1. Industry overview
Jinshi Technology is located in tobacco mark printing industry belongs to an important sub-industry for packaging and decoration printing. The tobacco mark printing industry mainly provides downstream cigarette industry customers with the R&D design, production and services of tobacco marks. As an important carrier for cigarette product positioning and brand promotion, tobacco standard products have the characteristics of stability, large batches, high precision, high anti-counterfeiting and strong environmental protection compared to other printing and packaging products. They have higher requirements in terms of printing equipment, design technology, environmental protection level, etc. Compared with other packaging and printing sub-categories, the entry threshold for the tobacco standard industry is higher. Cigarettes are a less substitutable consumer product and are not evident in cyclicality. The packaging and printing industry belongs to the perfect competition market , and there are no obvious regional restrictions on the development of the industry. However, due to the influence of the holiday consumption effect, the tobacco label printing industry has certain seasonal characteristics.
2. Enterprise analysis
Jinshi Technology's main business is the research and development, production and sales of packaging and printing products such as tobacco labels, and is committed to providing cigarette manufacturers with high-quality tobacco label products. The aforementioned is Jinshi Technology's current main business and the main source of Jinshi Technology's profits. In addition, Jinshi Technology actively cooperates with major China Tobacco to upgrade and redecorate the original cigarette products and participate in the research and development of new brands, actively participate in the bidding of major China Tobacco Jinshi Technology, and strive to become a new profit growth point.
Jinshi Technology's main products are high-tech and high-value-added cigarette marks and related laser packaging materials laser films and laser papers.
cigarette label is commonly known as "collect boxes". It is a trademark of tobacco products and a general term for identification packaging. It is used for cigarette packaging. It is an important carrier for cigarette brand building, cigarette culture dissemination and cigarette anti-counterfeiting. It is an important manifestation of cigarette quality.
For tobacco standard products, Jinshi Technology adopts a business model of order-based sales, mainly adopting direct sales methods. According to the relevant provisions of the "Regulations on the Procurement of Tobacco Materials", China Tobacco Jinshi Technology has gradually adopted the public bidding procurement method for most raw and auxiliary materials. In bidding documents, the bidder usually sets an upper limit on the bid price for each tobacco bid variety. After the bidding announcement of various China Tobacco Jinshi Technology was released, Jinshi Technology formulated a detailed bidding plan based on bidding needs, and submitted bidding prices within the limit range based on its own production cost control capabilities, produced bidding documents and participated in the bidding. All provinces Zhongyong Jinshi Technology will determine the winning company based on the comprehensive situation of the bidder and notify the winning bidder to final winning price. After winning the bid, Jinshi Technology signed a framework purchase and sales contract with Zhongyan Jinshi Technology at the winning bid price, clearly stating the product category and the rights and obligations of both parties. The contract term is usually 1-2 years. Tobacco marks are specific products, and each tobacco mark is only directly supplied to specific customers. The production time and production quantity are subject to the needs of customers and generally no product reserves are made. Jinshi Technology has collaborated and cooperated with multiple departments to provide integrated overall solutions based on the specific needs of customers. On the basis of maintaining existing customers, it continuously expands production capacity and improves high-value-added extension services, and actively expands high-quality new customers.
2021, Jinshi Technology continues to grasp the integration policies of the domestic tobacco industry, and specializes in serving large tobacco enterprise groups, and has a good competitive advantage in brand effect and technology research and development in the industry. With its many years of production and service experience in the tobacco label printing industry, Jinshi Technology has established and maintained a sustainable and stable cooperative relationship with Jinshi Technology, a tobacco industry nationwide.
Jinshi Technology has a complete and reliable quality control system , which can fully meet the requirements of China Tobacco Jinshi Technology customers for the quality stability of tobacco products. Since Jinshi Technology cooperated with various China Tobacco Jinshi Technology customers, there has never been any situation where the agreement is fulfilled due to quality issues, which fully reflects the high recognition of Jinshi Technology's quality control capabilities by China Tobacco Jinshi Technology customers.
3. Enterprise development strategy
Jinshi Technology's main business is in which the tobacco label printing industry itself does not have obvious cyclical characteristics, but as packaging auxiliary materials for cigarettes, the industry development of tobacco products is closely related to the development trend of the downstream tobacco industry. In recent years, the domestic tobacco industry has achieved significant results in implementing supply-side reform, and is stable and improving. Judging from the trends such as the stricter national environmental protection policies and the continuous increase in costs, the printing and packaging industry will show a development pattern of increasing industry concentration in the future. Some backward enterprises may be eliminated, and large-scale printing and packaging enterprises will occupy an advantageous position and usher in a good development opportunity.
1. Safety production and quality management
Jinshi Technology comprehensively improves the safety production and quality management assessment mechanism, adheres to the principle of "optimizing technology, focusing on technical transformation, reducing costs, and increasing efficiency", increases technological transformation, timely improves process technology, and comprehensively enhances product market competitiveness.
2. Environmental protection and governance work
Jinshi Technology advocates environmental protection and intelligent production. In 2022, Jinshi Technology strictly follows national environmental protection standards, standardizes and strengthens the management of hazardous waste and waste gas emissions, and strictly does a good job in hazardous waste collection, storage, ledger and transfer. Correctly use and maintain environmental protection management facilities, do a good job in equipment operation records, strengthen the management of sewage treatment stations and waste gas treatment facilities, and continue to maintain legal and compliant wastewater and waste gas emissions.
3. Human Resources Guarantee
Jinshi Technology will continue to increase the cultivation of outstanding managers and technical talents, strengthen exchanges and cooperation with professional colleges and universities, and form a talent training echelon to ensure the development of Jinshi Technology for talents. At the same time, Jinshi Technology will gradually improve the incentive mechanism and corporate culture construction, comprehensively enhance employees' recognition and sense of belonging to the company, and closely unite personal career growth and corporate development. Rationally allocate human resources, make unified deployment, and realize resource sharing; establish a salary system that is competitive externally, fair internally, and motivates employees.
4. Construction of financial guarantee system
Continue to improve various financial management systems, strengthen the management and control of all financial links, do a good job in various tax planning, and ensure stable operation. Strictly control all expense indicators, use of all funds, strictly implement them in accordance with the fund management system, ensure the safety of Jinshi Technology funds, improve the efficiency of fund use, and effectively reduce financial expenses.
5. Pay attention to capital operation
focuses on the long-term development plan of Jinshi Technology, based on shareholder interests and industrial development, build long-term growth momentum with capital operations, increase the efforts to give full play to the capital advantages of listed companies, widely explore market resources, raise funds for the rapid and sustainable development of Jinshi Technology, absorb external resources, and expand the scale of business.
