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P&G’s Chinese Packaging Supplier Majesty Plans IPO

Majesty Holdings Co., Ltd (referred to as Majesty), a Chinese cosmetics packaging material supplier, registered for counseling with the Guangdong Securities Regulatory Bureau on the 20th, intending to issue shares publicly for the first time and list on the stock market, with CITIC Securities as the counseling broker.

CITIC Securities announced that it has been appointed as the counseling institution for Majesty’s initial public offering of Renminbi ordinary shares (A shares) and listing. Recently, the Guangdong Securities Regulatory Bureau has approved Majesty’s counseling registration, and CITIC Securities is currently conducting counseling work for Majesty.

Public information shows that Majesty Holdings Co., Ltd. was established in 2004 and is a high-tech enterprise specializing in the production of high-end packaging products such as aerosol valves, press pumps, and spray pumps. The company provides packaging for skincare products, perfumes, and personal care products. It serves globally renowned brands such as Unilever, Procter & Gamble, Reckitt Benckiser, Shanghai Jahwa, Liby, Blue Moon, Yunnan Baiyao, Colgate, Lion, and Henkel. Its annual sales volume exceeds 3 billion units, accounting for nearly 70% of the domestic market.

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