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Tianjin Baolong, a subsidiary of Dayilong (002209.SZ), will shut down production line

Zhitongcaijing·12/26/2025 00:41:00
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Zhitong Finance App News, Dayilong (002209.SZ) announced that Tianjin Baolong Packaging Technology Development Co., Ltd. (“Tianjin Baolong”), a wholly-owned subsidiary of the company, was affected by the strategic layout adjustments of downstream core customers. OEM orders dropped sharply, and profitability showed a downward trend. In order to reduce operating costs and improve operating efficiency, the company plans to shut down the Tianjin Baolong production line and continue to operate by changing the business model according to market conditions.