Origen: Integration Synergies with COFCO Packaging Have Initially Emerged, Overseas Production Capacity Relocation Is Progressing as Planned
According to a news agency report, on September 23, an investor**AorijinQuestion to the Secretary: Is the company currently undergoing integration? What progress has been made in the migration of production capacity overseas? Since the country has been promoting the reduction of internal competition, the prices of certain industries such as steel and aluminum have rebounded significantly. Shouldn't the metal packaging industry also reflect a reduction in internal competition in its gross margin? Have we seen any substantial push in our price increase expectations? Will the weak consumption economy pose a resistance to price increases? What is the current capacity utilization rate of the company? In recent years, how have we invested overseas, expanded production lines, and made acquisitions?COFCO PackagingHas there been any consideration of measures to improve performance since actions like expanding market share have not yet boosted profits? Can market value management be done well? To this end,OrigenOn September 25, it was answered on the investor interaction platform that the company andChina Foods PackagingThe integration synergy has initially become evident, and the overseas capacity transfer is progressing as planned. Currently, the company's capacity utilization rate remains at a high level. We are enhancing operational performance through meticulous cost control, accelerating overseas market expansion, and optimizing product structure. We are committed to delivering stable growth to reward the trust of our investors.
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