Qinghai Blicsweet Licorice Technology Development Co.,Ltd was founded in April 2017. It is a holding subsidiary of Qinghai Lake Pharmaceutical Co.,Ltd. It specializes in the extraction and separation of active ingredients of licorice, research and development, the main daily chemical products, raw materials of daily chemical products, licorice food additives, licorice flavors and spices. Four technical licorice factories have been set up in Qinghai and Uzbekistan.