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Hai Yang Printing Products Limited
Tel: +86-0769 81003990 89776508
Fax: +86-0769 87005169
Factory Address:
2/F, Block 1£¬LUKKA Industrial park, No. 66, South Five Street, DongjiangVillage East Road,Qiaotou town,Dongguan city,Guandong Province,China
HK Address: FLAT/RM A1 11/F WINNER BUILDING 36 MAN YUE STREET HUNG HOM KL
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Market demand for paper to maintain the growth of paper industry is expected to contribute to a stable profit
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Edit£º Browse£º841 Date£º2015-11-16
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Paper earlier due to the devaluation of the RMB against, mainly because of the import raw materials, machinery and foreign debt repayment costs rise. With the stabilization of the RMB, paper earnings stability.
After the Third Plenary Session of the eighteen ushered in a new round of development by leaps and bounds. The overall idea of the reform of state-owned enterprises in order to control the capital and the release of the competitive industry. Light industry is a competitive industry, promoting mixed ownership reform, enhance profitability is the direction of reform.
At the same time, the rapid development of online shopping to drive consumption and logistics mode change, so that the market demand for paper continues to grow, coupled with the industry in the integration phase, whether in terms of price or volume are favorable paper.
Chinese paper industry profit performance for the good, the first 8 months of this year, the industry's total profit 41640000000 yuan, an increase of 5.9%. In addition, first published results of Chenming paper, the first three quarters of profit surge nearly 65%, so the market has been longing to stimulate paper rise in stocks, industry leading nine paper, Lee & man within two weeks were bounced back 49% and 25.5%.
Chenming paper improve ownership structure, financing lease shine. Controlling shareholders of the general assembly through the reduction scheme, after the completion of the capital, management and staff of the total shareholding proportion (54.79%) will be higher than the state-owned assets supervision and Administration Commission of the State Council, the improvement of ownership structure and stability will the future development of the company management brought dividends.
Although the weak demand for paper, but to benefit from the capacity, the paper industry continues to deteriorate the space is small, the company as a leader in the industry, with the size advantage, if the management mechanism to improve, improve operational efficiency, the paper business is expected to contribute to the stability of profits.
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