Best Inc's Business Segments

We were incorporated in Nevada in November 2003, but since July 2007, have been headquartered in Hainan, China. Through our operating subsidiaries, Hainan Shiner, Shiny-Day, Hainan Modern, Zhuhai Modern, Shimmer Sun, and Ningbo we manufacture and sell packaging and anti-counterfeit plastic film to manufacturers and producers in China. We sell anti-counterfeit film, coated film, and color printing, in international markets through a network of distributors and converters.

Our primary business consists of the manufacture and distribution of technology driven advanced packaging film products in five business segments: bi-axially oriented polypropylene, or BOPP, film for wrapping tobacco; water-based latex; coated film; color printed packaging; and advanced film. Our products are sold to customers in the food, tobacco, chemical, medical and pharmaceutical, personal care, electronics, automotive, construction, graphics, music and video publishing industries. Our current production capacity consists of: five coated film lines with a capacity of 15,000 tons a year; two BOPP tobacco film production lines with a capacity of 13,500 tons a year; one BOPP film production line with a capacity of 7,000 tons a year; three color printing lines; four anti-counterfeit film lines with a capacity of 2,500 tons a year; and two water-based latex reaction kettles with a capacity of 3,000 tons a year.

We manufacture and distribute advanced packaging film products in China. China’s packaging industry has grown steadily since the mid-1980s with one of the highest growth rates in the international packaging market. Domestic consumption has always been considered by the Chinese government as one of the key drivers for national economic growth. Over the past several years, the Chinese government has released a number of industry policies and measures to encourage domestic consumption that would benefit the packaging industry. In July 2008, the Ministry of Finance of China established a fund to support the development of new and innovative products and technologies for the packaging industry, focusing on environmental protection, energy efficiency and renewable applications.

With the mild recovery of the global economy, and growing consumer confidence in the Chinese domestic markets, we are cautiously optimistic that consumption of our products will continue to grow. We are experiencing an increase of inquiries from food manufacturers on how to comply with the Food Safety Law that went into effect in 2009. This renewed interest from manufacturers affects our entire breadth of products and we are confident this will lead to an overall improvement in our business. We believe we are well positioned to be the prime beneficiary of increased domestic consumption, a growing world economy, and increased market penetration as the full impact of the Food Safety Law requirements are realized.

We believe there are several positive trends that will continue to accelerate our growth, consumer demand for packaged goods, which offer convenience, quality, aesthetics and lifestyle branding will grow as Chinese consumers find themselves with increasing disposable income and as more purchases are made in supermarkets and away from wet markets and small independent food stores. We are well positioned to take advantage of these trends by providing retail foods and consumer goods manufacturers with beautiful printed flexible packaging.

Rapid Economic Growth and Rising Disposable Income. The growth of the flexible packaging industry is highly correlated with economic growth as the demand for packaging products is driven by improving demographic trends, including living standards and urbanization, as well as expanding industrial output. According to China National Bureau of Statistics, China is one of the fastest growing economies, its GDP having grown rapidly with a compound annual growth rate of 16.0% in the past five years. Per capita disposable income of urban households had a compound annual growth rate of 11.8% over the past ten years and per capita disposable income of rural households had a compound annual growth rate of 9.6% during the same period. China’s economy is expected to continue to grow in the next few years with an average GDP growth forecast of 8.4% from 2009 to 2014 by the World Bank.

Best Inc Overview

Best Inc. specializes in producing customized, high-quality, and competitively priced flexible packaging solutions tailored to meet the diverse needs of manufacturers across various industries. Our product offerings are integral to preserving the quality, integrity, and safety of a myriad of items, including perishable foods, pharmaceuticals, cosmetics, and other consumer goods. The packaging we manufacture provides essential protection against tampering and contamination, ensuring that the products maintain their texture, flavor, and overall integrity throughout their shelf life.

Segments and Products

1. Industries Served

- Food and Beverage:
Our packaging solutions cater to a wide range of food producers, including:
- Baked Goods: Specialized films that protect pastries and breads, ensuring freshness and preventing moisture loss.
- Beverages: Custom packaging solutions for liquid products, designed to preserve flavor and prevent contamination.
- Candy and Confections: Packaging that maintains the texture and flavor integrity of candies and chocolates.
- Dairy Products: Films engineered to protect against spoilage and ensure freshness.
- Fruits, Vegetables, and Nuts: Packaging that maintains product quality while extending shelf life.

- Consumer Goods:
Our versatile packaging solutions also serve the following sectors:
- Pharmaceuticals: Tamper-evident and moisture-resistant packaging for tablets, capsules, and liquid medicines, ensuring safety and compliance with health regulations.
- Tobacco: Specialized tobacco films designed for product freshness and aesthetic appeal.
- Cosmetics: Packaging that preserves fragrance and protects the integrity of beauty products.
- Compact Discs: Protective films that safeguard media against scratches and degradation.

2. Types of Packaging Materials

- Flexible Packaging Material:
Best Inc. primarily utilizes Biaxially-Oriented Polypropylene (BOPP) as the foundational material for our films. We offer various enhancements and specialty products developed from this base film:

- BOPP Films: Known for their stiffness, durability, clear optics, and high tensile strength. They are lightweight, non-toxic, and provide excellent moisture and gas barriers.

- Coated Films: These include variations where the BOPP film is coated with a variety of substances to enhance properties. Our coated films offer superior moisture and oxygen barriers, flavor retention, and printability.

- Advanced Films: These specialty films are produced using proprietary technology, which incorporates multi-dimensional insignias that enhance brand visibility and deter counterfeiting. Our advanced films are particularly popular in high-end cigarette and DVD packaging.

- Specialty Base Films: Based on customer needs, we also provide:
- Biaxially-Oriented Polyethylene Terephthalate (BoPET): Known for high strength and gas barrier properties.
- Biaxially-Oriented Polyamide (BOPA): Renowned for its puncture resistance and barrier properties against oils and chemicals.

3. Printing Services

In addition to our packaging solutions, Best Inc. offers comprehensive printing services that include:

- Surface and Reverse Printing: These printing techniques are used to add branding and product information to packaging materials. Our printing capabilities cater primarily to consumer goods manufacturers and the beverage sector.

- Compliance with Standards: We prioritize safety and environmental responsibility, using alcohol-soluble, benzene-free inks that meet international safety standards.

Conclusion

Best Inc. stands as a leader in the flexible packaging industry by offering a comprehensive range of customized solutions designed to meet the specific demands of our diverse clientele. Our focus on quality, innovation, and customer satisfaction ensures that we provide packaging that not only meets but exceeds industry standards, thereby contributing to the success of our customers products in the marketplace.