# Zhongxin acquires 60% stake in Dafeng for industrial packaging

Zhongxin, a molded fiber food packaging supplier, acquired a 60% stake in Dafeng, a pulp molding industrial packaging supplier in southern China, in March 2025. The deal aims to enter the pulp molding industrial packaging market.

- Type: Acquisition
- Announced: 2025-03-01
- Where: southern China, China
- Status: completed
- Products: pulp molding industrial packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Zhongxin](https://endata.com/companies/83918.md) (acquirer)
- [Dafeng](https://endata.com/companies/83919.md) (target)

## Sources

- [minjiegd.com](https://www.minjiegd.com/news_details/21.html), 2025-04-03: "Zhongxin (the giant molded fiber food packaging supplier with Stock Exchange No.: 603091.SH) held a 60% stake in Dafeng (an excellent pulp molding industrial package supplier in southern China), officially access to the field of pulp molding industrial packagings."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.