A summary of the collection

Jiyi is a package manufacturer that produces all its products at its own production base in Yichang, Hubei Province. According to the research and analysis of Ipsos, in 2015, sales statistics by package sales accounted for 16.0% of the largest market price in Hubei Province, with a history of more than 10 years of production of packaging products by Chinese packaging manufacturers.

The main products of the collection are transfer and replication, accounting for 83.9% and 14.8% of the revenue respectively in 2015. All the products of the collection are manufactured and produced according to the product specifications of the customer. The gross profit margin of transfer and replication depends on the type and quantity of raw materials required, technical requirements and other product specifications.

Industry summary

According to the research and analysis of Ipsos, the total sales value of volume packaging industry in Hubei Province increased from 1.90 billion yuan in 2010 to 1.99 billion yuan in 2015, with a compound annual growth rate of 0.9%, mainly due to the increase in volume production in China during the period. However, volume sales in Hubei Province are expected to decrease in 2016, and the total sales value of volume packaging industry may decline. However, the total sales value of the package manufacturing industry in Hubei Province is expected to increase again, from 1.95 billion yuan in 2016 to 1.99 billion yuan in 2020, with a combined annual growth rate of 0.5 percent.

Cymbals

China's regulations on supervision or industry that are constantly strengthened on packaging may have an adverse impact on the operation of collectors. For example, the "Design requirements for Volume Packaging" was issued by the State General Administration in 2014 to limit the cost of volume packaging in order to avoid excessive packaging. The volume package sales of the collection depend on China's concern for health. For example, in recent years, the Chinese government has examined public health, promulgated laws and regulatory measures related to the trade, or affected the sale of the industry.

Valuation

According to the IPO document, as of May 31, 2016, based on the calculation of more than 50000 shares expected to be issued after the completion of the sale of the shares, shares should account for 0.86 million yuan to 160 million yuan per person, equivalent to HK $0.20 to HK $0.25 per share. (at the exchange rate of HK $1.00 to RMB 0.86).