On May 15, according to the record of investor relations activities released by Bai Xinglong, regarding the product delivery plan for creative design transformation that investors are concerned about, Bai Xinglong said that he will increase the proportion of self-produced creative packaging products and accelerate fundraising. Investment projects are promoted.
In December 2022, Baixinglong, a creative packaging company for alcoholic beverages, was listed on the Beijing Stock Exchange. The funds raised will be used for the construction project of Huizhou Baixinglong Packaging Co., Ltd.'s creative packaging intelligent manufacturing production and construction project, creative design and technology research and development center. The data shows that although creative design clothing is one of Bai Xinglong's main business segments, its proportion of revenue is not high, and it has dropped from 10.16% in 2020 to 6% in the first half of 2022.
How creative design transforms product delivery has become an issue of concern to investors. Bai Xinglong replied that it will further increase the proportion of self-produced creative packaging products to speed up the raising of funds for investment projects Huizhou Baixinglong Packaging Co., Ltd. creative packaging intelligent manufacturing production The construction progress of the construction project will promote the orderly construction and commissioning of the three factories in Shanxi, Jiangsu and Hebei, and further expand regional business; at the same time, it will adopt the introduction of lean production system to continuously improve the management level of production; establish a resource management and control center to continuously optimize and control costs, etc. move.
Bai Xinglong is mainly engaged in the research and development, production and sales of consumer goods packaging such as alcohol, cosmetics, tea, and food, and provides creative design services. Among them, the creative packaging business of alcohol accounts for about 70% of the total revenue. The core customers include Niulanshan Wine Factory, Chengde Qianlong Zui (Bancheng Shaoguo), etc.
Bai Xinglong said that in 2023, on the basis of continuing to strengthen the packaging of wine and international cosmetics, it will actively expand domestic cosmetics, tea, food, native products, foreign wine, luxury goods and other businesses.
