Plastic film

Fuwei Films Announces Its Unaudited Financial Results for the Third Quarter of 2020

Retrieved on: 
Monday, November 23, 2020
Materials, Building materials, Organic polymers, Packaging materials, Plastics, Polyesters, Commodity chemicals, Dielectrics, BoPET, Plastic film, Polyethylene terephthalate, Li

Cash, cash equivalent and restricted cash totaled RMB88.8 million (US$13.1 million) as of September 30, 2020.

Key Points: 
  • Cash, cash equivalent and restricted cash totaled RMB88.8 million (US$13.1 million) as of September 30, 2020.
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong").
  • Fuwei Shandong develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate).
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Fuwei Films to Report Its Unaudited Financial Results for the Third Quarter of 2020 on November 23, 2020

Retrieved on: 
Friday, November 13, 2020
Materials, Building materials, Organic polymers, Plastics, Packaging materials, Polyesters, Dielectrics, BoPET, Flexible electronics, Polyethylene terephthalate, Plastic film, NASDAQ

BEIJING, Nov. 13, 2020 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the third quarter of 2020 on Monday, November 23, 2020 after the close of the market.

Key Points: 
  • BEIJING, Nov. 13, 2020 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the third quarter of 2020 on Monday, November 23, 2020 after the close of the market.
  • ET / 9:00 p.m. Beijing time to discuss the financial results.
  • Fuwei Films develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, also known as BOPET film.
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Fuwei Films Announces Results of 2020 Annual General Meeting of Shareholders

Retrieved on: 
Friday, November 6, 2020
Materials, Building materials, Organic polymers, Plastics, Packaging materials, Polyesters, BoPET, Dielectrics, Polyethylene terephthalate, Li, Plastic film, Du

BEIJING, Nov. 6, 2020 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced the results of its Annual General Meeting of Shareholders (the "Meeting"), which was held on November 6, 2020 at 10:00 a.m. (Beijing Time), at Fuwei Films (Shandong) Co., Ltd., No.

Key Points: 
  • BEIJING, Nov. 6, 2020 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced the results of its Annual General Meeting of Shareholders (the "Meeting"), which was held on November 6, 2020 at 10:00 a.m. (Beijing Time), at Fuwei Films (Shandong) Co., Ltd., No.
  • Commenting on the results of the Meeting, Mr. Lei Yan, Chairman of Fuwei Films, stated, "We express our thanks to them in supporting further efforts by Fuwei Films' Board of Directors and its management to continue implementing our strategies to move the Company forward for the benefit of all shareholders."
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Shandong Fuwei").
  • Shandong Fuwei develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate).

Global Shrink Wrap Equipment Markets 2019-2020 & Outlook to 2027: Drivers, Constraints, Opportunities, Threats, Challenges, Investments, and Recommendations - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 21, 2020
Specialty, Retail, Packaging materials, Shrink wrap, Packaging machinery, Shrink tunnel, Wrap, High-density polyethylene, Plastic film, Materials, Artificial objects, Matter

The "Shrink Wrap Equipment - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Shrink Wrap Equipment - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
  • Global Shrink Wrap Equipment Market is expected to grow at a CAGR of 11% during the forecast period.
  • Shrink wrap equipment is machines that are used to shrink plastic films over multiple bundled products by applying heat in shrink tunnel or shrink chamber.
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
    Company profiling with detailed strategies, financials, and recent developments

Fuwei Films Announces Its Unaudited Financial Results for the Second Quarter of 2020

Retrieved on: 
Thursday, September 3, 2020
Organic polymers, Materials, Building materials, Packaging materials, Plastics, Commodity chemicals, Polyesters, Dielectrics, BoPET, Plastic film, Polyethylene terephthalate, Polypropylene

Operating expenses for the six months ended June 30, 2020 were RMB33.8 million (US$4.8 million), compared to RMB28.5 million in the same period in 2019.

