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Foshan Huaxin Packaging Co., Ltd. (000986)
Huaxin Packaging Co., Ltd. is a subsidiary of China Chengtong, a subsidiary of China paper industry, located in the Pearl River Delta of Guangdong Province, which is economically developed. It was jointly founded by eight state-owned legal persons such as Foshan Huaxin Development Co., Ltd. on June 21, 1999. It is a large-scale packaging group enterprise with advanced management and remarkable economic benefits. The company's shares (yuehuabao B, 200986) were listed on Shenzhen Stock Exchange on July 6, 2000, becoming the first successful new B-share Listed in the millennium in China. The controlling shareholder of the company is Foshan Huaxin Development Co., Ltd. (hereinafter referred to as "HUAFA"), in june2005, China Chengtong Group and Foshan HUAFA signed an equity transfer agreement in the Great Hall of the people, which was controlled by China material development and Investment Corporation. The company has successively obtained "top ten enterprises in China Light Industry", "the first profit tax in the paper industry in China", "top ten high profit tax enterprises with foreign investment per capita" and entered the list of the top 500 enterprises in comprehensive evaluation of Chinese enterprises.
Huaxin Packaging is based on high-tech industry, including high-level coated white board and color packaging printing. The leading product of the company is the product encouraged by the state. The annual production capacity has reached 600000 tons. The production plant is located in Foshan and Zhuhai, with annual output ranking the top of domestic counterparts. The company focuses on the development of environmental protection and safety in color packaging printing. It has high-standard clean workshop and advanced technology, and is in the leading position in the industry.
Huaxin Packaging is in line with the national strategy, based on the domestic and international circulation, and contributes to the gradual formation of a new development pattern with domestic and international double cycles as the main body and the mutual promotion of domestic and international cycles, and helps the country to create an innovation driven whole industrial chain and an entire ecological circle, and plays a good role in the main force and national team.
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