Good news! Huabao was honored the titles of “Innovative SME” and “Leading SME Specializing in Niche Sectors” in Xizang

Recently, the Department of Economy and Information Technology of Xizang Autonomous Region officially announced the lists of “2024-2026 Innovative Small and Medium-sized Enterprises (SMEs) in Xizang Autonomous Region” and “2024-2026 Leading SMEs Specializing in Niche Sectors in Xizang Autonomous Region”. Huabao Flavours & Fragrances Co., Ltd. (hereinafter referred to as "Huabao" or the "Company"), with its outstanding innovation capabilities, strong technological research & development (R&D) strength, and continuous market expansion spirit, successfully won these two honors.

The attainment of these two honors not only marks the high recognition of Huabao in the fields of innovative development, specialization and sophistication, but also reflects the Company's leading position and remarkable achievements in the flavor and food ingredient industry. This is a powerful affirmation of Huabao’s adherence to technological innovation and focus on main business development over the years.

Driven by technological innovation, Huabao has focused on the core business of flavors and food ingredients in recent years, fully cultivating new quality productive forces, organizing R&D and tackling key, core, and bottleneck technologies, and striving to build a globally competitive technological innovation platform. The Company has continuously increased investment in R&D, gathered a group of high-quality scientific research talents, formed a professional R&D team, and conducted in-depth cooperation with many well-known domestic and foreign research institutions. It actively carries out industry-university-research projects, continuously improving the Company's technological innovation level and product quality. Through continuous technological innovation and product optimization, Huabao provides customers with higher-quality and personalized flavor and food ingredient solutions, and meets the diversified needs of the market. It has won widespread praise and trust from customers and stands out in the fierce market competition.

In the future, Huabao will continue to adhere to the development concept of “Green, Nutritious, and Healthy”, and take technological innovation as its core competitiveness. It will further increase investment in innovation, continuously enhance its independent innovation capabilities, optimize its product structure, improve product added value, strengthen brand building and market expansion, and strive towards the goal of building a globally leading flavor and food ingredient enterprise. We will work hard to achieve the Company’s transformation and upgrading, and leapfrog development.