Established in 2001 and listed on the Singapore Exchange in 2006, China Essence Group Ltd. (“China Essence” or the “Group / Company”) is a leading integrated producer of potato starch, potato starch-based products such as vermicelli, starch strips and five-grain noodles and potato by-products such as potato protein and potato fibre in the People’s Republic of China (the “PRC”). China Essence also produces modified starch, which can be applied in a diverse range of industries such as textile, paper, adhesives, oil and mining, pharmaceutical and personal care and cosmetics industries.

China Essence is headquartered in Beijing and has manufacturing facilities strategically located in Northeast China, Heilongjiang province and Inner Mongolia, the PRC, where it enjoys close proximity to an abundant supply of high quality potatoes.

ISO-certified since 2004, China Essence places strong emphasis on R&D and quality assurance to produce high quality products and increase its product range. As testament to its R&D capabilities, China Essence successfully cultivated an imported species of potato in Daqing, which has a shorter maturity period and higher starch yield, enabling the Company to extend the potato starch production cycle. The Company also successfully developed its five-grain noodles in 2002, where the product’s high elasticity, strength and smoothness make it a preferred substitute for traditional noodles.

Over the years, China Essence has established a strong reputation as a manufacturer of high quality potato starch. The Company markets its high quality products under its brand names “Bigang” (碧港), “Dongbei” (东北)) and “Buffalo” (水牛) through its distributors’ extensive network spanning 48 cities in 21 provinces and municipalities within the PRC.

China Essence currently operates 5 production facilities, with a total of 17 production lines, 8 of which are for production of potato starch, 1 of which is for production of modified starch products, 6 of which are for production of potato starch-based products and the remainder, potato by-products. The annual production capacity for potato starch is 170,000 tonnes and that of potato starch-based products is 22,000 tonnes. The annual production capacity of modified starch products stands at 18,000 tonnes. The annual production capacity of potato protein is 8,000 tonnes and that of potato fibre is 80,000 tonnes.