Fortune VC and several other investors have jointly invested RMB49M in Chenguang Biotech Group Co., Ltd.  (Chenguang Group) in Sep. 2009.

 

Chenguang Group is an export-oriented enterprise incorporating deep processing of agricultural products and extraction of natural plants as well a national key leading enterprise in agriculture industrialization. It is also China’s largest manufacturer and seller of natural pigment, taking up 35% of the world natural pigment market, 50% of the Asian market and 68% of the Chinese market. Plant extraction is an important raw material of food and drugs, promising good growth prospects.

 

Helped by strategic capital, Chenguang Group will further boost the development of Modern agriculture.