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.
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