Qinghai Lake Pharmaceutical Co ., Ltd . was founded in 1987. It is a profes - sional licorice product manufacturer certified by the State Food and Drug Adminis - tration GMP and the European Food and Drug Administration CEP . Qinghai Beili Licorice Technology Development Co ., Ltd . was established in April 2017 and is a holding subsidiary of Qinghai Lake Pharmaceutical . Specializing in the extraction and separation of active ingredients of licorice , research and development , the main daily chemicals , daily chemical raw materials , licorice food additives , licorice flavors and fragrances . The company currently has 4 factories in Xinjiang , Afghanistan , and Uzbekistan . In 2014, the company established China ' s only professional licorice research institute based on the platform of the Chinese Academy of Sciences in Qin - gdao in 2014. While improving the company ' s product craftsmanship and quality , the center also continued to introduce new research and development products . At present , the company has more than 100 types of licorice products , of which 16 have been declared for national patents . In 2016, with the strong support of the Ministry of Industry and Information Technology of the People ' s Republic of China and the Qinghai Provincial Government , the company planted more than 30,000 mu of licorice in Qinghai and Xinjiang . While protecting the company ' s licorice resources , it also achieved a good development trend of taking from nature and returning to nature .