Penglai Marine (Shandong) Co., Ltd.

Penglai Marine (Shandong) Co., Ltd. was founded in 1995 and is located at No. 189 Zhenxing Road in Penglai District, Yantai, Shandong Province. Registered capital is 47.5 million yuan. The company listed on the National Equities Exchange and Quotations market on 4 December 2015 under stock code 834752.

It develops, produces and sells calcium, magnesium and zinc mineral salts, compound nutritional fortifiers and pharmaceutical intermediates. The range includes calcium carbonate, calcium citrate, calcium gluconate, calcium acetate and calcium glycinate, magnesium citrate and magnesium glycinate, and zinc citrate, supplied to functional foods, sports nutrition, foods for special medical purposes, infant and follow-on formula, milk powder, modified milk drinks and solid beverages, as well as to pharmaceutical, feed, cosmetic and tobacco customers. Custom blends and formulation work form a significant part of the business.

Production facilities are built to GMP and HACCP standards, with online measurement and in-process monitoring. Products are made to Chinese national standards and to Chinese, United States and British pharmacopoeia requirements. Certifications include FSSC 22000, ISO 22000, ISO 14001, ISO 9001, GMP, Kosher and Halal. The company holds two invention patents and more than fifty utility models, is a Shandong gazelle enterprise and works with more than five hundred customers. Exports account for over 70 per cent of annual sales, reaching Europe, the Americas, Japan, Australia and Southeast Asia.