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  • C&D Inc., LIFT the value.

    Xiamen C&D Inc. Stock Code: 600153.SH

    C&D Inc. Has Reached Comprehensive Strategic Cooperation with YUTO Tech to Further Promote the Integration and Optimization of Supply Chain, Reduce Cost and Increase Efficiency

    Date: 2021-11-24 | Source:C&D Inc.


    On November 24, Xiamen C&D Inc. (600153.SH) and Shenzhen YUTO Packaging Technology Co., Ltd. (002831.SZ) signed a strategic cooperation agreement in Shenzhen. The two sides will jointly promote the integration and optimization of supply chain, packaging business expansion, industrial chain strategic investment and the development and implementation of new business model projects. 

    At the signing ceremony, Zheng Yongda, secretary of the CPC Committee and chairman of Xiamen C&D Inc., said: "YUTO Tech is a leader in China's fine packaging market, providing high-end packaging solutions for many high-quality brands at home and abroad.  C&D Inc. is very willing to carry out in-depth and extensive cooperation with YUTO Tech. Relying on C&D's professional experience and service advantages in pulp and paper supply chain circulation and YUTO's deep understanding of terminal packaging requirements, I believe that both parties can fully share and integrate resource advantages to achieve collaborative development and common growth."  

    Wang Huajun, Chairman of YUTO Tech, said, "C&D Inc. is a comprehensive supply chain service provider of C&D Corp., one of Fortune Global 500 and has the largest paper and paper products sales and service network in China.  Through this strong cooperation with C&D Inc., YUTO can achieve business expansion, cost reduction and efficiency increase with more effective asset structure by virtue of C&D's layout and scale advantage in the upstream of the industrial chain, and promote both parties to better serve the end consumer market and achieve a win-win situation."  

    The partnership was supported by strategic advice from SCOZ Advisors, a boutique global forest pulp and paper consultancy.  Wang Jiajun, global partner of SCOZ, said, "We are pleased to see that C&D Inc. and YUTO Tech have reached this comprehensive strategic cooperation. SCOZ will provide strategic and investment advisory services in future project implementation and contribute to the high-quality development of both businesses."  

    About YUTO Tech:

    Shenzhen YUTO Packaging Technology Co., Ltd. (002831.SZ) is a leading domestic high-end brand packaging overall solution provider, serving dozens of Fortune Global 500 customers and hundreds of high-end brands, providing professional and competitive packaging products, solutions and services for customers in consumer electronics, big health, tobacco and alcohol, cosmetics, food and other industries, and is committed to continuously enhancing brand value for customers.  

    About C&D Inc. : 

    Xiamen C&D Inc. (600153.SH) is a modern service enterprise mainly engaged in supply chain operation and real estate development. Since its establishment in 1992, its wholly-owned subsidiary Xiamen C&D Paper & Pulp Co. Ltd. has developed into a professional forest pulp and paper supply chain operator in China. The company specializes in paper, pulp, wood chips, household paper and other forest products business, providing global customers with ordering, transportation, insurance, storage, financing and other "one-stop" integrated supply chain services.  

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