China New Borun Corporation is a producer and distributor of corn-based edible alcohol in China. Its products are primarily sold as an ingredient to producers of Baijiu, a grain-based alcoholic beverage, clear in color, generally made from corn, wheat or barley. Baijiu is sold throughout China in retail stores, bars, banquet halls, restaurants and other locations where alcoholic beverages are typically consumed. The Company also produces dried distillers grains with solubles feed and corn germ as by-products of edible alcohol production and is also involved in the process of constructing facilities to produce liquid carbon dioxide from waste carbon dioxide produced during the alcohol production process. China New Borun Corporation is based Shouguang, the People's Republic of China.