The second one was organization. The two companies are similar in many respects, but they were also very different — and the main difference was organization. WestRock was going very much into a centralization direction, with lots of responsibilities taking away from the operations — whether it's HR, finance, legal, commercial, you name it. And even production, in some cases, had people in the plants that became an administrator of the assets, if you will. The Smurfit Kappa angle was always to try and make ...

Group 1 - The core stock price of Zhongrong Co., Ltd. is reported at 17.05 yuan as of July 31, 2025, reflecting a decrease of 1.04% from the previous trading day [1] - The trading volume on the same day was 14,365 hands, with a transaction amount reaching 0.25 billion yuan [1] - Zhongrong Co., Ltd. specializes in the packaging materials sector, focusing on the research, production, and sales of paper packaging products, which are widely used in food, electronics, and pharmaceuticals [1] Group 2 - The company is listed on the Growth Enterprise Market and is also involved in related businesses such as e-cigarettes and Xiaomi concepts [1] - On July 31, 2025, the net outflow of main funds for Zhongrong Co., Ltd. was 1.8523 million yuan [1] - The current total market capitalization of the company is 3.293 billion yuan, with a circulating market value of 1.91 billion yuan [1]