Quanzhou Shengyuan Biotechnology is located in Quangang Petrochemical Industrial Park, Quangang District, Quanzhou City, Fujian Province. It has built a new project with an annual output of 40000 tons of taurine to carry out research and development, production, and sales of pharmaceutical (food) raw material taurine and related products. The total investment of the project is about 749 million yuan, covering an area of 75 acres and a building area of 51500 square meters. Construction has started in the first half of 2024 and is expected to be put into operation by the end of 2025.