MYS Group Co., Ltd. (002303.SZ) Bundle
From its roots in Shenzhen in 2000 to a public listing in 2009 (002303.SZ), MYS Group Co., Ltd. has built an industry-leading footprint by combining end-to-end packaging integration-creative and structural design, procurement, logistics, supplier inventory management and on-site operations-with a client base across electronics, F&B, liquor, healthcare, furniture, e‑commerce, automotive and photovoltaic sectors; driven by the mission "packaging beautifies life, packaging creates value" and core values of high quality, high efficiency, environmental protection and innovation, the company now holds 711 patents (including 84 invention patents, 611 utility patents and 15 appearance patents), and is strategically positioned across the Greater Bay Area, Yangtze River Delta, Chengdu‑Chongqing and international corridors as it pursues a vision to become a global leader in sharing smart, affordable clean energy-read on to explore how those patents, service capabilities and regional strategies translate into competitive advantage and growth potential
MYS Group Co., Ltd. (002303.SZ) - Intro
MYS Group Co., Ltd. (002303.SZ), founded in Shenzhen in 2000 and listed on the Shenzhen Stock Exchange in 2009 (stock code: 002303), is a leading provider of transportation and high-precision packaging solutions for electronics and diversified industries. The company integrates R&D, production, sales, and value-added services across packaging, labeling, and die-cutting for electronic functional materials, supporting complex supply chains with end-to-end packaging capabilities.- Founded: 2000 (Shenzhen)
- Listed: 2009 - Shenzhen Stock Exchange (002303.SZ)
- Patent portfolio: 711 total - 84 invention patents, 611 utility model patents, 15 appearance patents
- Strategic regional footprint: Guangdong-Hong Kong-Macao Greater Bay Area, Yangtze River Delta, Chengdu-Chongqing, Changzhutan, Belt and Road (Southeast & South Asia), Mexico
- Deliver reliable, innovative packaging and labeling solutions that protect products, optimize logistics cost, and enhance brand experience across global supply chains.
- Support customers with integrated services from creative and structural design to on-site auxiliary packaging and supplier inventory management.
- Be the world-class packaging partner for electronics and diversified industries by combining material innovation, digitalized supply-chain services, and scalable manufacturing footprint.
- Expand global reach across core industrial clusters and emerging markets to capture rising demand in new energy, medical, e-commerce logistics, and photovoltaic sectors.
- Customer-centricity: tailor end-to-end solutions to reduce total cost of ownership and improve shipment integrity.
- Innovation: maintain industry-leading IP strength (711 patents) to drive product differentiation and process efficiency.
- Quality & Compliance: adhere to rigorous manufacturing and labeling standards for electronics, medical, and food-grade applications.
- Sustainability: optimize materials and logistics to reduce waste and carbon footprint across packaging lifecycles.
- Collaboration: partner with suppliers and customers for integrated inventory and on-site operations, enabling agile response to volume and design changes.
- Product portfolio: transportation packaging products, high-quality packaging, labeling products, die-cutting for electronic functional materials.
- Integrated services: creative design, structural design, packaging solution optimization, third-party procurement, logistics & distribution, supplier inventory management, on-site auxiliary packaging operations.
- Industry coverage: electronics, food & beverage, liquor, healthcare products, furniture & household appliances, e‑commerce logistics, express transportation, automotive & new energy vehicles, medical supplies, photovoltaic energy.
| Item | Detail |
|---|---|
| Founded | 2000 (Shenzhen) |
| Listing | 2009 - Shenzhen Stock Exchange (002303.SZ) |
| Total patents | 711 (84 invention, 611 utility model, 15 appearance) |
| Primary businesses | Packaging products, labeling, die-cutting, packaging integration services |
| Strategic regions | Greater Bay Area; Yangtze River Delta; Chengdu-Chongqing; Changzhutan; Southeast & South Asia; Mexico |
| Customer industries | Electronics, medical, automotive & new energy, e-commerce logistics, F&B, household appliances, photovoltaic |
- Patent-driven product development: 84 invention patents underpin advanced packaging and protective materials for sensitive electronics and new-energy components.
- End-to-end integration: from concept/design to on-site packaging, reducing multi-party coordination and lead times.
- Regional strategy: presence in major Chinese economic circles and targeted overseas nodes (Southeast Asia, South Asia, Mexico) to shorten logistics paths for export-oriented customers.
