Recently, the signing and cornerstone laying ceremony of Qingdao Runhao Stevia Hi-tech Co., Ltd, which is invested by GLG Life Tech Corporation, was held in Qingdao Export Processing Zone. The total investment of Qingdao Runhao Stevia Hi-tech Co., Ltd is USD220m, with planed land use of 3,000 mu and building area of 466,000 square meters, and it plans to reach a production capacity of 10,000 tons of stevioside in 5-7 years, with annual export value of USD4b, of which the total investment in Phrase Ⅰ is USD44m, with planed land use of 370 mu and annual processing capacity of 2000 tons of stevioside, and it plans to put into production in December of this year. More than 95% products are sold to markets in the US, the Middle East and Japan, mainly to Cargill Group. It will become the world's largest industrial park for high-end products of stevioside after the completion of project.