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Hong Kong stock industry concept tracking | Paper companies have set off a new round of price increases, signaling the industry's bottoming out and rebound (with concept stocks).
Since October, many papermaking companies have carried out one or more rounds of price increases. Recently, more companies have announced price adjustment plans for their multiple facilities, leading to paper enterprises in various regions following suit. The entire papermaking industry has ignited a new wave of price hikes.
C&d newin (00731): Xiang Ting has been appointed as an independent non-executive director.
C&D Newin (00731) announced in a statement that the board of directors declared that Lanzhang Hua will focus on his other business affairs and has resigned...
C&D Newin Paper & Pulp Unit Taps Qingdao Shangneng to Transform Existing Turbine for 15 Million Yuan
C&D Newin Paper & Pulp Announces Key Engineering Contract
C&d newin (00731.HK) entered into a contract with Yuantong Construction
On October 15, Grunhui announced that c&d newin (00731.HK), after the tendering process, on October 15, 2024, Yuetong Paper (the company's indirect wholly-owned subsidiary) entered into a Yuetong Engineering Contract with the general contractor (the bidder). Pursuant to this, Yuetong Paper appointed the general contractor to retrofit its existing steam turbine in accordance with the technical agreement requirements and responsible for engineering design, equipment and ancillary materials procurement, and installation. The consideration under the Yuetong Engineering Contract will be RMB 15,000,000. The company implements an energy saving development strategy, reducing energy costs through equipment upgrades and process optimization.
How is the outlook for the papermaking peak season? Manufacturers are cautiously optimistic, with cost control still being the main theme|Industry News
1. The papermaking peak season has started, and many paper mills hold cautious optimism expectations; 2. The industry was flat in the first three quarters, and the cost advantages of leading paper enterprises are showing; 3. There are many factors causing differences in gross profit of paper enterprises, with inventory management being the ****e pressure of rising paper prices in Q4 still exists, and paper enterprises still need to compete in cost control.
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