Congratulations：Morning Capital's Portfolio New Jufeng Landed on the GEM
On September 2, Shandong New Jufeng Technology Packaging Co., Ltd. (301296), the largest supplier of sterile packaging materials in China, officially landed on the GEM of Shenzhen Stock Exchange, with the stock abbreviation of "New Jufeng" and the stock code of "301296". The number of shares issued by the Company in this public offering is 63 million shares with the price of 18.19 yuan/share and PE ratio of 51.87. As of the closing of September 2, its share price has risen by 7%, and the latest market value is 8.177 billion yuan.
The fund under Morning Capital invested in New Jufeng for several years and finally welcomed the harvest. At present, the fund is the tenth largest shareholder of the company.
The main business of Xinjufeng is R&D, production and sales of aseptic packaging. The company is one of the few domestic enterprises capable of large-scale production of aseptic packaging. The company has been committed to the R&D and production of sterile packaging for a long time, and has made breakthroughs in materials, technology and production process. The market share of the company in sterile packaging has increased year by year, and the domestic market share now exceeds 10%.
After years of intensive cultivation, the company has accumulated rich research and development, production, manufacturing technology and experience in the sterile packaging industry, and has strong technical strength and market competitiveness. The company has advanced production and processing equipment, a factory configured and designed according to international standards, and a complete aseptic packaging production line for liquid food. It is a "member of the Council of the China Packaging Federation" and a "group member of the China Dairy Association".
New Jufeng said that in the next three years, the company will achieve technological upgrading and improve the competitiveness of its products by optimizing production technology and process. The company will continue to deeply layout the Chinese market, expand new customers and expand brand influence. The company plans to expand its existing capacity and improve its ability to meet customer needs. The company will develop the international market according to the future market situation and the world economic situation. In addition, the company will increase investment in product research and development, launch new products, meet new market demands, expand the company's market share in medium and high-end products, and promote the sustainable operation of the company.