Business Development Push Intensified as COVID-19 Vaccine Packaging Box Orders Grow Sharply

Published:2021-07-14 · Industry News

On July 12, Shengtong Co., Ltd. (002599.SZ) disclosed its 2021 half-year performance forecast announcement, expecting net profit attributable to shareholders of the listed company in the first half of RMB 50–70 million, turning from loss to profit year on year. Basic earnings per share of RMB 0.09–0.13 per share.

In the first half, as demand recovered, all of the company's businesses performed well.

In book printing, with the implementation of lean management, operating efficiency improved and the degree of intelligence continued to rise; in the first half the company's main products — children's picture books, primary and secondary school textbooks and teaching aids, and Party and government books — all achieved good growth, driving rapid growth in performance.

In packaging, in the first half the Tianjin packaging capacity was put into operation, business development efforts were increased, and orders for COVID-19 vaccine packaging boxes grew significantly, driving growth in the packaging business.

In education, in recent years the state has steadily increased policy support for science and technology quality education; riding this policy tailwind, the company is firmly committed to becoming a leader in youth science and technology education. Adhering to the integrated operating philosophy of "opening up internally and penetrating externally," the company increased its integration of and investment in the education business in the first half.

In terms of organizational structure, the company strengthened staffing in its marketing, franchising and technology departments, enhancing the team's strength. In the franchising business, the company rapidly advanced to capture third- and fourth-tier markets, and the number of Lebo Lebo franchised stores increased by 70 in the first half, setting a record high. In online and OMO business, the company launched the Lebo Online business and upgraded the OMO 2.0 system, opening up new business growth points. The company's integration of the education business has achieved good results, and the degree of integration of the education business has further improved, laying the foundation for rapid growth in future performance.

——This article is reproduced from China Packaging Network (pack.cn), original link: http://news.pack.cn/show-377760.html

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