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May 04, 2015 4:12 AM ET

Containers and Packaging

Company Overview of Greatview Aseptic Packaging Company Limited

Company Overview

Greatview Aseptic Packaging Company Limited, an investment holding company, manufactures, distributes, and sells paper packaging products for soft drinks and beverages, and filling machines in the People's Republic of China and internationally. The company offers a range of aseptic packs, including GA Brick, a carton form packaging; and GA Pilo, a soft pouch form packaging to the dairy and non-carbonated soft drink producers. It also produces and sells roll-fed filling machines and spare parts, as well as provides related technical development services. Greatview Aseptic Packaging Company Limited was founded in 2001 and is headquartered in Beijing, the People's Republic of China.

No.14 Jiuxianqiao Road

A4-2nd Floor

Chaoyang District

Beijing,  100015

China

Founded in 2001

1,234 Employees

Phone:

86 10 6435 6368

Fax:

86 10 6435 6068

Key Executives for Greatview Aseptic Packaging Company Limited

Co-Founder, Chief Executive Officer, Executive Director and Member of Remuneration Committee
Age: 51
Total Annual Compensation: $2.7M
Co-Founder, Chairman and Chairman of Nomination Committee
Age: 56
Total Annual Compensation: $1.3M
Chief Operating Officer and Executive Director
Age: 53
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2014.

Greatview Aseptic Packaging Company Limited Key Developments

Greatview Aseptic Packaging Company Limited Announces Resignation of LEE Lap, Danny as Non-Executive Director with Effect from 27 March 2015

The board of directors of Greatview Aseptic Packaging Company Limited announced that Mr. LEE Lap, Danny has tendered his resignation as a non-executive director of the Company with effect from 27 March 2015 because he has resigned from the post of managing director of Bain Capital Asia, LLC.

Greatview Aseptic Packaging Company Limited Proposes Final Dividend for the Year Ended December 31, 2014; Reports Consolidated Earnings Results for the Year Ended December 31, 2014

Greatview Aseptic Packaging Company Limited proposed final dividend of HKD 0.10 (2013: HKD 0.10) in respect of the year ended 31 December 2014 amounting to a total dividend of HKD 134,306,000 (approximately RMB 105,951,000 in total) is to be proposed by the board at the forthcoming annual general meeting. These financial statements do not reflect this dividend payable. The company reported consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of RMB 2,231,545,000 against RMB 2,159,533,000 a year ago, the increase was primarily driven by growth in international sales. Operating profit was RMB 364,398,000 against RMB 416,874,000 a year ago. Profit before income tax was RMB 368,721,000 against RMB 416,763,000 a year ago. Profit for the year was RMB 279,697,000 against RMB 317,276,000 a year ago. Profit attributable to equity holders of the company was RMB 279,697,000 or RMB 0.21 per share basic and diluted against RMB 317,276,000 or RMB 0.24 per share basic and diluted a year ago. Net cash generated from operating activities was RMB 367,073,000 against RMB 233,278,000 a year ago. Purchase of property, plant and equipment was RMB 151,303,000 against RMB 205,081,000 a year ago. Purchase of intangible assets was RMB 5,762,000 against RMB 1,927,000 a year ago.

Greatview Aseptic Packaging Company Limited to Report Fiscal Year 2014 Results on Mar 27, 2015

Greatview Aseptic Packaging Company Limited announced that they will report fiscal year 2014 results on Mar 27, 2015

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