Qingdao Jipai Holding Co., Ltd. was established in 2021, formerly known as Qingdao MSG Factory, which was established in 1936. “Ji”brand MSG is a Chinese time-honored brand with a history of more than 80 years. In 2021, the company invested and established Inner Mongolia Jipai Biotechnology Co., Ltd. in Inner Mongolia, China's corn planting base, to engage in corn deep processing projects. The project is the only corn deep processing industry project approved by the National Development and Reform Commission in Baotou City, aiming to establish a whole industrial chain system of corn deep processing and build Baotou food industry base in Inner Mongolia. The company locates in the new Industrial Park of Tumot West County, Baotou City, Inner Mongolia and covers an area of 700,000 square meters. The whole industrial project is constructed in three phases, with a cumulative investment of 495 million U.S. Dollar and an annual output value of 1.3 billion U.S. Dollar. At present, the first phase of investment has been completed and the advanced fully automated production equipment has been purchased from Siemens and put into operation at the end of 2023. The company mainly manufactures condiments (monosodium glutamate), corn starch, modified starch, starch sugar (high fructose syrup, glucose syrup, maltose syrup, sorbitol, etc.), new sugar substitute (complex sweetener, erythritol, etc.), solid beverage powder (non-dairy creamer), organic acids, amino acids and other corn-based high-tech products which are widely used in food,medicine, feed, industrial fermentation, paper production, fine chemicals and other fields. Building a world-class biotechnology enterprise oriented, the company adheres to the business philosophy of customer upmost, integrity and mutual benefit, gratitude and hard work, pioneering and innovative, and wholeheartedly serves new and old customers from all over the world.