Fufeng Group Limited provided Consolidated earnings guidance for the year ended December 31, 2016. For the year, the company expected to record a significant increase of over 80% in its consolidated profit attributable to the Shareholders of the company for the year ended 31 December 2016 as compared to that for the year ended 31 December 2015. MSG industry consolidation gradually affected the improvement in business environment coupled with prices of corn kernel decreased during the year which led to decrease in production costs and increase in the gross profit margin of its key products; Increase in production capacity for products such as MSG, threonine and high-end amino acid; and The Group also managed to undertake technological upgrade for its production processes which contributed to improvement in production efficiency and cost structure.