Brand VerifiedChina

Xiamen Hexing Packaging Printing Co., Ltd.

Hexing Packaging

Xiamen Hexing Packaging Printing Co., Ltd. is one of Asia's leading integrated industrial packaging printing providers, founded in 1993 and headquartered in Xiamen, Fujian, China. With 2024 annual revenue of CNY 11.47 billion (approximately $1.6 billion), Hexing operates nearly 60 production facilities across China and 5 overseas factories, employing 8,862 people. Listed on the Shenzhen Stock Exchange (SZSE: 002228), the company specializes in high-volume corrugated packaging, colorcolor printing, and eco-friendly cushioning materials for food & beverage, home appliance, and e-commerce logistics sectors.

Strengths: Extraordinary production scale with cumulative corrugated box output exceeding 13.6 billion units over the past five years; Hyper-local factory strategy with 60 domestic production bases positioned adjacent to major customers enabling just-in-time delivery; Massive partner network of 28,400+ collaborators providing unprecedented logistics reach; R&D commitment demonstrated by CNY 284 million investment in smart printing equipment and biodegradable paper-molded cushioning; E-commerce logistics packaging specialization perfectly aligned with China's continued online retail growth.
Weaknesses: Revenue sensitivity to macro conditions with 2024 annual revenue declining 7.6% driven by weak domestic consumer demand; Low-margin industrial packaging exposure lacking premium high-margin product lines to cushion against demand downturns; Upstream raw material cost volatility in paper and pulp inputs creating margin compression; Intense domestic competition from thousands of regional packaging converters limiting pricing power.

Business Nature

Xiamen Hexing Packaging Printing Co., Ltd. is one of Asia's leading integrated industrial packaging printing providers. The company's business model focuses on providing comprehensive packaging solutions, including corrugated boxes, paperboard packaging, and printed materials. Manufacturing approach is highly scalable, with nearly 60 production facilities across China and 5 overseas factories, enabling efficient production and rapid delivery. Vertical integration is a key strength, with capabilities spanning from paperboard production to printing and finishing. The company is listed on the Shenzhen Stock Exchange and continues to expand its global footprint.

Core Business Areas

• Corrugated packaging and industrial packaging solutions
• High-volume packaging printing for electronics and consumer goods
• Eco-friendly packaging with recycled materials
• Supply chain packaging services
• Digital printing and customized packaging

Industry Rankings

10Top 10 Printing Services & Solutions Brands

Brand

Corporate Report

Core Business

Xiamen Hexing Packaging Printing Co., Ltd. is one of Asia's leading integrated industrial packaging printing providers, founded in 1993 and headquartered in Xiamen, Fujian, China. With 2024 annual revenue of CNY 11.47 billion (approximately $1.6 billion), Hexing operates nearly 60 production facilities across China and 5 overseas factories, employing 8,862 people. Listed on the Shenzhen Stock Exchange (SZSE: 002228), the company specializes in high-volume corrugated packaging, industrial packaging, and eco-friendly solutions.

Global Presence

Hexing operates nearly 60 production facilities across China and 5 overseas factories in Southeast Asia and other regions. The company's global workforce of 8,862 supports a network that serves major clients in electronics, consumer goods, and industrial sectors. Its extensive domestic coverage in China is complemented by strategic international locations.

Key Strengths

Hexing's key strengths include its position as one of Asia's largest packaging printing providers, a vast production network of nearly 60 facilities, and a strong focus on eco-friendly packaging solutions. The company's VerityRank Score of 85/100 reflects its scale, market leadership in China, and growing international presence.

VerityRank Score

85/ 100

Based on market presence, financial scale, operational capacity, and brand strength.

Quick Facts

Headquarters

No. 556 Tongji North Road, Tong'an District, Xiamen, 361100, China

Founded

1993

Employees

8,862

Factories

60+ production bases across China and 5 overseas facilities

Listing

Shenzhen Stock Exchange: 002228

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Official Website SZSE: 002228 , packagingdive.com, pitchbook.com, matrixbcg.com

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