Baiyun Mountain Launch Probiotic Products for Children
date:2017-02-28
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2016 annual performance of Baiyun Mountain (600332): the company realized ¥20,036 million of operating revenue with a year-on-year growth of 4.76%; and the net profit decreased by 15.97% on year-on-year basis, realizing ¥1,508 million. The company possesses four business areas, among which the area of comprehensive health is mainly engaged in production, R&D and marketing of drink, food, healthcare product, cosmeceutical and other products and the main products include Wanglaoji Herbal Tea, ganoderma lucidum spore oil capsule, lozenge, turtle jelly, etc. In 2016, its business of comprehensive health achieved ¥7769 million of operating revenue with a year-on-year growth of 0.01%. On March 12, Wanglaoji Pharmaceutical announced that it would conduct a strategic cooperation with DuPont USA in the area of probiotics in terms of technology, supply chain, market, etc., including launching “Three Dolls” active probiotic products for children which were divided into two series: products for children aged from 0-3 and from 3-12.
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