Baosteel Packaging
Metal packaging manufacturer for fast-moving consumer goods
About Baosteel Packaging
Shanghai Baosteel Packaging Co., Ltd. is a leading Chinese enterprise specializing in metal packaging for the fast-moving consumer goods (FMCG) sector, including food and beverages. The company was founded in 2004 and is a subsidiary of Baosteel Metal Co., Ltd., which is part of the state-owned China Baowu Steel Group Corporation. Baosteel Packaging held its initial public offering on the Shanghai Stock Exchange on June 11, 2015.
The company's business model focuses on providing comprehensive metal packaging solutions, from design to manufacturing. Its main products include steel and aluminum two-piece beverage cans with easy-open lids, and printed tinplate products. Baosteel Packaging serves a prominent client base of domestic and international brands such as Coca-Cola, PepsiCo, AB InBev, Heineken, Tsingtao Brewery, and Red Bull. Revenue is generated through the sale of these packaging products across two main segments: Metal Beverage Cans and Packaging Color Printing Iron. The company operates in both domestic and international markets, with a growing presence in Southeast Asia through subsidiaries in Vietnam and Cambodia.
Baosteel Packaging is distinguished as the only manufacturer in China with the capability to produce both steel and aluminum two-piece cans. The company leverages its relationship with its parent company, Baosteel Group, for a consistent supply of high-quality raw materials. It has implemented advanced manufacturing and automation to enhance production efficiency and quality control. In recent years, Baosteel Packaging has also focused on sustainability, aiming to increase the use of recycled materials and reduce carbon emissions.
Source: Dealroom company dataAt a glance
- Founded
- 2004
- Headquarters
- Jing'an District, China
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Seed2 investors entered at this stage
GoldStone
IDG Capital
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