Central China plans to set up a holding subsidiary

2022-08-09
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Well known printing enterprises layout central China plans to set up a holding subsidiary in Hunan

release date: Source: goubei China good packaging

Guangdong Xingyi Digital Printing Co., Ltd. recently announced that in order to further enhance market competitiveness, It is planned to invest in ebaltakunststoff in Hunan. At the pseeurope2017 event in Munich, it showed how German reprap liquid additive manufacturing (LAM) system can print 3D materials into a vertical holding subsidiary. It is reported that Guangdong Xingyi is one of the few private enterprises to realize digital printing in China. Its main business is the printing and packaging manufacturing supporting services of paper products, and it has many well-known customers

it plans to invest and set up a holding subsidiary in Hunan

the announcement shows that the company plans to jointly invest with natural persons Xu Jiayu and Xu Zixiang to establish Hunan Xingyi Digital Printing Co., Ltd., which is registered in Changsha County Economic Development Zone, Changsha City, Hunan Province, with a registered capital of 20million, of which the company invested 10.2 million, accounting for 51.00% of the registered capital. At present, the new device in Taixing has been commissioned

the three parties jointly funded the establishment of Hunan Xingyi Digital Printing Co., Ltd. (proposed name), which is mainly to provide one-stop services for surrounding enterprises in the design, manufacturing and logistics of color printing packaging. It should be noted that as of the date of the announcement, the subsidiary still needs to go through the registration procedures with the local administrative department for Industry and commerce

Guangdong Xingyi said that the purpose of this foreign investment and establishment of a holding subsidiary in Hunan is to strengthen value-added services for customers, make better use of customer resources, and provide one-stop packaging supporting services, which is in line with the company's development strategy and business development needs, is conducive to further enhance market competitiveness, profit growth points and comprehensive competitiveness, and is of positive significance to the company's long-term development

private enterprises that realize digital printing

it is understood that Guangdong Xingyi is one of the few private enterprises that realize digital printing in China. It has formed its own unique core competitiveness in the field of digital printing color control and digital process control, and has the comprehensive supporting ability from the design to manufacture of paper inner and outer packaging series products such as high-end color boxes and color boxes

after years of business development, Guangdong Xingyi has accumulated a great social reputation in the paper packaging and printing industry in the Pearl River Delta region, and gradually formed a supporting service for paper packaging materials for medium and large-scale industrial customer groups in the Pearl River Delta, Yangtze River Delta and Beijing Tianjin Hebei region, with Jiangmen City, Guangdong Province as the center

at present, Guangdong Xingyi has many high-quality customers at home and abroad, including Guangdong jiashili Food Group Co., Ltd., Asia Pacific Senbo (Guangdong) Paper Co., Ltd. and Guangdong Midea environmental Appliance Manufacturing Co., Ltd., with a revenue of 242 million in 2019

On September 2, Xingyi printing (872416) recently released its 2020 semi annual report. As of June 30, 2020, the company achieved an operating income of 99269428.04 in the first half of 2020, a year-on-year decrease of 8.81%; The net profit attributable to the shareholders of the listed company was 1416375.84, a year-on-year decrease of 70.48%

as of June 30, 2020, the total assets of the company at the end of the reporting period were 261762857.49, an increase of 7.36% over the end of the previous year; The net assets attributable to the shareholders of the listed company were 70474809.12, an increase of 2.05% over the end of the previous year

during the reporting period, policies were formulated to improve the combustion grade of thermal insulation materials, and the net profit fell by 78.61%, mainly due to the gradual growth into a leader in the segmented industry, which was caused by the operating losses of the newly established Shandong subsidiary in the second half of 2019 in the current period; And in the first half of 2020, due to the impact of the COVID-19, the scale of operating income decreased

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