Core Viewpoint - Jiangtian Technology Co., Ltd. has successfully listed on the Beijing Stock Exchange, with significant initial trading performance, indicating strong market interest and potential for growth in the label printing industry. Company Overview - Jiangtian Technology specializes in the research, production, and sales of label printing products, offering integrated solutions including material selection, color and ink customization, and process design [1]. - The company's main products include film and paper-based self-adhesive labels, widely used in daily consumer sectors such as beverages, personal care, food, and petrochemical products [1]. Shareholding Structure - The controlling shareholder is Teng Qi, who holds 39,984,321 shares (60.52% ownership), while Huang Yanguo holds 4,667,657 shares (7.06% ownership) [2][3]. - Together, Teng Qi and Huang Yanguo control 70.96% of the voting rights post-issuance, maintaining significant influence over company management [3]. Financial Performance - For the years 2022 to 2024, Jiangtian Technology reported revenues of 384.13 million yuan, 507.71 million yuan, and 538.15 million yuan, respectively, with net profits of 74.45 million yuan, 96.46 million yuan, and 101.81 million yuan [6]. - In the first nine months of 2025, the company achieved a revenue of 467.56 million yuan, a year-on-year increase of 10.85%, and a net profit of 89.11 million yuan, up 11.45% [9]. Future Projections - For the full year of 2025, Jiangtian Technology expects revenues between 604 million yuan and 624 million yuan, representing a growth of 12.24% to 15.95% year-on-year [10]. - The projected net profit for the same period is estimated to be between 106 million yuan and 115 million yuan, indicating a growth of 4.11% to 12.95% [10]. Fundraising and Investment Plans - Jiangtian Technology raised approximately 28.03 million yuan from its IPO, with net proceeds of 24.79 million yuan after expenses, which is lower than the initial plan of 53.07 million yuan [4]. - The funds will be allocated to the construction of a comprehensive research and manufacturing base, including an intelligent production line for packaging printing products and a technology research center [6].

天眼查App显示，近日，河源市亿承印刷有限公司成立，注册资本10万人民币，经营范围为许可项目： 包装装潢印刷品印刷；文件、资料等其他印刷品印刷；印刷品装订服务。（依法须经批准的项目，经相 关部门批准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：摄影 扩印服务；平面设计。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，方讯印刷服务（深圳）有限公司成立，法定代表人为林小明，注册资本5万人 民币，经营范围为一般经营项目是：图文设计制作；平面设计；翻译服务；办公服务。（除依法须经批 准的项目外，凭营业执照依法自主开展经营活动），许可经营项目是：文件、资料等其他印刷品印刷； 印刷品装订服务；包装装潢印刷品印刷。（依法须经批准的项目，经相关部门批准后方可开展经营活 动，具体经营项目以相关部门批准文件或许可证件为准）。 ...

天眼查App显示，近日，河源市浚博印务有限公司成立，注册资本1万人民币，经营范围为许可项目： 包装装潢印刷品印刷；建设工程设计；建设工程施工。（依法须经批准的项目，经相关部门批准后方可 开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：广告发布；广告制作； 广告设计、代理；数字广告制作；平面设计；数字内容制作服务（不含出版发行）；办公设备耗材销 售；办公设备销售；3D打印基础材料销售；交通及公共管理用标牌销售；新型金属功能材料销售；金 属材料销售；有色金属合金销售；工艺美术品及礼仪用品销售（象牙及其制品除外）；互联网销售（除 销售需要许可的商品）；工艺美术品及礼仪用品制造（象牙及其制品除外）；喷涂加工；涂料制造（不 含危险化学品）；交通及公共管理用金属标牌制造；办公设备耗材制造；纸和纸板容器制造；纸制品制 造。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - Jiangxi Shuanghua Printing Co., Ltd. has been established with a registered capital of 200,000 RMB, indicating a new player in the printing and manufacturing industry [1] Company Overview - The legal representative of Jiangxi Shuanghua Printing Co., Ltd. is Zeng Yunhua [1] - The company is engaged in various printing activities, specifically for documents and other printed materials, subject to necessary approvals [1] Business Scope - The company’s business scope includes: - Manufacturing and sales of plastic products [1] - Manufacturing and sales of rubber products [1] - Manufacturing and wholesale of hardware products [1] - Manufacturing and sales of electronic components and devices [1] - Manufacturing and sales of batteries [1] - Manufacturing and sales of power distribution and control equipment [1] - Sales of smart power distribution and control equipment [1]

