 Biochemistry Co., Ltd. ("Pucheng Chia Tai") is a subsidiary of CPP, with the latter holding 69.5% of its shares.
Pucheng Chia Tai, located in Pucheng, Fujian province, was established in 1995. It has 500 employees including 300 professional technicians. Pucheng Chia Tai principally engages in the production and sales of feed-grade Chlortetracycline ("FG CTC") and Hydrochloride Chlortetracycline ("HCL CTC"). It owns two production lines which have annual production capacities of 16,000 tons for FG CTC and 1,500 tons for HCL CTC.
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