吉宏股份登陆港交所，成为印刷包装板块首家 “A+H”上市企业

Core Viewpoint - Jihong Co., Ltd. successfully listed on the Hong Kong Stock Exchange on May 27, 2025, becoming the first "A+H" listed company in the printing and packaging industry, with its stock price opening at HKD 11 per share and experiencing intraday gains exceeding 60% [2] Group 1: Company Overview - Jihong Co., Ltd. was established in 2003 and has expanded its business from packaging to cross-border social e-commerce, forming a dual-driven development model [2] - The company aims to use the funds raised from its Hong Kong listing for overseas market expansion, brand portfolio enhancement, and development of existing proprietary brands [2] - Jihong Co. has been listed on the Shenzhen Stock Exchange since 2016 and provides one-stop paper packaging products and services for fast-moving consumer goods (FMCG) companies [2] Group 2: Financial Performance - In 2024, Jihong Co. reported revenue of approximately CNY 5.529 billion, a year-on-year decline of 17.41%, and a net profit attributable to shareholders of approximately CNY 182 million, down 47.28% year-on-year [3] - The decline in performance was attributed to factors such as overall economic conditions, frequent exchange rate fluctuations, reduced consumer confidence, and increased market competition [3] Group 3: Business Strategy and Market Position - In the cross-border social e-commerce sector, Jihong Co. utilizes AI algorithms to analyze overseas markets, create user profiles, and conduct targeted advertising on platforms like Meta, TikTok, and Google [5] - The company has a reputation for capitalizing on market trends, having engaged with various hot topics such as blockchain, masks, and the metaverse, earning the nickname "trend-surfing expert" [5] - Jihong Co. plans to advance its global strategy by expanding overseas operations and establishing packaging production bases, aiming to provide innovative and sustainable products and services [7]