Qingdao Jipai Holding Co., Ltd., established in 2021 and formerly known as Qingdao MSG Factory founded in 1936, is renowned for its 'Ji' brand monosodium glutamate (MSG), a Chinese time-honored brand with over 80 years of history. In 2021, the company expanded by establishing Inner Mongolia Jipai Biotechnology Co., Ltd. in Baotou City, Inner Mongolia, focusing on corn deep processing projects. The facility covers 700,000 square meters and, upon completion of its three-phase construction, is expected to achieve an annual output value of approximately 1.3 billion U.S. dollars. The company's product portfolio includes condiments (monosodium glutamate), corn starch, modified starch, starch sugar (high fructose syrup, glucose syrup, maltose syrup, sorbitol), new sugar substitutes (complex sweeteners, erythritol), solid beverage powder (non-dairy creamer), organic acids, amino acids, and other corn-based high-tech products, serving industries such as food, medicine, feed, industrial fermentation, and fine chemicals.