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Joining Hands with Uni-President, Boosting Productivity Through Technological Innovation Anbao 30th Anniversary Special In early 2000, Anbao officially became a paper product supplier to Taiwan Uni-President Enterprises Corporation. To meet the customer’s stringent production standards, Anbao purchased a complete set of quality management manuals from Uni-President at a cost of 5,000 RMB. Using these manuals as a template, the company established and refined its internal quality management system, laying a solid foundation for its standardized quality control system in the years ahead. Every milestone of Anbao’s growth in the manufacturing industry stems from mutual dedication with its partners. The partnership with Uni-President stands as both recognition of Anbao’s manufacturing capabilities and a critical catalyst driving the company to upgrade its quality control system, pursue technological innovation and expand production capacity.     At that time, Anbao had just transitioned into manufacturing, mainly producing aviation cups, food containers, ice cream cups and single-layer paper bowls, yet it lacked mature production technology for double-layer paper bowls. The outer laminates of Uni-President’s double-layer instant noodle paper bowls initially had to be manually pasted one by one, with a maximum daily output of only 3,600 pieces per worker. As order volumes kept rising, the low efficiency of manual production became a prominent bottleneck, and labor-based output could no longer keep up with supply demands.       To ensure on-time delivery of orders, the factory frequently recruited large numbers of workers at the Jiuyanqiao labor market, and the workshop was filled with staff busy manually attaching outer laminates. Faced with low production efficiency and capacity bottlenecks, the in-house technical team stepped forward to innovate and developed semi-automatic ultrasonic laminating equipment for outer layer attachment. After the equipment was put into operation, the production efficiency of outer laminate processing increased three to four times, fully meeting the client’s demands. This technological innovation delivered a qualitative leap in production modes, completely phasing out the traditional manual laminating process and reshaping Anbao’s entire production workflow.     Partnering with Uni-President, We Resolved Capacity Shortfalls Through Technological Innovation. The spirit of technological innovation forged through this collaboration has become a core component of Anbao’s corporate culture, continuously fueling the company’s long-term growth. Throughout its journey, Anbao has always confronted developmental challenges head-on and upheld technological innovation. With diligent craftsmanship and steadfast dedication, we honor every client’s trust, steadily advancing toward a broader industrial future. — Anbao 30th Anniversary Special · To Be Continued —

In 1999, the Chinese government issued the ban on white disposable foam tableware, imposing strict restrictions on highly polluting foam tableware products. The era of traditional foam tableware came to an end, while eco-friendly paper containers ushered in a booming market opportunity. While engaging in newsprint trading, Chairman Xiao Nan spotted this promising business prospect. At that time, a golden opportunity arose: Sichuan Xinyi Paper Products Co., Ltd., a former joint venture co-founded by listed firm Changjiang Packaging and Mr. Chan from Singapore, suffered successive years of losses due to poor operation and was put up for lease. Having spent years working in state-owned enterprises, Chairman Xiao Nan had long nurtured a dream of running a factory of his own. He therefore leased the plant at an annual rent of 1.48 million RMB, embarking on Anbao’s journey into manufacturing.     The road of entrepreneurship has never been smooth sailing, and crises struck abruptly in the early stage of transformation. The factory suffered a severe loss in its first year of operation, losing more than 700,000 RMB within twelve months. With an annual rental cost of 1.48 million RMB and a loss of over 700,000 RMB, Chairman Xiao Nan did a quick calculation and realized he could have earned more than 700,000 RMB if he had not rented the plant. He thus resolved to build his own factory to fulfill his long-cherished dream. He purchased part of the original equipment from Xinyi and supplemented it with a range of brand-new machinery. Chengdu Anbao Paper Products Co., Ltd. was officially established on September 3, 2001, laying a solid foundation for the enterprise to take root in manufacturing and forge deep into the real industry.     Anbao was an early entrant to the food packaging industry. Back then, the company was equipped with three German Wiemer forming machines, alongside other die-cutters and slitting machines.     However, professional engineers judged that one of the Wiemer forming machines could not be used for paper bowl production at that time. Drawing on his years of experience, Chairman Xiao Nan calculated moisture tension and conducted repeated debugging and trials, and finally succeeded in putting the equipment into formal paper bowl production.       This transformation from trading to manufacturing marked not only a pivotal turning point in the company’s development, but also the fulfillment of Chairman Xiao Nan’s long-cherished dream. It forged Anbao’s corporate spirit of daring to pioneer, striving fearlessly and rising to challenges, writing a magnificent chapter in its thirty-year journey.      — Anbao 30th Anniversary Special · To Be Continued —

Thirty years tempered by time, thirty years of resolute strides. In 1996, as reform and opening-up advanced in depth and the market economy flourished, the story of Anbao officially unfolded amid this great tide of the times. Anbao was born from the bold breakthrough of its founder, Mr. Xiao Nan. Having worked at a state-owned enterprise for many years, Mr. Xiao Nan took a medical leave to recuperate after a sudden illness. Upon his return, he faced a job reassignment. Standing at the crossroads of transformation, he made the resolute decision to embark on the path of entrepreneurship. The early days of the startup were fraught with uncertainty and hardships. Lost and searching for a way forward, he received guidance from Mr. Chan from Hong Kong, who recommended importing newsprint and proposed the brand name: Anbao.     Founder of Anbao: Xiao Nan, Chairman    Chengdu Anbao Trading Co., Ltd. was officially founded on August 7, 1996. The company’s first business consisted of importing newsprint from Russia, marking a brand-new starting point of Anbao’s pursuit of dreams. Cross-border trade in the 1990s carried extremely high risks. Relatives and friends all tried to dissuade Mr. Xiao, fearing he might fall victim to fraud and lose all his capital. This filled Mr. Xiao Nan, a newcomer to import trade, with anxiety. To ensure the smooth execution of the business, he traveled to Shanghai in person and stayed on-site throughout the customs clearance inspection process. At that time, private enterprises were not granted independent import and export qualifications and had to rely on state-owned enterprises to issue letters of credit on their behalf. After extensive coordination and negotiations with multiple parties, the maiden order was successfully completed. An entrepreneurial invoice embodying courage and hope was issued at last.     An old invoice bears witness to the original aspiration of entrepreneurship and laid the foundation for a thirty-year journey. Every forward stride began with that first bold venture. The seed of original aspiration planted back in 1996 has since taken root and sprouted, driving Anbao to forge ahead amid waves and grow toward light, composing an extraordinary industrial epic spanning three decades. — Anbao 30th Anniversary Special · To Be Continued —