Bowling Bao announced that the company signed a “Strategic Cooperation Framework Agreement on Functional Fats” with Qingdao Haizhiyuan Life Technology Co., Ltd. The two sides will negotiate cooperation on technology, production, application and sales of DHA algae oil and related products based on superior resources in their respective fields, with the goal of becoming a global industry leader in the field of functional fats and oils. Bowling Bao plans to begin mass production of algae oil and DHA crude oil by the end of this year, with an estimated annual production of 2,000 tons. The company's products already have a cost advantage, and adding functional grease product categories will further enrich the company's product structure and enhance its core competitiveness.

Bowling Bao announced that the company signed a “Strategic Cooperation Framework Agreement on Functional Fats” with Qingdao Haizhiyuan Life Technology Co., Ltd. The two sides will negotiate cooperation on technology, production, application and sales of DHA algae oil and related products based on superior resources in their respective fields, with the goal of becoming a global industry leader in the field of functional fats and oils. Bowling Bao plans to begin mass production of algae oil and DHA crude oil by the end of this year, with an estimated annual production of 2,000 tons. The company's products already have a cost advantage, and adding functional grease product categories will further enrich the company's product structure and enhance its core competitiveness.