Supplier of packaging solutions for food, tobacco, and consumer products Shiner International announced that it received a notification letter from The NASDAQ Stock Market informing the Company of its decision to delist the Company from the Nasdaq Stock Market.
Shiner International is engaged in the research and development, manufacture and sale of flexible packaging material and advanced film, and its products include coated packaging film, shrink-wrap film, common packaging film, anti-counterfeit laser holographic film and color-printed packaging materials. Founded in 1990, it is headquartered in Haikou, China.
Approximately 80% of Shiner’s current customers are located in China, with the remainder spanning Southeast Asia, Europe, the Middle East and North America. The company’s flexible packaging meets US FDA requirements, as well as the requirements for food packaging sold in the EU. Shiner’s product manufacturing process is certified under ISO 9001:2000.