Xinhongze: It is planned to transfer 96.53% equity of Shenzhen Xinhongze for 169 million yuan

Shenzhen Xinhongze is a cigarette label supporting packaging printer, engaged in cigarette packaging printing, including high-tech and high value-added cigarette labels and high-end well-known consumer brand packaging, etc. It is committed to providing cigarette label supporting packaging for China Tobacco Group in various provinces and cities in China. Solutions for large-scale packaging and printing enterprises. Recently, it was acquired by Daze Wannian for 169 million yuan, with a post-investment valuation of 175 million yuan, accounting for 96.5254%.

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