Founded in 1998, the company has developed into a diversified and modern provincial-level high-tech enterprise integrating the research, development, production and sales of ginkgo health care products, ginkgo cosmetics, daily chemical products and ginkgo flavone products. The company covers a total area of more than 200 mu, with a registered capital of 1. 1.39 million yuan and total assets of 380 million yuan. There are 4 GMP standard workshops with an area of 5,000 square meters and 6 automatic production lines, which are modern laboratories integrating biological detection and physical and chemical analysis. Since its establishment, Yongchuntang Company has actively responded to the central government's policy of "agriculture, countryside and farmers", relying on the abundant local ginkgo resources and aiming at developing high-tech industries. We have always adhered to the road of combining production, learning and research, devoted ourselves to the research and development of health food, functional food and deep processing projects of Ginkgo biloba, and vigorously implemented a series of deep processing projects of Ginkgo biloba. In 2002, the company was recognized as a high-tech enterprise by the Science and Technology Department of Shandong Province, and established long-term and stable cooperative relations with Tsinghua University, China Agricultural University, Shandong University of Traditional Chinese Medicine, Nanjing Forestry University, Shandong Institute of Traditional Chinese Medicine, Shandong Academy of Medical Sciences, Zhejiang University of Technology, China Academy of Sciences and other institutions and scientific research institutions, focusing on the company's development, researching new technologies, building new projects and developing new products. Academician Yu Dequan of China Academy of Engineering and other well-known domestic experts and scholars are invited to participate in the company's project research, product development and technical guidance all the year round. Seven national, provincial and municipal spark plans, key research plans, promotion plans and patent development plans have been implemented successively, and new scientific and technological achievements 12 have been made, including two high-tech achievements and six national invention patents. Ginkgo flavone biotransformation project has reached the domestic leading international advanced level, and the technical and economic value of the project has reached 220 million yuan, which was included in the national torch plan in 2005. In the second half of 2004, the company successively applied for provincial and municipal key science and technology projects, national small and medium-sized enterprise science and technology innovation fund projects, provincial small and medium-sized enterprise science and technology special support fund projects and agricultural industrialization projects of the National Development and Reform Commission and the Ministry of Agriculture.