On December 2, Geloong Holdings stated on the investor interaction platform that the company is a comprehensive supplier in the dining, fast-moving consumer goods, and tea beverage packaging sectors, a leading enterprise in the global plastics dining utensil manufacturing industry, and a producer of a champion biobased fully biodegradable daily-use plastics product. The company is primarily engaged in the research and development, production, and sales of plastics, fully biodegradable materials and products, and textiles & apparels, and is a high-tech enterprise. The main business includes: plastics, fully biodegradable materials, fully biodegradable products, textiles & apparels, paper products, etc., covering home, fast-moving consumer goods, dining, new tea beverages, coffee, and various consumer scenarios for large enterprises or institutions, aviation, and household daily consumption.
The company does not engage in photovoltaic business. The photovoltaic power generation projects invested in by the company at various manufacturing sites are primarily used for optimizing the company's own energy structure. The company is committed to increasing the proportion of green energy used during production and operation, continuously reducing the environmental impact of energy consumption, and significantly lowering the carbon emissions resulting from energy use.