Morning Light Biotech: Planning to establish a subsidiary in Guilin to carry out processing and extraction business of Luo Han Guo.

Chenguang Biological announced on January 16th that, in order to expand the company's business and improve the industrial layout reasonably, the company plans to use 80 million yuan to establish a wholly-owned subsidiary in Guilin City to carry out processing and extraction business of Luo Han Guo fruit.