The Development Course of Guangdong Jinsheng Lushi Group Co., Ltd.

The company adheres to the strategy of "taking the printing and packaging industry as the leader, vigorously developing the paper industry, increasing investment in real estate and public utilities, forming a diversified and benign development pattern, and enabling the Group to achieve stable, rapid and sustainable development". The company has successively established Guangdong Jinsheng Packaging Co., Ltd., Jinsheng Packaging (Chongqing) Co., Ltd., Jinsheng Packaging (Nanchang) Co., Ltd. and Guangdong Jinsheng Color Printing Packaging Co., Ltd., and further integrated and reorganized the existing three paper mills to establish Guangdong Jinsheng Paper Co., Ltd., giving full play to the technological transformation potential and installing a new high-strength corrugated paper production line with advanced technology, so that the capacity after technological transformation can reach 80,000 tons and the annual total capacity can reach1.

In terms of real estate development, Jinsheng Group, China Sports Industry Group Co., Ltd. and Foshan Yin Hui Property Development Co., Ltd. jointly established Foshan Olympic Garden Real Estate Co., Ltd., and a large noble building in Foshan Olympic Garden was built in the center of Foshan, and the project has started to operate. This indicates that Jinsheng Group has taken a new step in real estate development.

The company has increased its investment in public utilities. They respectively obtained the franchise rights of urban operation projects "Lease right of bazaar and cattle market in Sanshui District" and "Sanshui Central City Sewage Treatment Plant Project (Phase II)" issued by Sanshui District Government. This indicates that Jinsheng Group has taken a new step towards the development of social public utilities.

The company implements the development goal of "integration becomes stronger, development becomes bigger, and innovation becomes better", and establishes Jinsheng Packaging (Chongqing) Co., Ltd. and Jinsheng Packaging (Nanchang) Co., Ltd. in Chongqing and Nanchang respectively, and strives to build Jinsheng Group into one of the largest and strongest color printing packaging enterprises in China.