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Morning light, attracting a new generation of young people.
Shanghai, January 6, 2025 /PR Newswire/ -- If you were to choose a pen at a stationery store, which brand would you most likely buy? Whether it's the past you or most of the current student body, you would probably choose M&G. Not only because of its excellent cost-performance ratio, but also because the brand conveys sophistication and warmth through its products and marketing. The brand awareness in the stationery category is inherently weak, and the market structure is quite fragmented. According to statistics from the China Pen Association, 90% of stationery brands have sales below 10 million.
Shanghai M&G Stationery Inc. (603899.SH): has repurchased a total of 3.45 million shares.
Gelonghui, January 2丨Shanghai M&G Stationery Inc. (603899.SH) announced that as of the end of December 2024, the company had cumulatively repurchased 3.45 million shares, accounting for 0.37% of the company's total share capital, with the highest purchase price at 33.31 yuan/share and the lowest price at 25.29 yuan/share, totaling funds paid amounting to 101.0686 million yuan (excluding transaction fees).
The only one in the stationery Industry, Morning Glory makes an appearance at the 2024 Fortune ESG Summit.
Shanghai, December 19, 2024 /PR Newswire/ -- On December 18, the 2024 Fortune ESG Summit, themed "Value Reconstruction: Strategy and Practice," was grandly held in Fuzhou. Over 40 industry leaders, scholars, investors, regulatory officials, and representatives from rating and consulting Institutions gathered here with the aim of making ESG a new engine for value creation through cutting-edge strategy analysis and excellent case sharing. Morning Glory, as the sole representative brand of the stationery Industry, made an appearance at the event, and Chen Zidan, Chief Sustainability Officer of Morning Glory, was invited to attend "Consumer Awakening: Responsible Production and Consumption".
Shanghai M&G Stationery Inc. (603899.SH): providing consumers with a variety of stationery and cultural creative products.
GLEEI December 2nd | Shanghai M&G Stationery Inc. (603899.SH) stated on the interactive platform that the company focuses on consumers and provides a variety of stationery and cultural and creative products for consumers through a combination of internal independent incubation and external IP cooperation.
China Galaxy Downgrades Shanghai M&G Stationery to Hold From Add; Price Target Is 30.90 Yuan
shanghai m&g stationery inc. (603899): steady income growth, slightly under pressure from profit levels
Event: shanghai m&g stationery inc. released the third quarter report for 2024. For Q1-Q3 24, the company achieved revenue of 17.114 billion yuan, a year-on-year increase of 7.91%; net income attributable to shareholders was 1.022 billion yuan, a year-on-year decrease of 6.63%; excluding non-recurring items.
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