Jin Jia shares the day green outsourcing

Jin Jia Shares (002191) announcement, the company intends to cash 102 million yuan to increase its subordinate subsidiaries Huzhou Green Packaging Printing Co., Ltd. 24.05% Equity, PE for 7.87 times times, this increase is the acquisition of the green package of the continuation of the strategy, increase the strength of the stake will directly hold the outer green package 53.05% Equity,　　Become its absolute controlling shareholder.　　April 1 last year, Jin Jia shares the first acquisition of green Bag 29% Equity, successfully entered the Zhejiang cigarette label Market, the merger synergy effect is good, 2008 attributed to the parent company (Outer green package) owner of the net profit of 53.86 million yuan, an increase of 25%, more than the expected return on mergers and acquisitions. Jin Jia shares said that the Zhejiang Tobacco label Market is one of the key markets nationwide, 2008-year tax in the domestic 18 provincial-level smoke ranked 5th.　　and the outer green bag is China Tobacco Material Corporation National cigarette supporting material production base fixed-point enterprise, for Zhejiang Tobacco Industry Company's main supplier, 2008 cigarette business Income 407 million yuan, accounted for the main business income 92.3%.　　The company's management also said that will be based on cigarette label main industry to do strong and big, to the upstream laser packaging materials industries, and actively expand new packaging materials and well-known brands of consumer packaging market development strategy, through the extension of mergers and acquisitions to achieve leapfrog development. It is understood that last year, Jin Jia shares 29% stake in the acquisition of green bag, an increase in the subsidiary of Anhui Antai 49% stake, the acquisition of Toyota 60% Equity, the annual net profit of 224 million, year-on-year growth of 35.41%, through mergers and acquisitions already have a complete cigarette industry chain.