Shanghai Shunho New Materials Technology Co.,Ltd. Approves Appointment of Executives; Approves Dividend for the First Half 2018
July 26, 2018 at 11:33 am EDT
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Shanghai Shunho New Materials Technology Co.,Ltd. approved appointment of Guo Zhu, Wang Zhenglin, Liu Shenggui, and Yang Kai as non-independent director, and Xu Jianxin, Wang Xue, Xie Hongbing, Zhang Bin as independent director in EGM held on July 25, 2018.
The company approved proposed cash dividend (tax included) of CNY 2.000 per ten shares for the first half of 2018.
Shanghai Shunho New Materials Technology Co.,Ltd., formerly Shanghai Luxin Packing Materials Science & Technology Co., Ltd., is a China-based company principally engaged in the research, development, manufacture, processing and distribution of packaging products. The Company's main products include vacuum metalized papers, polypropylene fibers for cigarettes, as well as white cardboards and laminated papers. The Company is also involved in the provision of printing materials, hologram papers as well as optical anti-counterfeiting films, among others. The Company's products are applied in the packing of tobaccos, food, beverages, sports goods, liquors and others. In addition, the Company also engages in the research, manufacture and distribution of natural biological fertilizer and organic feed, as well as the development of network technology, among others. The Company distributes its products within domestic market and to overseas markets.