PR96317

YICHANG, China, June 5, 2022 /PRNewswire=KYODO JBN/ --

Angel Yeast (en.angelyeast.com) (SH600298), a listed global yeast and yeast

extract manufacturer, is glad to announce that the Company has been granted the

green electricity certificate issued and certified by China Hubei Power

Exchange Center and China Hubei Carbon Emissions Exchange at a signing ceremony

held in Hubei province, China. Angel Yeast is among the first 71 companies to

be given the certificate in the province, as part of China's national scheme

designed to drive the green transition and accelerate toward a circular economy.

At the event, the Company also inked an agreement to purchase 9,012 MWh of

electricity generated by solar and wind power, which accounts for 20 percent of

the electricity used by Angel Yeast's Yichang-based factory and allows it to

offset 6,447 tons of carbon dioxide.

"We are honored to be among the first batch of companies granted the green

electricity certificate, which is not only a testament to our long-standing

effort to implement green practices but also marks a significant progress

toward our net-zero emission target. As Angel continues to advance its green

pledge by sourcing more electricity needs from renewable resources, as well as

further ramping up investment into solar energy and biomass projects, and go a

long way to helping us build the blueprint for achieving renewable-powered

microbial proteins production," said Xiao Minghua, general manager of Angel

Yeast.

"Our commitment to reducing carbon footprint across Angel Yeast's business

operation and limiting the company's impact on the environment has also

prompted us to explore other options to minimize CO2 emissions, including

deploying a range of clean energy solutions to upgrade factory facilities, and

adjusting our energy structure. In addition to increasing renewable energy

procurement via green power purchase agreements, Angel Yeast has in recent

years been transitioning from its dependence on fossil-fuel energy sources to a

cleaner, more sustainable production mode by purchasing more biomass-produced

steam, installing rooftop solar panels, and recycling methane from wastewater,"

Xiao added.

A blueprint for renewable-powered microbial proteins production

Angel has been pioneering the technology to combine clean energy with microbial

protein production. The Company believes that renewable-produced microbial

proteins, which are the less land-intensive yet more environmentally friendly

and energy-saving solutions to help the world address food security issues,

will become a substitute for plant and animal protein.

About Angel Yeast

Founded in 1986, Angel Yeast Co., Ltd specializes in the production of yeast

and yeast derivatives. Its product range includes baker's yeast and

ingredients, Chinese dim sum and seasoning, savory yeast extract, human health,

animal nutrition, plant nutrition, distilled spirits and biofuels, Fermentation

Nutrients, and enzymes. At present, Angel Yeast has 12 international advanced

production bases in China, Egypt, and Russia, and provides products and

services for more than 160 countries and regions globally.

SOURCE: Angel Yeast

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   Caption: A blueprint for renewable-powered microbial proteins production