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What does "MG" in Chenguang Stationery mean?

Brand logo and interpretation:

Morning light is the rising sun in the morning. It represents hope, vitality and courage.

M&G is the English trademark of M&G Stationery. The red "M" is Chinese red, which means M&G originated from China and continues to absorb nutrients from China's excellent culture; the black "G" is international black, which represents M&G. We will stand on the world stage and spread Chinese culture to the world!

English name: Shanghai Mamp; G Stationery Co., Ltd

I found this name from Baidu Encyclopedia, this name is very cute~