Announcement • May 07
Shanghai Sunglow Packaging Technology Co.,Ltd, Annual General Meeting, May 28, 2026 Shanghai Sunglow Packaging Technology Co.,Ltd, Annual General Meeting, May 28, 2026, at 14:00 China Standard Time. Location: 2F, Towe A, No. 666, Kangqiao Road, Pudong New Area, Shanghai China Announcement • Apr 24
Nanning Hemingqi Semiconductor Partnership Enterprise (Limited Partnership) agreed to acquire 13.19% stake in Shenzhen Kimtigo Semiconductor Co., Ltd. from Shanghai Sunglow Packaging Technology Co.,Ltd (SHSE:603499) for approximately CNY 280 million. Nanning Hemingqi Semiconductor Partnership Enterprise (Limited Partnership) agreed to acquire 13.19% stake in Shenzhen Kimtigo Semiconductor Co., Ltd. from Shanghai Sunglow Packaging Technology Co.,Ltd (SHSE:603499) for approximately CNY 280 million on April 21, 2026. Upon completion of this transaction, the Company will no longer hold any equity interest in Shenzhen Kimtigo Semiconductor Co., Ltd. Nanning Hemingqi Semiconductor Partnership Enterprise (Limited Partnership) will pay Shanghai Sunglow Packaging Technology Co., Ltd. 30% of the equity transfer price within fifteen working days after all precedent conditions are fulfilled, and the remaining 70% within sixty working days after all precedent conditions are fulfilled, for the acquisition of Shenzhen Kimtigo Semiconductor Co., Ltd. As of April 23, 2026, Shanghai Sunglow Packaging Technology Co.,Ltd has received CNY 82.8 million representing 30% of the total equity transfer payment from Nanning Hemingqi Semiconductor Partnership Enterprise (Limited Partnership).
For the period ending October 31, 2025, Shenzhen Kimtigo Semiconductor Co., Ltd. reported total revenue of CNY 3.23 billion and net income of CNY 196.51 million. As of October 31, 2025, Shenzhen Kimtigo Semiconductor Co., Ltd. reported total assets of CNY 3.05 billion and total common equity of CNY 179.08 million.
The transaction received approval from the board of Shanghai Sunglow Packaging Technology Co.,Ltd. This transaction does not require submission to the shareholders’ meeting for approval. Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: CN¥0.38 (vs CN¥0.22 in FY 2024) Full year 2025 results: EPS: CN¥0.38 (up from CN¥0.22 in FY 2024). Revenue: CN¥1.03b (up 17% from FY 2024). Net income: CN¥116.3m (up 78% from FY 2024). Profit margin: 11% (up from 7.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. 
