The proportion of new business is increasing day by day Shanghai M&G Stationery Inc(603899) plans to change its name to Chenguang Co., Ltd

The proportion of new business income in the total operating income has exceeded 40%. The “stationery Mao” Shanghai M&G Stationery Inc(603899) ( Shanghai M&G Stationery Inc(603899) , SH) does not want to be just a “stationery selling” company in the inherent impression of the outside world.

On March 14, Shanghai M&G Stationery Inc(603899) announced that the securities abbreviation of the company would be changed from ” Shanghai M&G Stationery Inc(603899) ” to “Chenguang shares” Shanghai M&G Stationery Inc(603899) said that after renaming, it can more comprehensively and accurately reflect the business situation of the company, better reflect the business and strategic layout of the company, and further strengthen the corporate image and brand value.

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