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Last updated on April 20, 2014 at 17:20 EDT

Latest China Shengda Packaging Group Inc. Stories

2013-06-17 08:31:02

Mill to Extend the Company's Scope of Operations via Vertical Integration HANGZHOU, China, June 17, 2013 /PRNewswire/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI) (the "Company"), a leading Chinese paper packaging manufacturer, today announced that its wholly operating subsidiary, Jiangsu Shuangsheng Paper Technology Development Co., Ltd, has completed the construction of a paper mill and officially gone into production. The paper mill is located in Sheyang County, Jiangsu...

2012-12-06 08:28:46

HANGZHOU, China, Dec. 6, 2012 /PRNewswire-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI), ("China Shengda Packaging" or the "Company"), a leading Chinese paper packaging manufacturer, today announced that its Board of Directors (the "Board") has voted unanimously to dissolve the special committee of its independent directors formed on October 15, 2012 to evaluate the preliminary, non-binding "going private" proposal received from its Chairman, Mr. Nengbin Fang ("Mr....

2012-11-02 07:28:49

HANGZHOU, China, Nov. 2, 2012 /PRNewswire-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI) ("China Shengda Packaging" or the "Company"), a leading Chinese paper packaging manufacturer, today announced that that it has regained compliance with the minimum bid-price requirement of the NASDAQ Stock Market ("NASDAQ") for continued listing of the Company's common stock. As previously disclosed, the Company received a notice from the NASDAQ on May 7, 2012 that its common...

2012-10-15 07:30:24

HANGZHOU, China, Oct. 15, 2012 /PRNewswire-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI) ("China Shengda Packaging" or the "Company"), a leading Chinese paper packaging manufacturer, today announced that that its Board of Directors has received a preliminary, non-binding proposal (the "Proposal") from its Chairman, Mr. Nengbin Fang ("Mr. Fang"), in which Mr. Fang has offered to acquire all of the outstanding shares of the Company's common stock he and his family currently do...

2012-08-13 14:23:31

HANGZHOU, China, Aug. 13, 2012 /PRNewswire-Asia-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI), a leading Chinese paper packaging manufacturer, today announced its financial results for the three months ended June 30, 2012. "The business environment remains challenging and in line with our expectations as previously reported. Pricing is somewhat stable but raw material costs continue to rise beyond our ability to pass them along to our customers. In that context, the...

2012-07-17 10:21:49

HANGZHOU, China, July 17, 2012 /PRNewswire-Asia-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI) ("China Shengda Packaging" or the "Company"), a leading Chinese paper packaging manufacturer, today announced that it held its 2012 Annual Meeting of Stockholders (the "Annual Meeting") on July 13, 2012. At the Annual Meeting, the Company's stockholders were asked to vote on a proposal to re-elect five directors to serve as members of the Board of Directors until the 2013 Annual...

2012-05-11 02:24:11

HANGZHOU, China, May 11, 2012 /PRNewswire-Asia-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI), a leading Chinese paper packaging manufacturer, today announced its financial results for the three months ended March 31, 2012. "This quarter was marked by difficult market conditions as our customers experienced slow growth in their businesses. We fought hard for business but lost some volume compared to the same quarter last year. Pricing conditions enabled us to pass on some...

2012-05-10 02:35:02

HANGZHOU, China, May 10, 2012 /PRNewswire-Asia-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI) ("China Shengda Packaging" or the "Company"), a leading Chinese paper packaging manufacturer, today announced the Company received a letter from the NASDAQ Stock Market on May 7, 2012 indicating that, for the previous 30 consecutive business days, the bid price of the Company's common stock had closed below the minimum $1.00 per share requirement for continued inclusion on The NASDAQ...

2012-05-04 02:22:41

HANGZHOU, China, May 4, 2012 /PRNewswire-Asia-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI), a leading Chinese paper packaging manufacturer, today announced that the Company will host a conference call on Friday, May 11, 2012, at 9:00 a.m. Eastern Time to discuss its financial results for the three months ended March 31, 2012. To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time:...

2012-03-22 10:21:41

HANGZHOU, China, March 22, 2012 /PRNewswire-Asia-FirstCall/ -- China Shengda Packaging Group Inc. (NASDAQ: CPGI), a leading Chinese paper packaging manufacturer, today announced its financial results for the three months and full year ended December 31, 2011. "Revenues of $124 million and net income of $9.6 million were within our guidance ranges. However our markets and our financial performance are currently volatile due to cross-currents of variability affecting the global consumer who...