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Jiabiyou Company donates 360 bottles of DHA360 to the medical team of Hefei Science Island's aid to Hubei province
2020.03.27
On January 28, 2021, Jiabiyou Biotechnology (Wuhan) Co., Ltd. (stock code: 688089) announced the acquisition of 11% equity of its holding subsidiary, Zhongke Guanggu Green Biotechnology Co., Ltd.
Jiabiyou's acquisition of a minority stake in its subsidiary, Zhongke Optics Valley, is based on confidence in the development prospects of the bird's nest acid (SA) business and the company's overall business planning, which is conducive to the rational allocation of the company's overall resources. After the completion of this acquisition, the company will rely on Zhongke Optics Valley and use bird's nest acid products as an entry point into the cosmetics field to create a new business growth pole for the company.
This acquisition marks the beginning of a new era in the domestic cosmetics industry! On January 1, 2021, the Regulations on the Supervision and Administration of Cosmetics were officially implemented. It is reported that more than 10 secondary laws and regulations on cosmetics will be promulgated and implemented this year. The successive implementation of new regulations will raise the entry threshold for the industry, encourage innovative research and development of ingredientss, increase the cost of illegal activities, and promote industry standardization. As the cosmetics industry enters the era of cosmetics regulation 2.0, it will also promote a new round of healthy development in the cosmetics market!
The company will take advantage of the implementation of this new regulation to complete the registration of new cosmetic ingredientss for bird's nest acid (SA) as soon as possible, and quickly start the application of bird's nest acid in the cosmetics field
At the same time, the company currently produces and sells products such as arachidonic acid (ARA), docosahexaenoic acid (DHA), and beta carotene, as well as products such as astaxanthin and lycopene that are currently under development. These products are also listed in the "Catalogue of Used Cosmetics Ingredients (2015 Edition)" released by the State Food and Drug Administration in 2015 and the "Draft of Used Cosmetics Ingredients (Soliciting Opinions)" released by the China Academy for Food and Drug Control on January 26, 2021, and have certain market prospects in the cosmetics field.
The company will collaborate with Hefei Institute of Physical Science (www.hf.cas.cn) to leverage the institute's technological advantages in strain construction and synthetic biology, combined with the company's industrial advantages in microbial fermentation, post fermentation extraction, and microcapsule embedding. This strong alliance will accelerate the efficacy and application research of cosmetic ingredientss, continuously launch new cosmetic ingredients products and solutions, and explore new business growth points for the company in the fields of medical aesthetics and cosmetics& nbsp;
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