Qingdao Pengyuan Natural Pigment Research Institute was founded in 1996. It is a high-tech enterprise that develops, produces, and markets natural pigments. The Research Institute has independent Import-export right registered in FDA of America in 2002 and passed ISO9001: 2000 quality system certification and kosher certification.

Currently, the institute has developed several purely natural food colorants, such as Cabbage Red Color, Purple Sweet Potato Red Color, Radish Red Color, Grape Skin Color, Perilla Color, Rosmarinic Acid, and so on. Annual production capacity reaches over 100 tons. Most products are mainly sold in Japan, Europe, US and other countries.