quality products and services, and plays an important role in the development of Huabao in the food ingredients industry.

In the future, Jiangxi Yifang will take this opportunity and continue to adhere to the concept of technology first and continuous innovation, enhance its technical strength, further promote the its independent innovation and independent R&D, strengthen its technological innovation ability and sci-tech achievements transformation, and develop more “green, nutritious and healthy” products, thus continue to provide strong technical support for the rapid development of Huabao in the food ingredient industry.