Establishment of subsidiaries in Algeria and Brazil, and comple-tion of the overseas yeast product expansion.

Key projects such as Angel  Biotechnology Industrial Park  and Angel Health Food Industrial Park were completed and  put into operation.

New R&D building was put into use. 

Operating revenue exceeded 10 billion yuan for the first time.

Yeast extract line in Egypt started production.

Yeast plant in Dankov, Russia started production.

Yeast plant in Beni Suef, Egypt started production; Special Enzymes Dept was established.

Brewing & Biofuels Dept was established.

Microbial Nutrition Dept was established.

Yeast Extract Dept & Animal Nutrition Dept was established.

Baking & Chinese Dim Sum Technical Center was established.

Angel Yeast Co., Ltd was listed on the Shanghai Stock Exchange. Export Dept was established to develop the international market.

Hubei Angel Biotechnology Group Ltd. was established.

Finished expansion of the first yeast plant, production capacity was doubled to reach 4000 tons.

National Yeast Pilot Base project started construction, birth of Angel Yeast.