- Business
- Muliang Viagoo Technology, Inc. (MULG) develops, manufactures, and sells organic and bio-organic fertilizers for the agricultural industry in China; processes crop straw such as corn, rice, wheat, and cotton into nutrient-rich organic fertilizers using patented low-pressure, medium-temperature acid hydrolysis technology; and distributes agricultural products. The company offers seven main product lines including soil improvement and preparation fertilizers, root protection fertilizers, foliar nutrition fertilizers, lower pesticide residue fertilizers, fruit special fertilizers, fruit tree fertilizers, and corn and peanuts fertilizers, sold under the Zongbao, Fukang, and Muliang brands. It operates an integrated production facility in Weihai City, Shandong Province, with distribution through professional markets, sales representatives, third-party agents, and distributors primarily serving customers in Guangdong, Jilin, and Shandong provinces. Founded in 2014 and headquartered at 2498 Wanfeng Highway, Lane 181, Fengjing Town, Jinshan District, Shanghai, China, the company focuses on the fertilizers and agricultural chemicals segment, targeting farmers and agricultural businesses seeking environmentally friendly alternatives to chemical products that reduce air and water pollution while enhancing soil fertility. Recent strategic initiatives include technological upgrades to existing organic straw fertilizer production lines for powdered fertilizers and increased capacity using advanced automatic controls; construction of a deep-processing slaughterhouse and plant in Chuxiong City, Yunnan Province, with capacity for 200,000 black goats annually, slated for completion and revenue generation starting mid-2024; a strategic cooperation agreement with Suihua City, Heilongjiang Province, to produce 1 million tons of organic fertilizer over 10 years; sale of industrial land and a Shanghai production facility to repay debts and bolster liquidity; divestiture of Viagoo Pte Ltd. for $5.25 million to exit logistics and refocus on core fertilizer operations; and research into high-protein forage grass for livestock feed and plant protein powder products.