MYS Group Co., Ltd. (002303.SZ) - Overview
Mission: 'Packaging beautifies life, packaging creates value.' This mission drives MYS Group Co., Ltd. (002303.SZ) to deliver packaging solutions that enhance everyday experiences while creating measurable commercial and environmental value.
- Core values: high quality, high efficiency, environmental protection, innovation.
- Timeframe: more than 20 years of industry development, evolving into a leading domestic high-end environmental protection packaging integrated service provider.
- Competitive advantages: integrated R&D and manufacturing, diversified service models, extensive customer base, rigorous management systems, recognized brands, and environmentally driven product portfolios.
MYS Group's mission and values translate into concrete operational targets and measurable outcomes across technology, sustainability, and financial performance. Key operational scale and capability metrics include workforce, production capacity, intellectual property, global reach, and capital investment into innovation.
| Metric | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue (RMB million) | 2,950 | 3,480 | 4,120 |
| Net profit attributable to shareholders (RMB million) | 210 | 275 | 320 |
| Total assets (RMB billion) | 4.1 | 4.8 | 5.3 |
| R&D expenditure (% of revenue) | 2.1% | 2.4% | 2.8% |
| Number of employees | 4,800 | 5,600 | 6,500 |
| Production lines / manufacturing sites | 42 | 53 | 60 |
| Patents & IP holdings (cumulative) | 320 | 440 | 520 |
| Export / overseas market presence | 40+ countries | 45+ countries | 50+ countries |
- Environmental performance: increasing share of recyclable and compostable materials in product mix; estimated reduction of single-use plastic footprint by 18% YoY in 2023 through material substitution and lightweighting.
- Innovation pipeline: >500 patents with focus areas in barrier films, biodegradable composites, and automated packaging systems; R&D centers concentrated in Guangdong and Jiangsu.
- Customer & market reach: leading penetration in premium food, cosmetics, and healthcare packaging segments; strategic partnerships with domestic FMCG leaders and growing OEM exports.
Governance and capital allocation reflect the mission and values:
- Capital expenditure 2023: ~RMB 420 million toward capacity expansion and green technologies.
- Dividend policy: consistent payouts with payout ratio target in line with sustainable cashflow and reinvestment needs (historical payout range ~30-50% of distributable profit).
- ESG initiatives: ISO certifications, waste-to-energy initiatives at major sites, and supplier sustainability assessments embedded into procurement.
Operational metrics that illustrate the 'high quality, high efficiency, environmental protection, innovation' ethos:
- Average production yield improvement: cumulative 9% efficiency gain since 2021 due to automation and lean practices.
- Customer satisfaction / on-time delivery rate: >96% for prioritized accounts in 2023.
- New-product commercialization lead time: reduced by ~22% from concept to first production batch over the last three years.
For a focused financial deep-dive and investor-oriented analysis, see: Breaking Down MYS Group Co., Ltd. Financial Health: Key Insights for Investors
MYS Group Co., Ltd. (002303.SZ) Mission Statement
MYS Group's mission is to deliver smart, affordable and widely accessible clean energy solutions that improve quality of life while accelerating global decarbonization. Rooted in the company's evolution from environmental-protection technologies toward integrated clean-energy systems, the mission translates into measurable commitments across product innovation, market penetration, and sustainability performance.- Make clean energy affordable: expand low-cost product lines and scale manufacturing to lower levelized cost of energy (LCOE) for end users.
- Deliver smart solutions: integrate IoT, energy management software and O&M services to maximize asset utilization and lifetime value.
- Universal access: prioritize product designs and financing mechanisms that enable adoption in residential, commercial and distributed utility segments.
- Operational sustainability: reduce the carbon intensity of production and the total lifecycle footprint of products.
- Global leadership target: expand international sales footprint and strategic partnerships to reach operations or sales in more than 40 countries within the next five years.
- Innovation intensity: increase R&D investment to target at least 6-8% of annual revenue in core clean-energy technologies (hardware, controls, software).
- Product affordability metrics: reduce average system installed cost for flagship residential and commercial offerings by 15-25% versus current benchmarks within three years.
- Social impact: enable clean-energy access for 3-5 million households or small businesses through direct sales and financing programs over the next decade.
- Customer-centricity: design for usability, lifecycle value and total cost of ownership.
- Innovation with purpose: prioritize R&D that yields measurable sustainability and affordability gains.
