Shenzhen District Factory of APT Paper Group Implements Measures to Reduce Cost Ratio and Increases the Monthly Gross Profit Margin by 20% and 10%, respectively as Compared with the Same Month Last Year
SHENZHEN, China, Jan. 3, 2012 /PRNewswire-Asia-FirstCall/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), recently announced that the Shenzhen District factory of APT Paper Group ("APT"), a company acquired and nurtured by UCHC, has great success through its commitment to reduce costs and improve production efficiency in order to enhance market competitiveness since September 2011. According to the statistics, the monthly cost ratio was reduced by 20% and the monthly gross margin was increased by 10%, both comparing with the same month of last year.
Through technological and process innovation, Shenzhen District Factory applies the measures of improving the quality of raw materials, production processes and the appearance of the packaging when designing the overall product packaging for customers; with the home-produced honeycomb paper as the main packaging materials, it not only produces strong and practical packaging but also helps save materials and improves the profit margin of APT. For example, Shenzhen and Qingdao District Factory used to massively apply polystyrene form (EPS) for producing packaging materials for Haier washing machines; the content of honeycomb products is low, the size of the products after being packaged is bulky and less appealing. With the technological innovation to design overall product packaging from a practical point of view, to reduce the proportion of using polystyrene foam in the product packaging, and to raise the APT's honeycomb paper materials usage proportion greatly improve the practicality and appearance of Haier washing machines packaging and also increases the profits of APT paper products.
Shenzhen District Factory increases its market competitiveness by developing management system, operation processes and standards, and by controlling costs. The specific focus on the development of a reasonably effective system for business development department helps combine economic benefits and work performance of employees which greatly increase employee motivation, and hence, business volume is rising gradually.
"APT, a business acquired and nurtured by UCHC, has unique technology and patent on its honeycomb and reusable paper products, providing customers of various industries a range of green packaging products, which have been designated as checking-exempted environmental-friendly packaging materials by many countries in the world." Mr. Thomas Lee, Chief Operating Officer of UCHC, said, "In line with the green concept, APT continues to improve products through innovative materials and production processes in order to contribute to environment protection while reducing company costs."
Safe Harbor Statement:
Except for statements of historical fact, this document contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of the Company's products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include the Company's ability to raise capital to engage in operations, general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by the Company with the Securities and Exchange Commission.
For more information, please contact:
Mr. Zhou Caiyi
Tel: +852-2827-6898
Fax: +852-2827-6989
Email: [email protected]
Web: http://www.unicoreholdings.com
SOURCE Uni Core Holdings Corporation
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