Dividend Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares, totaling approximately 38 million RMB, subject to shareholder approval[5]. - The company has maintained a consistent dividend distribution policy, adjusting the total amount based on changes in share capital[5]. - The company’s cash dividend distribution is contingent upon profitability, with a requirement that the retained earnings at the beginning of the year must be positive[107]. - The company has a cash dividend policy that mandates a minimum of 80% cash distribution during mature stages without major capital expenditures[110]. - The cash dividend distribution was set at 0.26 yuan per share (including tax), totaling 70,615,806.30 yuan, alongside a capital reserve increase of 0.4 shares per share, resulting in 108,639,702 shares being distributed[185]. - In 2019, the company distributed a cash dividend of 2.60 RMB per 10 shares and a stock dividend of 4 shares per 10 shares, totaling 70,615,806.30 RMB, which accounted for 35.01% of the net profit attributable to ordinary shareholders[116]. - In 2018, the cash dividend was 2.00 RMB per 10 shares and a stock dividend of 3 shares per 10 shares, totaling 38,080,000.00 RMB, representing 33.00% of the net profit attributable to ordinary shareholders[116]. Financial Performance - In 2020, the company's operating revenue was CNY 464,167,939.36, a decrease of 30.88% compared to CNY 671,499,238.86 in 2019[24]. - The net profit attributable to shareholders was CNY 71,777,302.46, down 64.41% from CNY 201,689,573.88 in 2019[24]. - The basic earnings per share decreased to CNY 0.19, a decline of 66.07% from CNY 0.56 in 2019[25]. - The weighted average return on equity dropped to 6.03%, a decrease of 17.47 percentage points from 23.50% in 2019[25]. - Cash flow from operating activities was CNY 173,638,772.72, down 20.11% from CNY 217,346,312.94 in 2019[24]. - The company attributed the revenue decline primarily to the impact of COVID-19 and a decrease in product bidding prices[26]. - The company reported a total profit of 12,596,392.00 in the current period, with a significant increase compared to previous periods[30]. Risk Management - The company reported no significant risks affecting its production and operations during the reporting period[8]. - The company emphasizes the importance of risk awareness in its forward-looking statements, advising investors to consider investment risks[6]. - The company faces risks related to high customer concentration, which could impact business volume if major clients' demand decreases[97]. - Fluctuations in raw material prices, such as paper and aluminum, could affect the company's gross margin and profitability[98]. - Increased market competition and the need for supplier qualification may pose challenges for new entrants in the cigarette packaging materials industry[99]. Corporate Governance - The audit report issued by Da Hua Certified Public Accountants confirmed the financial report's authenticity and completeness[4]. - The company has established a sound corporate governance structure in compliance with relevant laws and regulations, ensuring effective internal control systems are in place[198]. - The board of directors has made effective resolutions on key matters such as profit distribution and capital increase, adhering to legal and regulatory requirements[198]. - Independent directors have actively participated in decision-making and maintained the interests of all shareholders without raising objections to board resolutions[199]. - The company has committed to fulfilling all public commitments made during its IPO process, including extending the lock-up period for shares if commitments are not met[133]. Research and Development - The company has over 100 dedicated R&D personnel and has developed dozens of new products annually, strengthening its market position[46]. - The company has achieved significant technological advancements, with 2 products recognized as provincial high-tech products and nearly 100 patents[47]. - The company is focusing on integrating new technologies and processes related to new tobacco products, positioning itself as a key player in the innovation of the tobacco industry[89]. - The company plans to invest in technology innovation and R&D, targeting advancements in printing, inks, and materials to maintain competitive advantages and enhance market capabilities[88]. Market Position and Strategy - The company aims to become a leading professional packaging printing enterprise in China, focusing on tobacco packaging materials, with ongoing efforts to expand its cigarette label business[34]. - The company is actively exploring new technologies and processes related to new tobacco products, having signed a joint venture agreement with Kunming Xuguang Technology Co., Ltd. in November 2018[34]. - The company has established stable partnerships with multiple tobacco companies, including Yunnan Tobacco and Anhui Tobacco, ensuring a solid foundation for future sustainable development[33]. - The company is committed to high-quality development and structural reforms to meet the growing needs of consumers[40]. Financial Management - The company has entrusted a total of ¥460,000,000.00 in non-principal guaranteed financial management, with an expected annualized return of 3.15%[144]. - The company has multiple financial management agreements with various banks, including China Minsheng Bank and China Construction Bank, with varying annualized returns from 2.70% to 3.80%[146]. - The company has no overdue amounts in its financial management agreements, indicating effective cash management[144]. - The company plans to continue its financial management strategy in the future, ensuring liquidity and potential returns[144]. Employee and Management Structure - The company employed a total of 951 staff, with 465 in the parent company and 486 in major subsidiaries[191]. - The employee composition included 452 production personnel, 28 sales personnel, 238 technical personnel, 17 financial personnel, and 216 administrative personnel[191]. - The company has established a tiered training system to enhance employee skills and safety awareness[195]. - The salary structure includes basic salary, performance salary, allowances, overtime pay, and welfare subsidies[194]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 13,406, an increase from 11,450 at the end of the previous month[167]. - Xu Shanshui is the largest shareholder, holding 153,789,500 shares, which represents 40.45% of the total shares[169]. - The company does not have any controlling shareholders or actual controllers, as the largest shareholder is an individual[175]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder alone holding over 40%[169].

