Yi Huarong, deputy general manager and director of Jiabi Youyou: technological innovation promotes ESG and the company's business integration

On July 22, the third anniversary of the opening of the science and technology board. On the same day, the daily economic news of the mainstream financial media of the country and the leading think tank of ESG in China -the Green Financial International Research Institute of the Central University of Finance and Economics jointly organized the "ESG Action School, Science and Technology Innovation Board Special Special Special Special Special Special Special Special Special Special".

The deputy general manager and director Yi Huarong, deputy general manager and secretary of the director and director Yi Huarong, said on the salon that ESG sustainable development has become the consensus of the whole society. As a science and technology board listed company, technology is the core driving force of Jiabi You. In the next step, the company will continue to increase technological investment, further explore animals, plants and microbial resources, produce more and better products, and better practice ESG concepts. "Continuously promoting technological innovation is an important task and content of the company's practice of ESG concept."

The main businesses of Jiabiyou include the research and development, production and sales of multi-series products such as ARA and algae oil DHA, and SA, natural beta-carotene, and the products are widely used in infant formula foods and dietary nutritional supplements. , Nutrition, healthy food and other fields.

According to Yi Huarong, Jiabi You always targets cutting -edge biotechnology, adheres to basic research, and continues to tap the infinite possibilities in the field of biotechnology. The company's business model also reflects the development concept of ESG.

According to reports, Jiabi You is a company that is based on biotechnology to produce a variety of nutrient production. The biological fermentation technology with synthetic biology is an environmentally friendly and resource -saving technology. Through this technology, the company can synthesize various functional nutrients required. "For example, the algae oil DHA we produce can replace the fish resources fishing in the deep sea, which greatly reduces the destruction of the environment."

Yi Huarong said that in the next step, the company will continue to increase investment in technological research and development, use the company's synthetic biological technology, deeply explore resources in the field of animals, plants, and microbiology to produce more and better products.

Yi Huarong believes that technological innovation is an important means to achieve sustainable development. The sustainable development of ESG has become a historical opportunity for the company. In the future, through technological innovation, the company will gain greater development space. As a listed company of a science and technology board, continuous technological innovation is also an important task and content for the company to practice the ESG concept.

In December 2019, Jiabiyou landed on the science and technology board. Talking about the original intention of the science and technology board, Yi Dewei, the chairman of the company, once mentioned that an important reason was internationalization. Because the industry in Jiabiyou is a highly international industry, many customers of the company are also in the international market.

In recent years, Jiabi You has regarded internationalization as an important development strategy of the company. According to the annual report of Jiabi, in 2021, the company's international strategy has achieved significant results, and the development of international customers is progressing smoothly. As of the end of the reporting period, the company has passed global suppliers of many international customers such as Danone and Nestlobs. In addition, during the reporting period, the company has achieved commercial supply to Nestlé, and its share is expected to continue to increase in 2022.

According to Yi Huarong, Jiabi You's internationalization strategy also needs the company to practice ESG development concepts. Because when international customers audit the supplier, the first audit content is often ESG. "It can be said that this (ESG) has existed in the genes of our company's development."

Yi Huarong introduced that it is not only customers. At present, it includes the government and supervision, but also has a lot of requirements for the company's ESG development. At present, the company has disclosed the ESG report/social liability report for three consecutive years, and the company will continue to improve this aspect in the future.

Daily Economic News

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