Prumix daily Dated on 2024-03-07

Food Additives:

On March 5, sugar substitute manufacturer Baolingbao released an investor activity record for the 2023 annual performance briefing. It showed that the company is facing fierce competition in the industry and declining profit margins. It will expand high gross profits through the construction of new production lines and technological transformation. product production capacity to increase overall profit margins. In addition, the company will gradually shut down and transform low-margin products and eliminate backward production capacity. In terms of market development, Baolingbao said that it will develop new applications and solutions to gain profits through differentiated competition. The company will also optimize the production, supply and marketing system, improve customer service levels, and increase customer satisfaction.