Business Description
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.
