Li Shao

Part of Baotou Dongbao Bio-Tech Co., Ltd., Qingdao Yiqing Biotechnology Co., Ltd. is a company based in Qingdao, CN that specializes in producing plant-based hydroxypropyl methylcellulose (HPMC) and polysaccharide capsules for pharmaceutical and health products. Qingdao Yiqing Biotechnology Co. was acquired by Baotou Dongbao Bio-Tech Co., Ltd. from Qingdao Gon Technology Co., Ltd. on December 08, 2021 for $41.87 million. The Chinese company's products are made from natural materials and are suitable for vegetarians, Muslims, and Jews. The capsules have a strong air barrier, low moisture content, and high toughness, providing effective protection for the contents and ensuring stability and compatibility with various drugs. The company was founded in 1986 and is led by CEO Shi De Zhang.