Hose bibb typically star: cosmetics

Company is the largest domestic cosmetic plastic packaging, products in short supply. Shenzhen Beauty Star Co. , Ltd is the largest cosmetic plastic packaging enterprises, mainly engaged in high-end cosmetics plastic packaging production and sales and related mold research and development. Main products of the company into three types of hose, injection molding and blow molding, three kinds of products in 2007 accounted for the proportion of main business income of 61%, 15% and 24% respectively. Downstream of the company is mainly for the international cosmetics companies such as procter & gamble, unilever and domestic major cosmetics company. In recent years, the company a serious shortage of production capacity, to expand.
company industry development prospects. Cosmetic plastic packaging industry in China at present market size of 8. 2 billion yuan, and rapidly expanding at the rate of 18%. As consumer upgrades, cosmetics industry downstream of international industry transfer, and the ratio of the plastic packaging in the cosmetics packaging rise year by year, cosmetic plastic packaging industry are rising.
fund-raising project, after will promote the competitiveness of the company as a whole. Company the fund-raising project for the following four projects: guangzhou li surplus plastics Co. , Ltd. , high-end cosmetics packaging project, guangzhou li surplus plastic Co. , Ltd. , a new cosmetic filling project, Shanghai Beauty full plastic Co. , Ltd. , high-end cosmetic plastic packaging production line technological transformation projects and Shenzhen Beauty Star Co. , Ltd high-end cosmetics packaging hose technological upgrading projects. Four projects full of postpartum will increase business income is 387. 55 million yuan, net profit of 43. 25 million yuan. Fund-raising project will solve the present capacity bottlenecks in production, enhance the competitiveness of the company in the industry.
how to steadily improve gross profit margins are future problems need attention in the development of company. In recent years, the company gross margin steady at around 20%. Company is the main raw materials of all kinds of resin, hose products accounted for more than 30% of the cost of raw materials, injection molding products in raw material costs accounted for more than 40%, blow molding products in raw material costs accounted for more than 50%. In recent years, high oil prices driving the increase in the price of downstream products such as PE, which typically cost rising star products. In addition, the company a lot of products for export, facing the trend of RMB appreciation, the company is also facing great pressure. Star, therefore, how to steadily improve gross profit margins through price increases and other way is must pay attention to problem in the future.