2020 年第三季度报告 公司代码：603429 公司简称：集友股份 安徽集友新材料股份有限公司 2020 年第三季度报告 1 / 21 | 目录 | | --- | | 一、重要提示 | | 3 | | --- | --- | --- | | 二、公司基本情况 | | 3 | | 三、重要事项 | | 6 | | 四、附录 | | 9 | 2020 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | 本报告期末 | | 上年度末 | | 本报告期末比上 年度末增减(%) | | | --- | --- | --- | --- | --- | --- | | 总资产 | 1,538,454,911.78 | 1,599,312,031.05 | | | -3.81 | | 归属于上市公司股东的净资产 | 1,165,102,720.51 | 1,173,835,128.82 | | | -0.74 | | 年初至报告期末 | | 上年初至上年报告期 | | 比上年同期增减 | | | （1-9 | 月） | 末（1-9 | 月） | (%) | | | 经营活 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥208,880,203.37, a decrease of 28.24% compared to ¥291,081,970.78 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2020 was ¥26,316,687.76, down 65.54% from ¥76,362,014.37 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,956,649.88, a decline of 69.48% compared to ¥71,934,367.64 in the same period last year[21]. - The net cash flow from operating activities was ¥84,353,862.06, which is a decrease of 45.16% from ¥153,820,591.61 in the previous year[21]. - Basic earnings per share decreased by 68.18% to CNY 0.07 compared to CNY 0.22 in the same period last year[23]. - Net profit attributable to shareholders decreased by 65.54%, primarily due to the impact of COVID-19 and declining bidding prices in certain markets[23]. - Net cash flow from operating activities decreased by 45.16%, mainly due to reduced sales collections[23]. - Diluted earnings per share also decreased by 68.18% to CNY 0.07 from CNY 0.22 year-on-year[24]. - The weighted average return on equity dropped by 9.63 percentage points to 2.20% from 11.83% in the previous year[23]. - Total revenue for the period was ¥208,880,203.37, down 28.24% year-on-year, with a 45.30% decline in the first quarter and a 9.24% decline in the second quarter[56]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,680,304,073.46, an increase of 5.06% from ¥1,599,312,031.05 at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,147,987,710.26, a decrease of 2.20% from ¥1,173,835,128.82 at the end of the previous year[21]. - The company's accounts receivable increased by 139.63% compared to the previous period, primarily due to an increase in bill settlements during the reporting period[44]. - The company reported a 49.43% decrease in accounts receivable, attributed to a reduction in sales revenue during the reporting period[45]. - The company has seen a 521.04% increase in other current assets, mainly due to an increase in purchased financial products during the reporting period[45]. - The company has increased its prepayments by 40.18%, reflecting a rise in advance payments for materials during the reporting period[45]. - The total liabilities reached CNY 478,917,685.57, up from CNY 380,595,577.73, marking an increase of approximately 26%[130]. - Total liabilities decreased to CNY 474,693,982.74 as of June 30, 2020, compared to CNY 541,092,887.94 at the end of 2019, representing a decline of 12.3%[135]. Research and Development - The company has over 100 dedicated R&D personnel and has achieved significant technological advancements, including 80+ patents and recognition of 2 products as provincial high-tech products[47]. - Research and development expenses increased by 34.47% to ¥21,907,567.80, reflecting a commitment to innovation[60]. - The company is actively exploring new technologies and processes in the new tobacco sector, having established a joint venture for research and development[32]. Market Position and Strategy - The company has established stable partnerships with multiple tobacco companies, including Yunnan Tobacco and Anhui Tobacco, enhancing its market position in the cigarette packaging sector[30]. - The company has successfully entered the cigarette label business, winning bids from several major tobacco companies, indicating potential for growth in this segment[31]. - The company is focusing on optimizing its product structure and enhancing supply chain efficiency to support sustainable growth in the tobacco industry[41]. - The company is positioned to capitalize on the tobacco industry's stable development and the "new level of cigarettes" initiative during the 13th Five-Year Plan[43]. - The company plans to enhance design innovation and research efforts to mitigate the impact of COVID-19 on its operations[54]. Risks and Challenges - There were no significant risks that materially affected the company's production and operations during the reporting period[6]. - The company has a high customer concentration risk, focusing on a few major clients, which could impact business if demand decreases[67]. - The company faces risks from fluctuations in the prices of key raw materials, which could affect profit margins and