Guilin Layn Natural Ingredients Corp(002166) 3 on March 14, the company released the announcement on the record of investor relations activities. The company is highly optimistic about the future development of the plant extraction sector. It is expected that the total revenue will maintain an annual growth of about 30% in the next three years. Among them, natural sweeteners will be an important driving factor for the continuous growth of the company’s performance, with an expected annual growth rate of more than 30% and the tea extraction business is expected to grow at an annual growth rate of 10%; The gross profit margin of planting and lifting sector will be maintained at 25% – 30%. At present, the company has reached cooperation with some well-known functional drinks, new tea and other consumer brands in China, such as Yuanqi forest.
The announcement shows that at present, the company’s industrial marijuana project is debugging relevant equipment and processes to reach the formal mass production state as soon as possible. The project will strive to achieve profit and loss balance in 2022. From the perspective of plant extraction application, the company believes that CBD extract will be the plant extract with the widest application scenario, the largest market scale and the most profound consumer cognition.
