Near the end of 2011, some printing and packaging enterprises adjust their investment strategies. As the end of 2011 is approaching, enterprises should not only consider the year-end settlement, but also consider the development of the next year. Under the extremely unstable situation of the overall international financial situation, some printing and packaging enterprises have recently made adjustments in project investment, cash flow supplement, capital increase, sales of 30.328 billion yuan and even enterprise name due to various considerations
it only needs to start for a few minutes.
phenomenon 1 change announcements occur frequently.
Fujian Hongbo Printing Co., Ltd. (hereinafter referred to as Hongbo) recently issued an announcement on changing the implementation subject and location of the packaging and printing construction project. The announcement said that the implementation subject of the packaging and printing construction project of the raised investment project was changed to Sichuan Hon Hai Printing Co., Ltd. (hereinafter referred to as Sichuan Hon Hai), a wholly-owned subsidiary of Chongqing Hon Hai Printing Co., Ltd. (hereinafter referred to as Chongqing Hon Hai), and the implementation location was changed from Chongqing, where Chongqing Hon Hai is located, to Luzhou, where Sichuan Hon Hai is located
the company said that the implementation site of the changed raised capital investment project is located in Luzhou liquor industry centralized development zone, Luzhou City, which has the first and largest Baijiu processing industry cluster in China. It carries out packaging materials development, design, packaging and procurement for the company. While becoming a professional supplier of packaging, printing and anti-counterfeiting technical services for Luzhou Laojiao liquor, it can strive for and undertake packaging and procurement for large domestic enterprises, To provide support for the development of white wine supply chain market. After entering the park, the installation and commissioning of static stiffness testing machine can shorten the logistics distance with customers, improve service efficiency and reduce logistics costs. Previously, Hongbo Co., Ltd. has changed the implementation site of the company's full-automatic smart label production line project to Fuzhou airport industrial concentration zone
Zhongshan Songde Packaging Machinery Co., Ltd. (hereinafter referred to as Songde Co., Ltd.), a leading manufacturer of printing and processing equipment in China, is a company that just registered on the gem at the beginning of this year. However, less than a year later, on November 1, the company issued an announcement to change its name and business scope. The company name was changed to Songde Machinery Co., Ltd., and its business scope was production, processing Sales: packaging machinery and materials, printing machinery; Photoelectric materials and equipment; Technical development and research of new energy materials and equipment; To operate the export business of self-produced products and technologies of the enterprise and the import and export business of mechanical equipment, spare parts, auxiliary materials and technologies required by the enterprise. The company said that this change is to better establish and promote the company's brand, and make the company's name and business scope more in line with the actual situation of the company's business and future development plans
an industry insider who declined to be named told China Publishing News: it is a noteworthy phenomenon that the raised investment projects of listed companies have been changed. Enterprises' project adjustment with market changes is conducive to the better development of enterprises from a certain point of viewOn November 22, Xiamen Annie Co., Ltd. announced that Hong Kong Annie, a wholly-owned subsidiary of the company, planned to acquire 100% of the equity of Shanghai Super label system Co., Ltd. (hereinafter referred to as Shanghai Super) at a price not exceeding 28million yuan. Annie shares said that the funds required for this equity acquisition were provided by the company with its own funds to increase the capital of Hong Kong Annie or provide financial assistance. It is understood that Shanghai Super is mainly engaged in self-adhesive label printing business. The net profit from January to October this year was -280000 yuan, and the net asset at the end of October was 19.49 million yuan. The announcement said that the label printing market has great room for expansion. The company can quickly carry out label printing business and expand the company's products and market by acquiring 100% equity of Shanghai super
Shanghai Lvxin packaging materials technology Co., Ltd., which was listed on January 17 this year, is a high-tech enterprise controlled by Hong Kong capital, specializing in the production of green packaging materials. On October 22, the company issued a capital increase announcement, saying that according to the actual operation and investment of its wholly-owned subsidiary Lvxin packaging Resources Holdings Co., Ltd. (hereinafter referred to as Lvxin Resources Holdings), the long-term business objectives, and comprehensive consideration of various factors, the company will use its own capital to increase capital to Lvxin resources holdings, with a capital increase amount of HK $70million. The company said that the capital increase was mainly to enhance the actual operating capacity of Lvxin resources holdings, better develop the market, further expand the company's profit channels and improve the profitability of the enterprise
Shantou Wanshun packaging materials Co., Ltd., whose main business is packaging materials, recently announced that its application for approval of asset restructuring was accepted by the CSRC. It is understood that the company plans to purchase 75% equity of Jiangsu Zhongji composite materials Co., Ltd. (hereinafter referred to as Jiangsu CIMC) and 75% equity of Jiangyin Zhongji Aluminum Industry Co., Ltd. held by Shanghai Asia Private Co., Ltd. for 750million yuan. Jiangsu Zhongji mainly produces nonferrous metal composite materials such as cigarette aluminum foil, flexible packaging aluminum foil, capacitor aluminum foil, etc. At present, the output of double zero aluminum foil ranks the second in China. It is expected that the company will complete all procedures of this acquisition in 2011
phenomenon 3 use of raised funds
the shortage of funds is a phenomenon this year. Banks are reluctant to lend, and financing is difficult. Some listed companies use the raised funds to temporarily supplement the working capital of enterprises in order to get orders, invest, purchase equipment, etc
Donggang Security Printing Co., Ltd. announced on November 22 that the company will temporarily use the idle raised capital of 100million yuan to supplement the working capital for a period of no more than 6 months. The specific period is from may19,2011 to november18,2011, and return it to the special account for raised capital at maturity
at the end of September, Beijing Shengtong Printing Co., Ltd. also issued an announcement to temporarily supplement the working capital with part of the raised capital. The company will temporarily supplement the working capital with the raised capital of 30million yuan, accounting for 9.9% of the net raised capital. The service life shall not exceed 6 months. The specific period shall be from September 29, 2011 to March 28, 2012. The company said that the company uses part of the raised funds to temporarily supplement the working capital, which is conducive to improving the use efficiency of the raised funds and reducing the financial expenses
while using the raised funds to temporarily supplement the enterprise's working capital, some enterprises have returned the raised funds. For example, Songde shares recently announced that the company used idle raised funds to temporarily supplement the working capital of 80million yuan from April 28 to October 27 this year, and on October 25, 2011, it has returned all the 80million yuan of temporarily supplemented working capital to the special account for raised funds
in addition, it uses non-contact technology to monitor the displacement of movable magnets. Tianjin evergreen printing equipment Co., Ltd., a leading enterprise in China's printing machinery industry, has just been listed on the gem this year. On November 9, the company announced that it plans to use the over raised funds of 184million yuan to purchase the land use right of the construction land of the evergreen printing industrial park. The company said that the land for this auction is mainly used to expand the scale of the digital printing equipment industry of evergreen Co., Ltd., provide necessary conditions for the company's long-term production and operation site, promote the company's long-term rapid development, lay a solid foundation for the company to further expand product application fields and expand market share, and achieve the company's long-term development strategic objectives