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Based on consensus from external analysts. Not Kvantra's opinion.

Shanghai M&G Stationery Inc. specializes in the design, production, and global distribution of a wide array of stationery products, catering to markets within China and across the world. Its extensive product portfolio covers a vast range of office essentials and creative supplies. This includes a full spectrum of writing instruments such as ballpoint, gel, rollerball, and fountain pens, along with mechanical and traditional pencils, markers, and highlighters. The company also offers diverse paper products, including notebooks, various printing and note papers, and sticky labels. For office organization, M&G provides a comprehensive suite of filing solutions, from lever arch files and display books to ID holders, alongside general office tools like calculators, staplers, scissors, and cutting implements. Beyond traditional stationery, the company supplies presentation tools such as whiteboards and laser pointers; a variety of adhesive solutions including glue sticks and multiple types of tapes; and even office machinery like shredders and binding machines. Their offerings extend to school and art supplies, encompassing crayons, paints, and exercise books, as well as essential electronic accessories like power banks and flash drives. Miscellaneous items further include desk lamps, waste bins, and other convenience products. As of December 31, 2021, the company maintained a significant retail presence in China, operating 523 large-format stores, comprising 60 M&G Life outlets and 463 Jiumu stores. In addition to its physical retail network, Shanghai M&G Stationery Inc. actively engages in e-commerce. All its products are marketed under the prominent M&G brand. Established in 1996, the company is headquartered in Shanghai, China, and operates as a subsidiary of M&G Holdings (Group) Co., Ltd.

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