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Shanghai M&G Stationery Manufacturing was established in 1997. It is a stationery company headquartered in Shanghai. It is a leading stationery company in China with more than 38% market share. It was originally known as Shanghai Sino-Korean M&G Stationery Manufacturing Co. Its products include pens, erasers, glue, drawing materials, schoolbags, markers, highlighters, mechanical pencils, notebooks, correction fluid, oil pastels, sticky notes, pencil leads and pen refills. The pens sold by the company include ballpoint, gel, and roller varieties. Its annual business volume is about 2 billion.