Jia Mei Food Packaging is set to resume trading following a share acquisition by Zhuyue Hongzhi, aiming to enhance operational efficiency and market competitiveness through technological advancements.

Target Company Overview

Jia Mei Food Packaging (Chuzhou) Co., Ltd. (stock abbreviation: Jia Mei Packaging, stock code: 002969) announced the completion of a trading suspension verification process. Following an official application to the Shenzhen Stock Exchange, the company has confirmed that its stock will resume trading on January 12. Additionally, the Jia Mei convertible bonds (bond code: 127042) will also resume trading and conversion on the same date. The suspension was initiated due to significant fluctuations in stock price, which rose 230.48% from December 17, 2025, to January 6, 2026. The company expressed that this surge was not in alignment with its fundamental performance, prompting the need for this verification process.

Furthermore, Jia Mei Packaging disclosed recent developments regarding its ownership restructuring. On December 16, 2025, the controlling shareholder, China Food Packaging Co., Ltd. (hereinafter “Zhongbao Hongkong”), entered into a share transfer agreement with Suzhou Zhuyue Hongzhi Technology Development Partnership (Limited Partnership) (hereinafter “Zhuyue Hongzhi”). Through this agreement, Zhuyue Hongzhi aims to obtain control of Jia Mei Packaging by acquiring 279 million unrestricted circulating shares from Zhongbao Hongkong, which also entails relinquishing all voting rights post-completion.

Industry Overview

The packaging industry in China is a crucial sector due to its vast scale and rapid growth, reflecting the nation's increasing consumption and production capabilities. The industry is experiencing a technological transformation, focus