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On 25 Aug., 2015, Anhui Huaheng Biotechnology Co., Ltd. (Huaheng Biotechnology) published its H1 2015 report, according to which the company’s revenue and net profit grew by 17.0% and 8.5% year on year respectively; its gross profit margin reached 33.7%, up by 0.4 percentage point year on year.
As revealed by Anhui Huaheng Biotechnology Co., Ltd. (Huaheng Biotechnology) recently, it signed an intention book with BASF on 10 Nov., 2014 that it plans to newly build new production devices of L-alanine by fermentation method in Hefei, Anhui Province, through join stock or other means. It will try to accomplish the agreement by Q2 2015.