The hottest international Jifeng packaging group i

2022-08-11
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International Jifeng packaging group is expected to be listed on the 21st of this month

on December 5, according to the information disclosed by the Hong Kong stock exchange, China's seventh largest corrugated packaging supplier - International Jifeng packaging group has passed the listing hearing on the main board of the Hong Kong stock exchange, and the exclusive sponsor is Puyin international

for the three years ended December 31, 2017 and the six months ended June 30, 2017 and 2018, the total operating revenue of Jifeng packaging was about 1.075 billion, 1.187 billion, 1.664 billion, 713 million and 906 million yuan respectively, and the net profit was about 30.2 million, 53.1 million, 85.9 million, 53.4 million and 43.2 million yuan respectively

Jifeng packaging will be offered from December 10 to December 13, 2018. The company will issue 75.158 million shares, including 67.642 million international shares and 7.516 million Hong Kong public shares. The issue price ranges from HK $3.98 to HK $4.76, with 1000 shares per hand for trading. It is expected to be listed on December 21

international Jifeng packaging is a corrugated paper packaging supplier in China, with more than 20 years of experience. Mainly engaged in manufacturing and selling corrugated packaging products in China, including corrugated boxes, paper pallets, display shelves, heavy-duty packaging and special packaging products, and corrugated cardboard. According to B0 - outer dimension of carton width (CM); Frost Sullivan, for the year ended December 31, 2017, Jifeng packaging was the seventh largest corrugated paper packaging supplier in China in terms of revenue from the automation industry that focuses on production. The corrugated packaging industry in China is highly fragmented. Although the group ranks seventh among corrugated packaging companies in China, according to frost Sullivan, the group's market share in China in terms of operating revenue was about 0.65% as of December 31, 2017. The corrugated paper packaging industry is affected by the macroeconomic environment cycle. Microcomputer controlled electronic universal testing machine is your better choice. According to frost Sullivan, it is expected that the price growth rate of corrugated cardboard and corrugated boxes in China will remain stable after 2019

the Group operates 11 factories located in North China, Northeast China, East China and South China, all equipped with corrugated board production lines, which can produce corrugated board and corrugated paper packaging products. The total construction area of 11 factories is about 228000 square meters. In the three years ended December 31, 2017, the maximum production capacity was 472million square meters, 555million square meters and 573million square meters respectively. As of June 30, 2018, the maximum annual production capacity was about 615.6 million square meters. In addition to the new factories in Huizhou, Guangdong Province and Taicang, Jiangsu Province, which began commercial production in the second quarter and the fourth quarter of 2018 respectively, the group plans to set up two factories in eastern and southern China that can appropriately contain some LDPE and LLDPE

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