Shandong Freda Biotechnology Co., Ltd. (Freda Biotech) is a high-tech biotechnology enterprise co-founded by Shandong Freda Pharmaceutical Group Corporation, Shandong Business Group, and Shandong High-tech Investment Co., Ltd. With registered capital of RMB 71.4 million, Freda Biotech mainly focus on the R & D, manufacture and sale of green food and cosmetic additives such as biological polysaccharides, preservatives, and macromolecule polymers. Currently Freda Biotech's main products are Natamycin, Nisin, Pullulan and Poly Glutamic Acid. Freda Biotech has a modern production base covering 36 acres in Shandong Linshu Economic Development Zone where workshops are set up as per GMP standard. Cutting-edge equipment for biological fermentation, extraction, purification and refinement is installed and operated at the base. As of 2016, Freda Biotech's production capacity reaches 200 tons of each product every year and the products are exported to other Asian countries, EU and America in huge quantities and on a regular basis.