Dashengda's premium packaging business has become a key profit driver, as the company advances a dual-engine transformation combining packaging and chips. In 2025, the company's premium cigarette pack business achieved revenue of 581 million yuan, up 41.96 percent year on year, with a gross margin of 32.97 percent. Its high-end liquor packaging business posted revenue of 253 million yuan and a gross margin of 39.29 percent. Together, these two segments accounted for nearly 40 percent of total revenue and contributed over 60 percent of total gross profit. The traditional corrugated carton business recorded revenue of 1.182 billion yuan, down 7.23 percent year on year, with gross margin falling to 6.51 percent. In addition, Dashengda plans to invest a total of 550 million yuan to acquire a 22.9831 percent stake in Xintong Semiconductor. As of July 13, 2026, it has paid 300 million yuan and holds a 14.6117 percent stake, with the remaining 250 million yuan capital increase conditional on the successful tape-out of the third-generation GPU. For the full year 2025, the company reported revenue of 2.204 billion yuan, up 3.42 percent year on year, and net profit attributable to shareholders of 77.1166 million yuan, down 27.42 percent year on year.
Zhejiang Great Shengda Packaging Co LtdPremium cigarette pack revenue jumped 42% and high-end liquor packaging gross margin is high, driving profit contribution.
Dashengda plans to invest 550 million yuan for a 22.98% stake, with 300 million already paid, indicating capital inflow.