[News] Zhongxin Strategically Holding Dafeng, Aiming 10-billion Industrial Packaging Market
Release time:
Apr 03,2025
giant molded fiber food packaging supplier holds excellent pulp molding industrial package supplier
![[News] Zhongxin Strategically Holding Dafeng, Aiming 10-billion Industrial Packaging Market](/npublic/img/s.png "[News] Zhongxin Strategically Holding Dafeng, Aiming 10-billion Industrial Packaging Market")
In March 2025, Zhongxin (the giant molded fiber food packaging supplier with Stock Exchange No.: 603091.SH) held a 60% stake in Dafeng (an excellent pulp molding industrial package supplier in southern China), officially access to the field of pulp molding industrial packagings.
The merger and acquisition achieved three major synergies:
Technical Complementarity
Zhongxin's eco-material optimization and Dafeng's high-strength industrial package mold
Customer Resource Sharing
Catering giants and e-medical customers were interconnected
Production capacity policy linkage
Making full use of Guangdong-Hong Kong-Macao Greater Bay Area location advantage
The pulp molding industrial packaging market is exploding:
As the prospect, the global scale will exceed $18 billion in 2028, with China accounting for 40% of the output capacity.
Policy-driven (EU plastic ban, China's Dual-Carbon Goal) and cost advantages (30%-40% lower than traditional solutions) have boosted the penetration rate of pulp molding packages.
Zhongxin's initiative is expected to open the second growth curve in high value-added fields such as 3C electronics and medical care.
With more and more capatils coming into this field, molded fiber tableware and pulp molding protective packages industries are deemed to gaining more and more strength.
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Minjie Eco-Machinery Technology Co., Ltd.
Factory
Tangxia Town, Pengjiang District, Jiangmen City, Guangdong, China
Operation Center
Lihe Science Park, Shishan Town, Nanhai District, Foshan City, Guangdong, China