Angel Yeast Co., Ltd.

# Angel Yeast Co., Ltd. 2024 Corporate Data Report Summary Angel Yeast Co., Ltd. is a globally leading yeast products company headquartered in Yichang, Hubei Province, China. Listed on the Shanghai Stock Exchange (SSE: 600298), the company operates a full-value chain business model encompassing independent production, R&D, branding, and sales. With approximately 9,000 employees worldwide, Angel Yeast serves customers in over 160 countries and maintains 12 global production facilities with an annual capacity of 350,000 tons, including 300,000 tons of yeast products and 50,000 tons of health food products. The company achieved remarkable financial results in 2024, with revenue reaching approximately 120 billion RMB (approximately $17 billion USD), representing an 8.5% year-over-year increase. Net profit reached approximately 15 billion RMB with a 9.2% growth rate, while gross margin stood at approximately 35%. R&D investment increased by 12.5% to approximately 6 billion RMB, demonstrating the company's commitment to technological innovation. The yeast business remains the primary revenue driver, contributing 70% of total sales, while health food and biotechnology segments account for 20% and 10% respectively. Angel Yeast has established significant technological advantages with over 200 core technology patents and maintains eight R&D centers across China, the United States, and Europe with approximately 800 research personnel. The company launched over 150 new products in 2024, achieved 20 major technology breakthroughs, and filed 60 new patents. In terms of sustainability, the company reduced unit product energy consumption by 8%, increased wastewater recycling rate to 90%, and lowered carbon emission intensity by 12%. Looking ahead to 2025, Angel Yeast plans to deepen technological innovation in yeast core technologies and synthetic biology, expand its health industry product lines, further develop emerging markets, and advance its sustainability goals including green manufacturing and carbon neutrality initiatives. The company's brand heat score of 850/1000 reflects its prominent position as an important leader in the global yeast industry, backed by its comprehensive global layout, strict quality control, and sustained innovation capabilities.