- CEO
- Xiao Wei Zhou
- Full Time Employees
- 1,015
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- No.172 Shangyuan Road Dongguan GD China 523650
- IPO Date
- Sep 21, 2020
- Business
- Guangdong Tengen Industrial Group Co., Ltd. (003003.SZ) manufactures and sells packaging consumables and logistics equipment for express delivery, e-commerce, postal services, finance, telecommunications, catering, and supermarket chains; its core products include poly mailers, cardboard envelopes, bubble mailers, security bags, label stickers, packing list envelopes, barcode waybills, electronic labels, plastic packaging, buffer packaging, packaging tapes, security seals, stretch film, adhesive bags, document seals, sealing glue, cashier paper, and copy paper, with a focus on degradable, recyclable, lightweight, and green packaging solutions such as paper-replacing-plastic purely degradable series. Founded in 2010 and headquartered in Dongguan, Guangdong province, China, the company operates manufacturing bases in Dongguan, Zhejiang, and Hubei, alongside a nationwide marketing network through its industrial internet platform Tengen Zhiyin, and serves major clients including China Post, Yunda Express, FedEx, UPS, JD.com, Suning.com, Shein, Deppon Logistics, and Alibaba's Cainiao. In recent developments, it established a holding subsidiary, Guangdong Tengen Printing and Packaging Industrial Park Co., Ltd., in June 2024 with a 51% stake to integrate upstream and downstream printing and packaging industry chains and enhance market competitiveness through property leasing and cluster effects; plans to form a joint venture in Cambodia via its Hong Kong subsidiary with Hongkong Vesta Holdings in October 2024 to expand overseas under the Belt and Road Initiative; and completed share repurchases totaling about 1.20% of shares by October 2024 while reporting net profit growth of 41%-91% for the first three quarters of 2024.