Shenzhen Everbest Machinery Industry Co., Ltd. (002980.SZ) manufactures and sells packaging machinery and equipment for the tobacco, food, beverage, and pharmaceutical industries. The company offers a comprehensive range of products including cigarette packaging machines, carton packaging lines, overwrapping machines, labeling machines, case packers, and palletizers; it also provides customized automation solutions, maintenance services, and spare parts under brands such as Everbest and CEM Instruments. Founded in 1990 and headquartered in Shenzhen, China, the company operates primarily in Asia with export markets in Europe, the Americas, and Africa, serving major multinational tobacco firms and consumer goods producers as its core customer base. In recent developments, the company expanded its production capacity through a new facility in 2024 to meet rising demand for high-speed flexible packaging lines; it formed a strategic partnership with a leading European automation firm in early 2025 for advanced robotics integration in tobacco machinery. Additionally, Shenzhen Everbest completed a RMB 500 million funding round in late 2024 to support R&D in sustainable packaging technologies and announced the launch of its AI-enabled quality inspection systems for beverage lines in November 2025.