Recently, Kunshan Jiahe Paper Products Technology Co., LTD. (hereinafter referred to as: Jiahe Technology) successfully listed on the Beijing Stock Exchange, the paper packaging industry is a new listed enterprise.
 

Founded in 2001, Jiahe Technology has maintained stable growth in recent years. The main business is the research and development, design, production and sales of paper packaging and display products. The business chain covers packaging design, new product research and development, packaging process setting, packaging printing production, etc.

From 2019 to 2021, the revenue of the company was 304 million yuan, 383 million yuan and 390 million yuan respectively, and the corresponding net profit was 31,663,700 yuan, 44.182,700 yuan and 36.488,500 yuan respectively. Gross profit margin in the industry is a relatively high level, respectively 24.76%, 21.72%, 18.12%.

In terms of subsidiaries, Vietnam Lisang Packaging Co., LTD. 's performance is the most outstanding. In the January-June period of 2022, the company achieved a net profit of 11,23,600 yuan, a substantial year-on-year growth.
 

This time, Jiahe Technology plans to raise funds for paper products offset printing and flexo printing projects of Guangde Jialian Packaging Technology Co., LTD., as well as supplementary working capital.

Among them, Guangde Jialian Packaging Technology Co., Ltd. paper products offset printing, flexo printing project with a total investment of 300 million yuan, to raise 100 million yuan.

The project is located in Guangde City, Anhui Province, with a total construction area of 89,077.80 square meters, and an annual production capacity of 151 million square meters of paper products and 18,000 tons of paper and plastic after it is put into operation.

From May 30th to June 1st, the 18th Guangzhou International Paper Exhibition & Guangzhou International Paper For Plastic and Pulp Molding Exhibition will be held in Pazhou Poly World Trade Expo.