Guangdong Decro Film New Materials Co., Ltd. (001378.SZ) manufactures and sells advanced biaxially oriented films and functional masterbatches for packaging and industrial applications; its core products include BOPP films such as adhesive-free films, matt films, label films, laser films, holographic films, co-extruded thermal films, wrap-around label films, superb clarity labeling films, printing films, laminating films, shrink films, heat sealable films and anti-fog films; BOPE films; and functional masterbatches encompassing matt masterbatch, pearlescent masterbatch, stiffening masterbatch and melt-blown polypropylene. Founded in 1999 and headquartered in Foshan, China, the company operates three manufacturing plants spanning over 250,000 square meters with seven advanced BOPP production lines, two functional coating lines, 14 twin-screw extruders for masterbatches and seven research laboratories; it serves domestic and international markets in flexible packaging, labeling, lamination, food packaging, anti-falsification, electronics protection and industrial processing through subsidiaries including Guangdong Decro Package Films Co., Ltd. Recent developments include the official commissioning and production startup of the Deguan ZTE Science and Technology Park New Construction Project, enhancing capacity for functional films like glue-free and label films; completion of installation and commissioning for two additional functional film production lines at the ZTE Science Park; a share repurchase program with cumulative repurchases of 880,900 shares representing 0.66% of total share capital; and an equity distribution of 2 yuan per share for the first three quarters of 2024 with registration on December 19, 2024. The company focuses on innovation in lightweight, energy-saving, recyclable and eco-friendly materials, including five light product families for down gauge applications, and maintains recognition as a high-tech enterprise, member of China Plastics Association BOPP Film Committee and holder of China Well-known Trademark status.