Amino Acids China Monthly Report

Welcome to the April issue of Amino Acids China E-News.

Company dynamics

In March 2025, Yong'an Pharmaceutical's revenue decreasing YoY by 13.78% to USD116.87 million (RMB838.81 million), the net profit reached USD8.61 million (RMB61.77 million), increasing YoY by 601.65%; Star Lake Technology's revenue for the year 2024 was USD2.41 billion (RMB17.33 billion), decreasing YoY by 0.23%, while net profit was USD131.40 million (RMB943.15 million), increasing YoY by 39.12%.

Project developments

• EI report announcement for Fangrui Biotech's 200 t/a fermentation method food-grade L-hydroxyproline reconstruction project
• EI report acceptance announcement for Huarong Biotech's 2,000 t/a D-p-hydroxyphenylglycine green biological method reconstruction project
• Hengtong Shares to build amino acid industrial base project (Phase I)
• Bayannur Huaheng's functional sugar and refined amino acids project completed
• Chifeng Huahan's 25,000 t/a valine, arginine, and 1,000 t/a inositol (myo-inositol) project completed

Governmental Direction

The United States' "reciprocal tariff" policy significantly differentiates, benefiting amino acids

Price

In April 2025, both prices of 98.5% lysine and 70% lysine showed a downward trend.

Import and Export

In March 2025, methionine exports and imports rose MoM due to market supply and demand.

Reminders

• The USD/CNY exchange rate in this newsletter is USD1.00=CNY7.1775, which was sourced from the People's Bank of China on 1 April, 2025. All the prices mentioned in this newsletter will include the price of methionine. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.
• In this newsletter, the variance rates (MoM, QoQ, YoY, etc.) of all figures that involve RMB/USD conversion (prices, sales values, costs, etc.) are calculated with pre-conversion RMB prices/USD prices. calculated with pre-conversion RMB prices/USD prices. calculated with pre-conversion RMB prices/values, except for the figures in Import and Export column. calculated with pre-conversion RMB prices/values, except for the figures in Import and Export.