Recently, the Beijing News reporter was exclusively informed that Baosteel Packaging was included in the business exception list because of “publicity of corporate information concealing the real situation and fraudulent practices”. The decision-making body is the Shanghai Administration for Industry and Commerce, which is November 8, 2018. .

Recently, this abnormal operation has been recorded in the national enterprise credit information system. As of now, Baosteel Packaging has not issued an announcement on this.

On November 22, the Beijing News reporter called Baosteel Packaging on this situation. On November 26, Baosteel's packaging responded to the Beijing News reporter's report that it has already communicated with the industry and commerce (department). It may be a small mistake, and it will be handled at the industrial and commercial side.

On November 27, Baosteel's packaging announcement stated that the company noticed that some media recently released and reprinted the report titled “Baosteel Packaging was listed in the business exception list by Shanghai Industrial and Commercial Bureau”. After being informed of the relevant situation, the company has carried out verification. The relevant matters are explained as follows:

1. The company's current production and operation are all normal.

2. The company has contacted the relevant industrial and commercial administrations in Shanghai. The reason for being listed is that according to the requirements of industry and commerce, the joint-stock enterprises only need to fill in the information of the promoters, and the company will follow the information disclosure requirements of the listed companies, except for the promoters. The information of other major shareholders after the listing has been reported, resulting in non-compliance with the requirements for reporting of industrial and commercial information.

3. The company is actively cooperating with the industrial and commercial department to process and update relevant information.

4. The above matters will not adversely affect the company's production and operation.

According to reports, Baosteel Packaging is a metal packaging enterprise specializing in the production of fast food products such as food and beverages. Its products include metal two-piece cans, cans and printed iron products for three food and beverage cans. It is the leader in the field of high-end metal packaging for fast-moving consumer goods in China. And one of the industry standard setters.

On October 30, Baosteel Packaging released the third quarterly report of 2018. The company realized operating income of 3.811 billion yuan from January to September 2018, a year-on-year increase of 9.6%; the net profit attributable to shareholders of listed companies was 28.6644 million yuan, a year-on-year loss.

Baosteel Packaging predicts that the accumulated net profit from the beginning of the year to the end of the next reporting period will likely reduce losses compared with the same period of the previous year. The main reason is that the product price has slightly improved, but due to the large fluctuations in raw material prices, the company faces uncertainties in its operations. More, there is a certain risk in the continued growth of future performance.

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