NGL(SZ:002836) Sou Hu Cai Jing·2026-01-15 09:32Core Viewpoint - The vice chairman of Xinhongze, Meng Xue, voluntarily announced to forgo a salary starting from January 2026 to focus on the company's strategic decisions and long-term development, reflecting confidence in the company's future [1][5][20]. Group 1: Company Overview - Xinhongze Packaging Co., Ltd. was founded in March 2006 and is located in Chaozhou, Guangdong Province, with a registered capital of 230.4 million RMB [10]. - The company specializes in printing various types of brand cigarette labels, gift boxes, and exquisite packaging products, integrating research, design, production, sales, and service [10]. - Meng Xue and Zhang Hongqing, the company's founders and actual controllers, hold over 60% of the company's shares through Yize Holdings [16]. Group 2: Financial Performance - In 2024, Meng Xue received a total pre-tax compensation of 1.07 million RMB from the company [5]. - The company's net profit showed significant volatility from 2021 to 2024, with figures of 11.18 million, 84.10 million, 19.47 million, and 62.50 million RMB, reflecting year-on-year changes of -65.21%, 652.41%, -76.85%, and 220.99% respectively [20]. - For the first three quarters of 2025, the company reported an operating income of 326 million RMB, a year-on-year increase of 23.44%, but a net profit of 40.26 million RMB, a decrease of 12.03% year-on-year [22]. Group 3: Market Performance - As of January 7, the stock price of Xinhongze closed at 15.99 RMB per share, down 4.19%, with a total market value of approximately 3.684 billion RMB [18]. - Over the past year, the company's stock price has increased by approximately 125% [18].