MCC Meili Cloud Computing Industry Investment Co Ltd Overview
MCC Meili Cloud Computing Industry Investment Co., Ltd., a company based in Zhongwei County, China, operates within the materials sector, specifically focusing on paper and forest products. The company is renowned for its manufacturing and marketing of a diverse array of paper products. In addition to its core business, MCC Meili extends its services to include cloud platform infrastructure and related offerings.
Financial Snapshot
As of April 27, 2025, MCC Meili’s stock closed at 12.32 CNH on the Shenzhen Stock Exchange. The company’s market capitalization stands at 8,070,000,000 CNH. Over the past year, the stock has experienced significant fluctuations, reaching a 52-week high of 17.47 on March 17, 2025, and a low of 6.61 on July 24, 2024. The price-to-earnings ratio is currently at -15.06, indicating potential challenges in profitability.
Business Operations
MCC Meili’s primary operations revolve around the production and distribution of paper products. The company leverages its expertise in the paper and forest products industry to maintain a competitive edge. Additionally, MCC Meili has diversified its portfolio by investing in cloud computing infrastructure, aligning with the growing demand for digital solutions.
Market Presence
Listed on the Shenzhen Stock Exchange since April 27, 1998, MCC Meili has established a significant presence in the market. The company’s website, www.china-meili.com , serves as a portal for information on its products and services.
Conclusion
MCC Meili Cloud Computing Industry Investment Co., Ltd. continues to navigate the challenges and opportunities within the materials sector, balancing its traditional paper product offerings with innovative cloud computing services. Despite recent financial indicators suggesting profitability concerns, the company remains a key player in its industry.