Editor's Note
Welcome to the April issue of Corn Products China News
Market dynamtics
Many listed companies released their 2025 annual report, and their key performances in 2025 were listed as follows.
- Jindan Tech: Revenue increased by 7.23% YoY, and net profit surged by 205.92% YoY.
- Tuoxin Pharm: Revenue fell by 10.28% YoY, while net profit dropped by 250.32% YoY.
- Fufeng Group: Revenue rose slightly by 0.4% YoY, and gross profit increased by 8.4% YoY.
- Chuanning Bio: Revenue declined by 19.83% YoY, and net profit fell by 45.08% YoY.
- NHU: Revenue decreased by 7.39% YoY, with net profit down by 37.66% YoY.
- Meihua Bio: Revenue decreased by 3.43% YoY, while net profit increased by 19.72% YoY.
Project update
- Qingzhou Guangyu plans the expansion project for bioactive substances and injectable sodium hyaluronate gel.
- Yishui Dadi proposes the corn starch production line and wastewater treatment facility upgrade project.
- Renzhong Bio advances 400 t/a spinosad project.
Price Update
- In Q1 2026, the price of maltodextrin kept increasing.
Import and Export
- In March 2026 China exported 27,342 tonnes corn starch, up 34.33% YoY.
The USD/CNY exchange rate in this newsletter is USD1.00=CNY6.9025 on 1 April, 2026, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
Except for the import & export analysis, other % changes in this newsletter are calculated in RMB.
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Market Analysis
- Qingzhou Guangyu's bioactive substances project
- Two corn product projects advance
- Jindan Tech's 2025 net profit soars
- Tuoxin Pharm's 2025 net profit plunges as revenue slips
- Fufeng Group's gross profit surges 8.4% on flat 2025 revenue
Company Dynamics
- Chuanning Bio's 2025 revenue and net profit slide
- NHU's revenue and net profit decline in 2025
- Meihua Bio's 2025 revenue drops
Price Update
- Price update of corn products, April 2026
- Maltodextrin price rises in Q1 2026
Import and Export
- Chinese corn products Imp. & Exp., March 2026
- China's corn starch exports continue to rise
News in Brief
- CASDE monthly update– April 2026
- Lotus Holdings posts higher revenue and profit in 2025
- EU initiates third AD investigation on Chinese citric acid and sodium citrate
- US keeps THFA anti-dumping duties
- US finds Chinese MSG dumping margin at 40.41% in sunset review
- Hunan Lier to build multi-functional bio-manufacturing platform
- Siping Xiangyin adds 2,300 t/a xylose capacity
- Hangzhou Celluranics' bio-based FDCA project
- Zhongyida's edible alcohol margin sinks to -33.94%
- Menon Leling's 100,000 t/a corn protein project (Phase I)