Key Points: 
  • Operating expenses for the six months ended June 30, 2020 were RMB33.8 million (US$4.8 million), compared to RMB28.5 million in the same period in 2019.
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong").
  • Fuwei Shandong develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate).
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Fuwei Films to Report Its Unaudited Financial Results for the Second Quarter of 2020 on September 3, 2020

Retrieved on: 
Tuesday, August 25, 2020
Building materials, Organic polymers, Materials, Plastics, Packaging materials, Polyesters, BoPET, Dielectrics, Polyethylene terephthalate, Plastic film, Forward-looking statement

BEIJING, August 25, 2020 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the second quarter of 2020 on Thursday, September 3, 2020 after the close of the market.

Key Points: 
  • BEIJING, August 25, 2020 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the second quarter of 2020 on Thursday, September 3, 2020 after the close of the market.
  • ET / 9:00 p.m. Beijing time to discuss the financial results.
  • Fuwei Films develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, also known as BOPET film.
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Fuwei Films Announces Majority Ownership Transfer

Retrieved on: 
Thursday, July 2, 2020
Building materials, Materials, Organic polymers, Packaging materials, Plastics, Polyesters, BoPET, Dielectrics, Plastic film, Thermoplastics, Polyethylene terephthalate, Du

As a result of this transfer, Shanghai Meicheng now indirectly owns the Shares through Hongkong Ruishang.

Key Points: 
  • As a result of this transfer, Shanghai Meicheng now indirectly owns the Shares through Hongkong Ruishang.
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong").
  • Fuwei Shandong develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate).
  • Fuwei Films' BOPET film is widely used to package food, medicine, cosmetics, tobacco, and alcohol, as well as in the imaging, electronics, and magnetic products industries.

Fuwei Films Announces Its Unaudited Financial Results for the First Quarter of 2020

Retrieved on: 
Monday, June 22, 2020
Organic polymers, Materials, Organic compounds, Packaging materials, Plastics, Commodity chemicals, Dielectrics, Polyesters, BoPET, Plastic film, Polyethylene terephthalate, Polypropylene

Operating expenses for the first quarter ended March 31, 2020 were RMB15.0 million (US$2.1 million), which was RMB1.5 million, or 11.1% higher than the same period in 2019.

Key Points: 
  • Operating expenses for the first quarter ended March 31, 2020 were RMB15.0 million (US$2.1 million), which was RMB1.5 million, or 11.1% higher than the same period in 2019.
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong").
  • Fuwei Shandong develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate).
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Fuwei Films to Report Its Unaudited Financial Results for the First Quarter of 2020 on Monday, June 22, 2020

Retrieved on: 
Monday, June 15, 2020
Materials, Building materials, Organic polymers, Plastics, Polyesters, Packaging materials, BoPET, Dielectrics, Polyethylene terephthalate, Plastic film, NASDAQ, Forward-looking statement

BEIJING, June 15, 2020 /PRNewswire/ --Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the first quarter of 2020 on Monday, June 22, 2020 after the close of the market.

Key Points: 
  • BEIJING, June 15, 2020 /PRNewswire/ --Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will report its unaudited financial results for the first quarter of 2020 on Monday, June 22, 2020 after the close of the market.
  • ET / 9:00 p.m. Beijing time to discuss the financial results.
  • Fuwei Films develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, also known as BOPET film.
  • Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of the risk factors.

Fuwei Films Announces Fourth Quarter and Full Year 2019 Financial Results

Retrieved on: 
Tuesday, April 28, 2020
Organic polymers, Materials, Building materials, Packaging materials, Plastics, Polyesters, Dielectrics, Thermoplastics, BoPET, Plastic film, Polyethylene terephthalate, Shandong

Our gross margin was 24.9% for the year of 2019, as compared to a gross margin of 16.4% in 2018.

Key Points: 
  • Our gross margin was 24.9% for the year of 2019, as compared to a gross margin of 16.4% in 2018.
  • Our operating expenses during the year ended December 31, 2019 were RMB60.5 million, a decrease of RMB5.5 million, or 8.3%, as compared to 2018.
  • Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Fuwei Shandong").
  • Fuwei Shandong develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate).