Kingswood to Focus on Developing Its Eco-Friendly Offset Printing Ink Business
China Printing Network [Font size:
(300192)
launched its IPO subscription today; the company plans to issue
ten thousand shares, accounting for
25.17%
of the total share capital after the issue. The company focuses on the R&D of modified polymer materials and vegetable oils, and applies these to the production and sale of offset printing inks.
According to the information, Kingswood's raised funds will be used for the following projects: investing
billion yuan to build a project with an annual output of
ten thousand tonnes of environmentally friendly offset ink, and investing
ten thousand yuan in a technology center capability enhancement project.
Kingswood's operating revenue was
and its net profit attributable to owners of the parent company was
Kingswood is one of the leading enterprises in China's environmentally friendly offset ink industry. Its
inks are a famous trademark of Jiangsu Province and a famous-brand product of Suzhou City. The company has developed a large number of environmentally friendly products, including
NON-VOC
products and highly degradable products, and the products have obtained a number of green product certifications, including the national green environmentally friendly ink certification, certification from a Swiss third-party testing organization
certification, EU
pre-registration, among others. Kingswood, in
became the undertaking enterprise of the National Torch Program key project
highly degradable offset ink
. The company's products have been sold to
many countries and regions, including the United States, the United Kingdom, Germany and other major ink-manufacturing countries in the world.
——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-370029.html
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