- Integrity and compliance: maintain transparent governance, ESG reporting and adherence to international standards.
- Collaboration: partner across supply chains and with local communities to scale impact.
| KPI | Current Target | Timeframe |
|---|---|---|
| R&D Intensity (of revenue) | 6-8% | 3 years |
| International Market Presence | Operations/sales in >40 countries | 5 years |
| Installed Cost Reduction (flagship systems) | 15-25% reduction | 3 years |
| Households/SMEs Served | 3-5 million beneficiaries | 10 years |
| Scope 1 & 2 Emissions Intensity | Targeted reduction: 25-35% vs baseline | 5 years |
| Annual Renewable Energy Capacity Delivered | Target: several GW cumulative deployment | 5-10 years |
- Revenue mix shift: increase the share of clean-energy product and services revenue relative to legacy environmental segments to drive margin expansion and recurring-services growth.
- Capital allocation: prioritize capex and strategic M&A that accelerate clean energy product lines, software/controls capabilities and overseas market entry.
- ESG-linked financing: pursue debt and project financing products tied to emissions or performance milestones to lower weighted-average cost of capital for large deployments.
- Manufacturing scale-up: optimize production flows and supplier localization to achieve target cost reductions.
- R&D commercialization: shorten time-to-market for smart-energy platforms through modular architectures and standardized interfaces.
- Service ecosystem: build O&M, financing and energy management services to capture lifecycle value and recurring revenue.
- Reporting and transparency: adopt measurable public KPIs for emissions, product lifecycles and social impact to align stakeholders and capital providers.
MYS Group Co., Ltd. (002303.SZ) - Vision Statement
MYS Group Co., Ltd. (002303.SZ) envisions becoming a global leader in precision connection solutions and smart component systems by 2030, delivering products and services that set benchmarks for quality, efficiency, environmental stewardship, and innovation. This vision supports durable competitive advantage through advanced manufacturing, digital transformation, and sustainable value chains that serve automotive, industrial, and consumer electronics markets.- High quality: industry-leading product reliability and first-pass yield targets across factories.
- High efficiency: lean manufacturing and automation driving unit-cost reductions and faster time-to-market.
- Environmental protection: minimizing carbon footprint and material waste while increasing recycled content.
- Innovation: continuous R&D investment, new product platforms, and cross-disciplinary engineering.
| Metric | Target / Recent Performance |
|---|---|
| Annual revenue (FY2023) | RMB 3.58 billion |
| Net profit attributable (FY2023) | RMB 310 million |
| R&D spending (FY2023) | RMB 185 million (≈5.2% of revenue) |
| Gross margin (FY2023) | 28.4% |
| Factory automation rate | Target 70% by 2026; current ~45% |
| CO2 emissions reduction target | 30% reduction vs. 2020 baseline by 2030 |
- Product excellence: stringent quality control (IQC, IPQC, FQC), ISO/TS certifications, and supplier quality programs to sustain >99% shipment pass rates.
- Operational efficiency: deployment of MES, robotics, and TPM programs to shorten lead times and improve labor productivity.
- Sustainability: lifecycle assessment of key products, energy-efficiency upgrades in plants, and increased use of eco-friendly materials to meet regulatory and customer ESG expectations.
- Open innovation: partnerships with tier-1 OEMs, university research centers, and internal incubation to accelerate next-generation connector and sensor solutions.
| Area | Metric | 3-5 Year Goal |
|---|---|---|
| Quality | Customer return rate | Reduce to <0.1% |
| Efficiency | Inventory turnover | Increase to 8x annually |
| Innovation | New product revenue share | ≥30% of revenue from products launched within 3 years |
| Sustainability | Renewable energy use | 50% of electricity from renewables in core plants |
- Maintain R&D investment at 4-6% of revenue to ensure a steady innovation pipeline.
- Allocate capital expenditure (~RMB 250-350 million annually) to automation and capacity expansion where demand warrants.
- Implement energy-saving retrofits and sourcing to achieve targeted emission reductions while preserving margins.
- Customers: delivering higher reliability, shorter lead times, and greener products to maintain and grow share in automotive and industrial markets.
- Investors: sustainable margin expansion through automation and premium product mix; see a detailed financial view here: Breaking Down MYS Group Co., Ltd. Financial Health: Key Insights for Investors
- Employees: career paths in advanced manufacturing, continuous improvement programs, and R&D opportunities tied to the innovation agenda.
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