Shanghai Sunglow Packaging Technology (603499.SH): Additional investment in Jintaike involves new business areas and expected benefits with uncertainty.
Xianggang Technology (603499.SH) released a risk alert announcement stating that the company's main business is daily chemicals, food, tobacco...
Shanghai Sunglow Packaging Technology (603499.SH) issued a risk warning announcement, stating that the company's main business is to provide comprehensive packaging and printing services for enterprises in the fields of daily chemicals, food, tobacco, etc. As of now, the company and its subsidiaries are carrying out normal production and operation activities, and there have been no significant changes in the internal and external operating environment, with normal production and operation order.
The additional investment in Jintaike involves new business areas, and the profitability of Jintaike may be affected by various factors, resulting in uncertainty in the expected return on investment for the company. This matter still needs to be submitted for review at the company's fourth interim shareholders' meeting in 2024. The company reminds investors to pay attention to investment risks.
Related Articles

US Stock Market Move | Buda Juice (BUDA.US) enters the US stock market and the opening stock price rises.

US Stock Market Move | HUYA, Inc. Sponsored ADR Class A (HUYA.US) surged more than 20%. The mobile game "Goose Duck Kill" under its umbrella went live for public testing and gained over 5 million new registered users in just 24 hours.

US Stock Market Move | The concept of cryptocurrency mining is gaining momentum. Applied Digital (APLD.US) surged 12% after its performance announcement.
US Stock Market Move | Buda Juice (BUDA.US) enters the US stock market and the opening stock price rises.

US Stock Market Move | HUYA, Inc. Sponsored ADR Class A (HUYA.US) surged more than 20%. The mobile game "Goose Duck Kill" under its umbrella went live for public testing and gained over 5 million new registered users in just 24 hours.

US Stock Market Move | The concept of cryptocurrency mining is gaining momentum. Applied Digital (APLD.US) surged 12% after its performance announcement.

RECOMMEND

Bank Of America Sees Three Drivers Supporting Chinese Consumer Stocks: Low Base, Deep Undervaluation, And Convertible‑Like Defensive Traits
07/01/2026

Cross‑Border E‑Commerce In 2025: Tariffs, Trade Wars, And Shifting Away From The United States
07/01/2026

Asian Stock Markets Record The Strongest Annual Start Ever As Shanghai Composite Hits Multi‑Year High And Sets Longest Winning Streak; Japan And Korea Rally
07/01/2026


