Packaging / Advertising & Office

On March 18, Enjie (002812.SZ) released its 2020 annual report. The company achieved revenue of 4.283 billion yuan, a year-on-year increase of 35.56%; net profit was 1.116 billion yuan, a year-on-year increase of 31.27%. In 2019, the net profit of Enjie shares was also as high as 845 million, and the company even took out 100 million to distribute dividends to shareholders.

According to public information on the Internet, Yunnan Enjie New Materials Co., Ltd. was established on April 5, 2006, located at No. 125 Fuxian Road, High-tech Zone, Yuxi City, Yunnan Province. The group has 4 wholly-owned subsidiaries: Yunnan Hongta Plastic Co., Ltd. (Hereinafter referred to as "Hongta Plastics"), Yunnan Dexin Paper Co., Ltd., Innovative New Materials (Hong Kong) Co., Ltd., Yunnan Hongchuang Packaging Co., Ltd., and a holding subsidiary Shanghai Enjie New Material Technology Co., Ltd. (hereinafter referred to as "Shanghai Enjie"). Hongta Plastics has 1 wholly-owned subsidiary Hongta Plastics (Chengdu) Co., Ltd., Shanghai Enjie has 4 wholly-owned subsidiaries: Zhuhai Enjie New Material Technology Co., Ltd., Wuxi Enjie New Material Technology Co., Ltd., Jiangxi Enjie New Material Technology Co., Ltd. The total assets of the group amounted to 13.3 billion yuan.

Li Xiaoming, the founder of Enjie shares, is a returnee entrepreneur. He started from scratch and expanded the company into a listed company earning one billion a year in just a few years. It is a miracle.

Li Xiaoming was born in 1958. He has studied abroad before and is 62 years old this year. Later, in 1982, Li Xiaoming joined the Yunnan Plastics Research Institute. In just two years, Li Xiaoming became the deputy director, which shows that his personal ability is very strong.

Li Xiaoming first founded a company called Hongta Plastics, which mainly produced plastic film packaging for cigarettes. Don't underestimate this business. With several successful mergers and acquisitions, Li Xiaoming led Hongta Plastics to achieve an annual revenue of over 100 million yuan.

The main customers of Enjie's cigarette label products are Yunnan China Tobacco Materials, Sichuan China Tobacco and Chongqing China Tobacco. Products are widely used in "Marble", "Yuxi", "Hongtashan", "Red River", "Yunyan", "Red Golden Dragon", "Ziyun", "Longfeng Chengxiang" and other well-known domestic cigarette brands.

Since then, Enjie expanded its business scope to the field of aseptic packaging. Customers include China Huiyuan Juice Group Co., Ltd., Guangxi Huangshi Jiatianxia Food Co., Ltd., Guangzhou Dongpeng Food and Beverage Co., Ltd., Xiamen Huierkang Food Co., Ltd., Zhongshan Rikang Food and Beverage Co., Ltd., Dali Food Group Co., Ltd., Heilongjiang Wandashan Linhai Liquid Milk Co., Ltd. and other well-known enterprises.

In 2006, Li Xiaoming acquired a color printing company and then renamed the company Chuangxin shares. The company's revenue rose from 100 million to about 1 billion.

In 2010, Li Xiaoming, his younger brother and others co-founded Shanghai Enjie Co., Ltd., engaged in the research and development and production of key components of lithium batteries, and the majority shareholder is Li Xiaoming. The main customers of lithium battery isolation membranes include LG Chem, Ltd., Samsung Group, and well-known Japanese manufacturers. Domestic customers include Ningde Times New Energy Technology Co., Ltd., Wanxiang A123 System Co., Ltd., Hefei Guoxuan High-tech Power Energy Co., Ltd., BYD Co., Ltd., Funeng (Ganzhou) Co., Ltd., Tianjin Lishen Battery Co., Ltd., Lixin (Jiangsu) Energy Technology Co., Ltd., Shanghai Deloneng Power Battery Co., Ltd. and other new energy industry leaders.

In 2018, Li Xiaoming successfully integrated Shanghai Enjie Co., Ltd. to form Enjie shares and successfully listed. Because Enjie has stepped on the new energy market, the company's market value has skyrocketed in the past two years, from more than 10 billion to 40 billion today. Li Xiaoming's net worth has also risen from 5.5 billion to 29 billion.

Enjie is currently the world’s largest producer of lithium battery films. At present, Enjie has a 31% market share in China. They have also become customers of large companies such as Samsung and Samsung internationally. In the past two years, the net profit of Enjie shares is close to 2 billion.

At present, the market value of Enjie shares is as high as 169.2 billion, leaving Yutong, Jinjia, Hexing and other listed companies behind. After the outbreak last year, Li Xiaoming donated 3 million yuan in one fell swoop.