Introduction
HISHINE INDUSTRY CO., LTD / 海顺新材料有限公司 is a Chinese specialty packaging and materials company best known for high-barrier pharmaceutical packaging, with additional activity in food packaging and related advanced flexible materials. The company is identified in industry listings as HISHINE INDUSTRY CO., LTD on Chinaplas, while its official Chinese corporate and investor materials refer to Shanghai Haishun New Pharmaceutical Packaging Materials Co., Ltd. (海顺新材), indicating that the exhibited business is the pharmaceutical packaging and materials group associated with the Haishun brand.
Founded in 2005, the company positions itself as a producer of high-barrier, recyclable, and low-carbon packaging solutions and states that it serves customers in more than 30 countries. It has also emphasized digital manufacturing, smart production management, and product development focused on materials that combine protective performance with environmental design, reflecting broader industry pressure to improve circularity in packaging.
History and development
Haishun states that it was established in 2005 and later developed proprietary cold-form aluminum technology, which it describes as a breakthrough against foreign dominance in that product category. Its corporate reports state that the company was formally registered in 2010 and its shares were listed on the Shenzhen Stock Exchange ChiNext board on 4 February 2016.
A key development milestone was the company’s move into food packaging in 2018, when it began applying pharmaceutical-grade standards to food-packaging products and reported partnerships with major consumer brands such as Mengniu and Mondelez. Another reported expansion phase is the investment in a Zhejiang base, described by the company as a project of roughly RMB 1.5 billion that began production in 2022 and expanded capacity, product maturity, and application scope.
Business operations and segments
The company’s core business is the research, development, application, and commercialization of pharmaceutical packaging materials. According to its annual report materials, the main products are used in packaging for tablets, pills, capsules, granules, powders, and suppositories, placing the company firmly within the regulated drug-packaging segment.
Its public materials also indicate expansion into:
- Food packaging
- New energy-related materials
- New consumer applications
- High-barrier and specialty packaging materials such as products with improved peelability, corrosion resistance, weather resistance, and deep-draw performance
This business profile suggests a company operating at the intersection of regulated packaging, materials engineering, and industrial conversion, rather than as a commodity plastics producer.
Products and technologies
Haishun’s product portfolio is centered on high-barrier packaging systems designed to protect sensitive contents from oxygen, moisture, light, and contamination.
Representative product and technology themes include:
- Cold-form aluminum packaging, described by the company as an early proprietary breakthrough.
- High-barrier packaging materials for solid oral dosage forms and other pharmaceuticals.
- Recyclable green packaging, developed to combine barrier performance with improved environmental characteristics.
- Specialty packaging materials for food and consumer applications, including materials with high barrier, deep drawability, corrosion resistance, weather resistance, and easy peelability.
From an industry perspective, these capabilities place the company in a technically demanding segment where performance is measured not only by strength and processability, but also by seal integrity, moisture protection, product stability, and compliance with pharmaceutical quality expectations.
Applications and end markets
The company’s principal end market is pharmaceutical packaging, and its annual report materials state that its products are used for a broad range of oral and other solid dosage forms. The company says it provides packaging protection for customers in more than 30 countries, indicating an export-oriented or internationally distributed customer base.
Additional end markets include:
- Food and beverage packaging, entered in 2018 and validated through cooperation with large branded food companies.
- New consumer products, where lightweight, functional, and recyclable packaging formats are increasingly valued.
- Potentially new energy applications, as indicated in the company’s stated development priorities.
Global presence and market position
Haishun describes itself as a provider of packaging solutions for global customers and emphasizes its role in safeguarding product quality in international markets. Its official materials also characterize it as a high-barrier packaging leader and a recyclable materials innovator in the pharmaceutical packaging segment.
The company’s market position appears strongest in specialized pharmaceutical packaging, where technical compliance, long-term supply reliability, and materials performance matter more than scale alone. Chinaplas identifies it as a “Shining Niche” company, a designation associated with specialized, high-value industrial enterprises in China.
Sustainability and environmental initiatives
Sustainability is a central theme in the company’s public positioning. Haishun states that it combines technological innovation with environmental and low-carbon goals to develop recyclable high-barrier packaging intended to reduce environmental impact.
Its stated sustainability direction includes:
- Recyclable material development
- Low-carbon packaging design
- Digital manufacturing efficiency
- Smart production systems linking people, machines, and materials
The company’s emphasis on recyclable barrier packaging reflects a broader plastics-industry challenge: maintaining protection and shelf life while reducing material intensity and improving end-of-life outcomes.
Financial performance and economic impact
The company is publicly listed under stock code 300501 on the Shenzhen Stock Exchange, giving it regular financial disclosure obligations. Available report summaries confirm registered capital of approximately RMB 193.5 million and share capital details consistent with a mid-sized listed Chinese industrial company.
Its economic impact is concentrated in:
- Advanced packaging manufacturing
- Pharmaceutical supply chains
- Regional industrial development, including its Zhejiang investment project
Detailed revenue, profit, and segment performance should be taken from the latest annual and interim reports, but the sources provided here primarily establish corporate structure and strategic direction rather than audited financial outcomes.
Leadership and corporate governance
Public filings show that the company was founded by Lin Wuhui, Zhu Xiumei, and Miao Haijun and that Lin Wuhui is identified in report materials as the legal representative. Investor relations contact details and board-level reporting structures are disclosed in the company’s annual filings, consistent with its status as a public company.
The company’s governance profile is shaped by:
- Public listing on ChiNext
- Regular investor disclosure
- Strategic emphasis on R&D-led growth
- Capital investment in production capacity and technology upgrades
Innovations and future outlook
Haishun’s future development appears to be centered on three interconnected priorities: pharmaceutical packaging performance, food-packaging expansion, and sustainable material innovation. The company also highlights ongoing development of materials for new energy and new consumer applications, suggesting an effort to diversify beyond its core regulated-packaging business.
Its innovation agenda is likely to remain focused on:
- Barrier performance improvement
- Recyclability and low-carbon design
- Automation and digitalized manufacturing
- Application expansion across regulated and high-value packaging markets
These directions align with broader global plastics-industry trends toward specialization, circularity, and performance-driven material substitution.
References
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CPS+ eMarketplace. (n.d.). HISHINE INDUSTRY CO., LTDHISHINE INDUSTRY CO., LTD. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1027694Link