- Business
- Shanghai Shunho New Materials Technology Co., Ltd. (002565.SZ) develops, manufactures, and sells specialty environmentally friendly packaging materials and related products primarily in China with international operations. Founded in 2004 and headquartered at No. 200 Zhenchen Road, Putuo District, Shanghai, the company operates across four key segments including environmentally friendly packaging materials such as vacuum aluminized paper, laser anti-counterfeiting paper, and other specialty papers for consumer goods packaging; printed materials encompassing trademark papers, labeling papers, gift wrapping papers, gift boxes, and handbags; industrial hemp processing featuring extraction, derivatives, and functional organic fertilizers along with soil remediation services; and new tobacco products comprising electronic cigarettes and non-combustible alternatives. Shunho maintains nearly 30 subsidiaries in regions including the United States, Cambodia, Hong Kong, Guangdong, Fujian, Hubei, Anhui, and Zhejiang, serving markets in North America, South America, Europe, Southeast Asia, and beyond. Recent developments include a 2025 share repurchase program of 50-100 million yuan for employee incentives, plans to pursue a Hong Kong listing announced in August 2025, and an August 2025 partnership with Haleon for sustainable packaging upgrades on Fenbid capsules; earlier strategic moves encompass the acquisition of a Cambodian cigarette manufacturer and establishment of Yunnan Luxin Biological Pharmaceutical for hemp expansion.