History

Weifang Shengtai Pharmaceutical Co., Ltd. was incorporated in February 1999 at 208 Limin Street, Changle County. Under the condition of leasing the factory buildings and equipment of the former Weifang No.5 Pharmaceutical Factory to engage in production and operation activities, Shengtai people started the entrepreneurial journey of arduous struggle.

In 2001, in response to the call of the local government to withdraw from the city and enter the park, Shengtai Pharmaceutical Co., Ltd. built a new factory area in Changle Development Zone and jointly organized a thermal power plant with Century Sunshine Paper. In 2007, all the work of withdrawing from the city and entering the park was completed, and the registered address was changed to 1202 Fangshan Road, Changle County Development Zone. In May 2007, Shengtai Pharmaceutical achieved overseas listing, becoming the first listed company in the history of Changle County. The scale of production and marketing of enterprises is growing day by day, and the pace of development is further accelerated.

Since 2010, while continuing to expand and strengthen the traditional business of starch and glucose, the company has successively expanded into new business areas such as modified starch, vegetable oil, functional sugar production and marketing, logistics, commerce and trade, and gradually formed five major business sectors, such as pharmaceutical raw materials, food raw materials, food additives, edible oil, trade and logistics, to speed up the modernization and group operation. The comprehensive competitive strength of the enterprise has been significantly enhanced, and the brand influence has continued to expand.

Facing the future, all Shengtai people will keep in mind the corporate mission of "providing customers with better product application solutions", anchor the corporate vision of "becoming a leader in the development of China's starch industry", and practice "customer first, team first, and employee satisfaction" "Enterprise core values, continue to build the core competitiveness of the enterprise, and promote the high-quality and sustainable development of the enterprise.

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2001

1999

  • Century-Light Creative Research Center was inaugurated

    2023
  • The project of annual output of 30,000 tons of plant milk powder was completed and put into operation

  • Functional starch sugar production line expansion project put into operation

  • Annual production capacity of 5,000 tons of microecological preparation project completed and put into operation

  • 60,000 tons per year of dextrose anhydrous project completed and put into operation

  • 300,000 tons of liquid sugar expansion and renovation project put into operation

  • Weifang Shengfeng Starch Technology Co., Ltd. was established.

  • 400,000 tons of starch technical transformation project put into operation

  • The group began to implement the branch management system

  • 120,000 tons of liquid sugar project was put into operation

  • 70,000 tons of crystalline sugar production expansion project was put into operation

  • Weifang Jiayou Oil Co., Ltd. was established

  • 3,000 square meters of new staff canteens were put into use

  • Shandong Shengtai Biotechnology Co., Ltd was formally established

  • 9,800 square meters of new staff apartment building put into use

  • The 120,000-ton glucose project was completed and put into operation

  • Weifang Shengtai Medicine Co., Ltd. was listed on OTCBB in the United States

  • 7,000 square meters of new office building put into use

  • 240,000 tons of starch project completed and put into production

  • Upon approval, Weifang Shengtai Medicine Co., Ltd. was changed into a Sino-foreign joint venture

  • Dextrose Anhydrous project completed and put into production

  • Joint venture with Shandong Century Sunshine Paper Group Company Limited to establish Changle Shengshi Power Plant Co., Ltd.

  • Responding to the call of "returning to the city and entering the garden", a new factory area is set up in Changle Economic Development Zone

  • Weifang Sheng Tai Pharmaceutical Co., Ltd. was founded