Zhuhai Zhongfu’s PET beverage bottles accounted for more than half of Coca-Cola’s and Pepsi Cola’s needs in the Chinese market. It is the largest supplier of PET bottles and PVC labels in Southeast Asia. In addition, as the pioneer of domestic PET beer bottles, the company already has advanced PET beer bottle manufacturing technology in China and even in the world.
Benefit from the completion of the Hong Kong-Zhuhai-Macao Bridge
The Hong Kong-Zhuhai-Macao Bridge project, which has attracted much attention, will begin construction in 2010 at the latest. Once the bridge is completed, Zhuhai will be transformed into a transportation hub between the cities of the western Pearl River Delta and the southwestern Guangxi Guilin, Yunnan, Chongqing, Sichuan, and Hong Kong. Zhuhai Zhongfu, with its current industry leading advantages, will undoubtedly benefit the most and is expected to become a model for Zhuhai's manufacturing industry!
Benefit from falling oil prices
The drop in oil prices will help improve Zhuhai Zhongfu’s profitability. The company’s main raw material, PET polyester chips, is affected by the fluctuation of upstream oil prices. Therefore, the fall in crude oil prices has not played a positive role in the company’s increase in gross profit margin in the third quarter. .
Benefited from the acquisition of Coca-Cola
Coca-Cola Company announced on September 3 that it will purchase Huiyuan Juice for HK$17.9 billion. After Coca-Cola acquires Huiyuan Juice, its output in the Chinese beverage market will increase significantly and will require more PET beverage bottles. Where does Coca-Cola go to open the factory? Zhuhai Zhongfu With regard to where to set up a factory, Zhuhai Zhongfu will benefit from Coca-Cola's acquisition of Huiyuan Juice and will obtain more orders. Benefit from the completion of the Hong Kong-Zhuhai-Macao Bridge
Combat CVC
The potential of Zhuhai Zhongfu was captured by foreign investors. Asia Bottle (Hong Kong) acquired 960,000 shares of Zhuhai Zhongfu from the China Rich Group for a total of 1.65 billion yuan, accounting for 29% of the equity. Asia Bottle is a subsidiary of CVC Asia Pacific Fund, and CVC Asia Pacific. The fund is one of the largest private equity funds in Asia, controlling funds of up to 15 billion Hong Kong dollars. The future of Zhuhai Zhongfu is promising.
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