Enterprise | Jiangsu Suzhou's 'Hidden Champion' Goes Public: Earned 1.4 Billion RMB in Three Years by Supplying Labels to China’s Richest Person

On December 25, 2025, Jiangtian Technology—a supplier of consumer packaging materials—officially listed on the capital market, achieving a total market capitalization of 3.932 billion RMB. Public records indicate that the company was founded in August 1992 and is headquartered in Wujiang District, Suzhou City, Jiangsu Province. It operates four production bases in Suzhou, Guangzhou, Tianjin, and Meishan, Sichuan. Jiangtian Technology primarily engages in the research and development, manufacturing, and sales of label printing products, whose applications span everyday consumer sectors including beverages and alcoholic drinks, daily chemical products, food and health supplements, and petrochemical products. According to data from the China Packaging Federation, the company ranks second nationally—and first in Jiangsu—in market share for labels used in daily chemical products. The company’s predecessor, Suzhou Jiangtian Packaging & Color Printing Co., Ltd., was a local small factory specializing in simple flexographic printing. In 2002, amid the wave of restructuring state-owned printing enterprises in Suzhou, Wang Jinhua assumed full equity ownership of Jiangtian Limited as its contracted operator. One year earlier, his daughter Teng Qi and son-in-law Huang Yanguo had both resigned from the marketing department of Avery Dennison (China) Co., Ltd. Briefly introduced: Avery Dennison is a global leader in materials science and digital identification solutions, specializing in designing and manufacturing various labels and functional materials. It entered China in 1994 and subsequently established Avery Dennison (China) Co., Ltd., the world’s first self-adhesive label printing training academy, and the Asia-Pacific region’s first R&D center. Notably, Avery Dennison currently serves as Jiangtian Technology’s largest raw material supplier, accounting for over 40% of its procurement volume. Thanks to supply chain management expertise and process-upgrading insights brought by Wang’s daughter and son-in-law, Jiangtian Technology rapidly revitalized itself. It was among the first domestic firms to introduce Nilpeter intermittent rotary presses and Gallus flexographic presses; later, it successively adopted Bobst and OMET flexographic combination presses. Over time, the company mastered combination printing technology, color management, precision die-cutting and waste-reduction layout techniques, embossing, and registered cold foil stamping—becoming China’s first national-level printing demonstration enterprise focused exclusively on label printing. It has consecutively won the World Label Award presented by L9 World Label Association for two years running, earning industry-wide recognition as the ‘hidden champion’ in beverage-and-food labeling.

Raymond James: Maintains Outperform Rating on Avery Dennison Corporation (AVY.US)

Raymond James: Maintains Outperform rating on Avery Dennison Corporation (AVY.US); adjusts target price from $240.00 to $215.00. Avery Dennison Corporation (AVY.US) Company Overview: Avery Dennison is dedicated to providing labeling and packaging materials and solutions. Its business scope includes manufacturing pressure-sensitive materials and converted products such as tickets, labels, and tags. The company operates through the following business segments: Label and Graphic Materials; Retail Branding and Information Solutions; and Industrial and Healthcare Materials. The Label and Graphic Materials segment manufactures and sells pressure-sensitive labels and packaging materials under the Fasson, JAC, and Avery Dennison brands; graphic materials under the Avery Dennison and Mactac brands; and reflective products under the Avery Dennison brand. The Retail Branding and Information Solutions segment designs, manufactures, and sells a wide range of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors, and industrial customers.

Avery Dennison Corporation (AVY) Stock Forecasts

1 day ago

Argus analysts recommend Avery Dennison as a value opportunity, raising its target price. The Ohio-based company specializes in adhesive materials, branding, and RFID tags for various industries.

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