An important Chinese professional manufacturer of food addictive
and pharmaceutical intermediate has strong willing to look for
an advanced bio-technology. Their basic requirement is a competitive
technology with reasonable price for popular production in the
market and their current equipment must be used for the new technology.
Coway conducted lots of research and market investigation based
on the requirement; finally, we decided that the bio-fermentation
technology to produce Vitamine B2 was the best one for this
manufacturer. Then Coway asked for this technology to several
overseas partners, in the following month, we got feedbacks from our partners.
We reviewed all received technologies, and finally, selected
one technology from Germany. Then we arranged four face-to-face
meetings for technical communication and business negotiation
with the technology supplier and later the signing ceremony
for the technology transferring was held in Coway.