Xiamen Yan Palace Bird S Nest Industry Co. Ltd. (China)

The Company was established in the People's Republic of China on 31 October 2014. The Company and its subsidiaries are principally engaged in the development, production and marketing of edible bird's nest products.
HISTORY
The following table sets forth the key business development milestones of the Group :
2014 The Company was established as a limited liability company in Xiamen.
The Company took the lead in drafting the “Edible Bird's Nest Quality Grading,” which became the standard specification for the EBN industry.
The Company also opened online stores through e-commerce channels, starting through online sales.
2015 The Company EBN technology center had officially passed the CNAS laboratory accreditation (registration number: CNAS L8129). The Company was
the first EBN enterprise in China to have the CNAS laboratory accreditation.
2016 The Company Company was recognized by the National Urban Agricultural Trade Center Association's Bird's Nest Market Professional Committee as
the most influential brand of 2018.
2019 The Company was recognized as “Fujian Benchmark Company for Edible Bird's Nest Products” by China Food Industry Association.
2020 The Company was converted into a joint stock company with limited liability.
The number of the Group's offline stores exceeded 500.
2021 The Company and the Indonesian government signed an agreement of intent to purchase bird's nest in 2022.
The Company was the designated EBN product of the Chinese national fencing team.
The Company was selected into the National Brands Project of Xinhua News Agency.
2022 The Company was named as one of “the Xiamen Municipal-level Enterprise Technology Centers” and the Xiamen Specialized, Refined, Unique, and New
Small and Medium-sized Enterprises.
The Company s factory became a “Green Factory” in the provincial level as recognized by Fujian Provincial Department of Industry and Information
Technology.
The number of the Group's offline stores exceeded 700.