Guotou Group establishes the Biomanufacturing Innovation Research Institute in Wuxi.
According to the enterprise check app, recently, Guotou Bio-Manufacturing Innovation Research Institute Co., Ltd. was established with a registered capital of 30 million RMB. Its business scope includes: biobased materials technology research and development; bio-liquid fuel production process research and development; bio-chemical products technology research and development; artificial intelligence theory and algorithm software development, etc. Shareholding information from the enterprise check app shows that the company is jointly held by Guotou Bio-Manufacturing Innovation Research Institute Co., Ltd., a wholly-owned subsidiary of the State Development and Investment Corporation, and Wuxi Life Science Industry Development Co., Ltd.
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