"Our company will be listed at the stock market at the end of this year!" Chen Chiqing, the responsible official of Wufeng Biotechnology Co., Ltd. is very excited about this news, because it means that the refinement process of Rhus chinensis Mill in Wufeng will reach a new level and find a place for China in the world\'s market of deep processing of antioxidant additives needed by food chemicals, industrial chemicals, and pharmaceutical chemicals. "95% of the world\'s Rhus chinensis Mill are produced in China. It is a gift from the Mother Nature to the people in the mountainous region in Qinba and Wuling. And Wufeng mountainous region is one of the areas that occupy a lot of wild Rhus chinensis Mill."Chen Chiqing said that Rhus chinensis Mill is similar to Cordyceps and is of great medicinal value.
In 2004, Chen Chiqing, having been working in the pharmaceutical and chemical industry outside his hometown for some years, came back to Wufeng to establish his business. During his business inspection, Chen Chiqing was surprised to find that the Rhus chinensis Mill has never been exploited in large scale, so he set up a biotech company. The company established a relatively stable relationship of purchasing and selling by signing the sales contracts with local farmers, and guided 15,000 people step by step to cultivate artificial Rhus chinensis Mill. The company gradually turned to set foot in fine processing from collecting the raw materials, and produced derivative products such as industrial tannic acid, edible tannic acid, medicinal tannic acid, tannic acid dye, entering the tannin market at home and abroad.
In the last decade, the Rhus chinensis Mill base in Wufeng has reached 6 km2 and led the 66 km2 of surrounding woodland to carry out "Rhus chinensis Mill forest transformation". The Rhus chinensis Mill base has become the leader in the local agricultural industry structure. Moreover, it has established cooperation with the ventures both at home and abroad. And its products are exported to Japan and South Korea. It remains among the top three companies in the industry. The company will be listed to the stock market on NEEQ at the end of this year. (Reporter: Zhang Bokang)