Nutrichem Laboratory Co., Ltd. (Nutrichem) issued an announcement in Sep. 2018 on the acquisition of minority shareholders' equity and related party transactions of its holding subsidiaries.

Nutriechem GLP Laboratory (Nutrichem GLP, the subsidiary of Nutrichem Co., Ltd.) officially established Nutrichem(Shuzhou) Laboratory Co., Ltd. in Suzhou, Jiangsu Province in August 2018 (Nutrichem(Suzhou)).

In 2017, Beijing Nutrichem Company Limited (Nutrichem) made revenue of USD968.5 million, up by 34.7% year on year, and net profit of USD46.0 million, sharply up by 43.7% year on year.

In early 2017, Beijing Nutrichem Co., Ltd. (Nutrichem) announced the join of two new employees, Jiang Shuo and Chen Ziping, who are appointed as vice presidents starting from 1 Jan., 2017. The former will be in charge of the market and production development while the latter of the company’s sustainable development.

On 28 April, 2016, Nutrichem Company Limited (Nutrichem) published an announcement on its plan to set up a holding subsidiary temporarily named Keji Dalong Biotechnology Co., Ltd. together with three natural persons by joint contribution. Registered capital of the new company, registered in Changping District of Beijing, is USD7.7 million, 51.0% of which or USD3.9 million is funded by Nutrichem.