SINGAPORE, January 7, 2025: Zixin Group Holdings Limited (“Zixin”), a biotech-focused sweet potato industrial value chain operator listed on SGX Catalist, has achieved a significant milestone. The company announced its first order for probiotic-infused fermented sweet potato feedstock from a chicken poultry breeder farm in Liancheng County. The order, valued at RMB 3.24 million (approximately SGD 0.61 million), covers 1,080 tonnes of feedstock and is valid for an initial one-year period starting January 1, 2025.

Executive Chairman and CEO of Zixin, Mr. Liang Chengwang, expressed enthusiasm for this development, saying, “We are heartened to have achieved a new milestone for Zixin Group with this feedstock order, as the trial feedings yielded satisfactory results.”

The feedstock will be produced through strategic outsourcing. Zixin collaborates with a third-party fermentation plant operator and a designated sweet potato peel waste collector in Liancheng County. Leveraging its proprietary probiotic solution and technical expertise, Zixin will transform agricultural waste like sweet potato peels into high-nutrition feedstock for poultry farms.

The initial order will require 5,400 tonnes of sweet potato peel waste. Zixin Group has committed to supplying 3,500 tonnes of this waste from its operations, while the remaining 1,900 tonnes will be sourced from other local farmers and food processors. In FY2024, Zixin generated 748.8 tonnes of sweet potato peels from its snack food processing operations and sourced additional peels from cooperatives managing its contractual farmlands.

Mr. Liang added, “We are delighted to be able to make a positive contribution to the sweet potato industry, closing the loop of the circular economy of our biotech-focused sweet potato industrial value chain. Besides transforming a cost into income, we believe we are also enhancing the environment and extending the nutritional value found in sweet potatoes to other food sources, such as chicken poultry.”

While this order is a testament to the company’s ability to innovate and repurpose agricultural waste, the management clarified that this transaction is not expected to have a material impact on Zixin’s financial results for the fiscal year ending March 31, 2025. However, the initiative underscores Zixin’s commitment to sustainability and its potential to unlock additional revenue streams in the future.

Shareholders should note that none of the company’s directors or controlling shareholders have any direct or indirect interest in this order beyond their shareholdings in Zixin.