Company Overview - Xin Hongze Packaging Co., Ltd. was founded in March 2006 and is located in Chaozhou, Guangdong Province. The company has a registered capital of 230.4 million RMB and covers an area of 39,600 square meters. It specializes in various brand cigarette labels, gift boxes, and exquisite packaging printing products, operating as a high-tech enterprise integrating research, design, production, sales, and service [3]. Key Management Changes - On January 7, 2024, the company announced that Vice Chairman Meng Xue expressed confidence in the future business development and long-term prospects of the company. To support business growth, she voluntarily waived her salary, including basic annual salary and performance bonuses, effective from January 2026 onwards [1]. Shareholding Structure - As of the end of the third quarter of 2025, Meng Xue and Chairman Zhang Hongqing, who are married and both Canadian nationals, indirectly hold 61.28% of Xin Hongze's shares through the controlling shareholder Yize Holdings. This makes them the actual controllers of the company. Based on the closing market value of 3.684 billion RMB on January 7, their holdings are valued at over 2.2 billion RMB [3]. Financial Performance - For the first three quarters of 2025, Xin Hongze reported revenue of 326 million RMB, representing a year-on-year increase of 23.44%. However, the net profit attributable to shareholders decreased by 12.03% to 40 million RMB [3].
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