Yuanfei Expands Its Overseas Gelatin Manufacturing Programme Through Bangladesh Investment

Yuanfei Group’s Bangladesh project includes gelatin production as part of its overseas manufacturing programme. The company signed an investment proposal with Pingyang Chengfeng Trading Co., Ltd. on 10 November 2023 for the joint acquisition of JW and development of the related production project.

The disclosed total investment was RMB39.5 million. Yuanfei contributed RMB19.355 million, corresponding to a 49% interest in JW. The project covers pet food, gelatin and leather production, bringing several manufacturing activities into the Bangladesh investment.

In a December 24 investor-relations update, Yuanfei described a two-phase construction programme, with the first phase scheduled to enter use ahead of the second. The investment was intended to improve product competitiveness and respond to trade barriers through overseas manufacturing development.

The Bangladesh project complements Yuanfei’s existing production activities in Cambodia, where Laide focuses on pet supplies and the Aitao joint venture on pet snacks. Gelatin adds a further product category to the group’s overseas manufacturing network and gives the Bangladesh project a distinct role within that broader layout.