Core Viewpoint - The company is acquiring the remaining minority stake in PIJEN (NO. 22) PTY LTD for 3.1 million AUD, reflecting a slight increase in valuation compared to the previous round of investment, indicating confidence in the target company's growth and market potential [2][3][5]. Valuation of the Target Company - The valuation of the target company is based on historical financing valuations, operational performance, and market potential, with a focus on the comprehensive business chain of the target company [1]. - The current transaction values the target company at approximately 5.88 million AUD, with a 3.09% increase from the previous valuation of 5.71 million AUD [3][5]. Financial Performance of the Target Company - The target company has shown significant growth, with revenue increasing by 114,236.65%, total assets growing by 317.17%, and net profit improving from a loss of 1.3 million AUD to a profit of 5.41 million AUD [4][5]. - The company will fully consolidate the target's profits post-acquisition, enhancing its overall financial performance [5]. Payment Structure - The payment for the acquisition will be made in three installments, with the first payment of 1.86 million AUD due by January 31, 2026 [6][9]. - The company has sufficient cash reserves to cover the initial payment and is exploring financing options to ensure the acquisition is funded without impacting operational cash flow [6]. Land Ownership and Rights - The target company holds approximately 421.7 hectares of land, with a commitment to retain at least 29 hectares for operational purposes post-acquisition [7][8]. - The land's market value is recorded at 70,000 AUD, and the ownership will be confirmed during the transaction without additional costs [7][8]. Guarantees Related to the Transaction - The transaction includes guarantees from the target company and its operational assets, covering the second and third payment phases, totaling 1.24 million AUD [9][10]. - The company will seek shareholder approval for the guarantees as part of the transaction process [10].

Core Viewpoint - Jiangxi Xinlong Color Printing Co., Ltd. has been established with a registered capital of 50,000 RMB, indicating a new player in the printing industry [1] Company Summary - The legal representative of Jiangxi Xinlong Color Printing Co., Ltd. is Fan Ping [1] - The company’s business scope includes licensed projects such as printing of packaging and decorative printing products, publication printing, and wholesale and retail of publications [1] - General projects include advertising production, publication design and agency, graphic design, conference and exhibition services, corporate image planning, and manufacturing of metal signs for traffic and public management [1] Industry Summary - The establishment of Jiangxi Xinlong Color Printing Co., Ltd. reflects ongoing activity and potential growth in the printing and advertising sectors [1] - The company is positioned to engage in various printing services, which may contribute to the competitive landscape of the industry [1]

Core Viewpoint - Yangdong Mulins Printing Co., Ltd. has been established in Yangjiang City with a registered capital of 50,000 RMB, focusing on various printing and manufacturing activities [1] Company Summary - The company is engaged in licensed activities including the printing of packaging and decorative printing products, as well as other printed materials such as documents and data [1] - General activities include the manufacturing and sales of paper products, hardware products, metal tools, and plastic products, along with packaging services [1] Industry Summary - The establishment of new printing companies like Yangdong Mulins indicates ongoing growth and diversification within the printing and manufacturing sector in China [1]

Core Viewpoint - Jiyou Co., Ltd. plans to reduce its holdings by up to 10.48 million shares (2% of total share capital) through centralized bidding, as part of its 2024 share repurchase plans, which have previously yielded significant profits [1][2][4]. Group 1: Share Repurchase and Reduction - The company announced a share reduction plan from October 20, 2025, to April 19, 2026, to fulfill the purposes outlined in the repurchase report, with proceeds aimed at supplementing working capital [2][5]. - Jiyou Co., Ltd. executed two repurchase plans in 2024, acquiring a total of 6.04% of its shares, with the first plan resulting in the repurchase of 18.6 million shares at an average price of 5.41 CNY per share, and the second plan repurchasing 13.09 million shares at an average price of 3.83 CNY per share [2][3]. Group 2: Financial Performance and Market Impact - The company achieved a floating profit of approximately 2.2 billion CNY from its repurchased shares, with the first repurchase yielding a floating profit of 117% and the second 207% [4][5]. - Despite the strong performance of its stock, Jiyou Co., Ltd. faced operational challenges, reporting a net loss of 72.45 million CNY in 2024, marking its first loss since its listing in 2017 [4][5]. - In the first half of 2025, the company reported a revenue decline of 63.38% year-on-year, with a net loss of 138.71 million CNY, attributed to decreased revenue from cigarette packaging and a reduction in the scope of consolidation due to the disposal of a subsidiary [5].

Group 1 - Guangzhou Yijin Printing Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Ou Yongfa [1] - The business scope includes sales of paper products, new film materials, packaging materials, and various office supplies [1] Group 2 - The company also offers services such as professional cleaning, disinfection, and IT consulting [1] - It engages in digital content production, graphic design, and advertising services [1] - The company is involved in the retail and leasing of office equipment and supplies [1]