overall profitability[68]. - The competitive landscape has intensified, with stringent supplier qualification processes for tobacco packaging materials, creating high market entry barriers[69]. - The company reported challenges in the cigarette packaging industry due to global pandemic impacts and increased competition, leading to potential price reductions affecting economic benefits[70]. - The tobacco industry faces risks from stricter smoking regulations and potential changes in tobacco monopoly policies, which could adversely affect the company if it fails to adapt[72]. Shareholder and Governance - The company did not distribute profits or implement capital reserve transfers to increase share capital for the first half of 2020[4]. - Major shareholders have committed to not engaging in any similar business activities that could harm the company's interests for a period of five years[82]. - The company will ensure that any related party transactions are conducted at fair market prices and will disclose such transactions as required by law[84]. - The company has appointed Da Hua Accounting Firm as the auditor for the fiscal year 2020, following the approval at the 2019 annual general meeting[94]. - The company has committed to avoiding any related party transactions that are not fair and will ensure compliance with legal and regulatory requirements[84]. Financial Reporting and Compliance - The company adheres to the accounting standards for enterprises, ensuring that financial statements accurately reflect its financial position and operating results[169]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts about the company's ability to continue operations[167]. - The company uses RMB as its functional currency for accounting purposes[172]. - The company evaluates its continuous operating capability at the end of the reporting period and has not identified any significant issues[167]. - The company’s financial reports include consolidated financial statements that reflect the overall financial status and results of operations of the entire corporate group[180].

2020 年第一季度报告 公司代码：603429 公司简称：集友股份 安徽集友新材料股份有限公司 2020 年第一季度报告 1 / 19 | 一、 | 重要提示 | | 3 | | --- | --- | --- | --- | | 二、 | 公司基本情况 | | 3 | | 三、 | 重要事项 | | 6 | | 四、 | 附录 | | 8 | 2020 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不 存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人徐善水、主管会计工作负责人周少俊及会计机构负责人（会计主管人员）吴正兴保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上 年度末增减(%) | | | --- | --- | --- | --- | --- | | 总资产 | 1,764,267,632. ...

Financial Performance - Operating revenue for 2019 was CNY 671,499,238.86, an increase of 46.49% compared to 2018[23]. - Net profit attributable to shareholders increased by 74.76% to CNY 201,689,573.88 in 2019[23]. - Net profit attributable to shareholders after deducting non-recurring gains and losses rose by 48.81% to CNY 160,042,962.91[23]. - Cash flow from operating activities increased by 88.11% to CNY 217,346,312.94[23]. - Net assets attributable to shareholders grew by 89.30% to CNY 1,173,835,128.82 at the end of 2019[23]. - Total assets increased by 55.27% to CNY 1,599,312,031.05[23]. - Basic earnings per share rose by 68.09% to CNY 0.79 in 2019[24]. - The weighted average return on equity increased by 3.46 percentage points to 23.50%[24]. - The company reported a significant increase in sales of cigarette labels as a primary driver for revenue growth[28]. - The company achieved a sales revenue of 346.71 million RMB from cigarette labels in 2019, accounting for 51.63% of total operating income, marking it as a significant revenue source after cigarette packaging paper[34]. Capital Structure and Dividends - The company plans to distribute a cash dividend of 2.6 RMB per 10 shares and to increase capital by 4 shares for every 10 shares held, totaling 70,615,806.30 RMB in cash dividends and 108,639,702 shares in capital increase[5]. - The total number of shares after the capital increase will be 380,238,957 shares[5]. - The company has a cash dividend policy that mandates a minimum of 30% of the average distributable profit over the last three years to be distributed as cash dividends[109]. - In the absence of significant capital expenditure plans, the company aims for cash dividends to constitute at least 80% of profit distribution during mature development stages[111]. - The net profit attributable to ordinary shareholders for 2019 was 201,689,573.88 CNY, with a profit distribution ratio of 35.01%[122]. Market Position and Strategy - The company operates in the new materials sector, focusing on packaging products for the tobacco industry[14]. - The company has established stable partnerships with multiple major tobacco companies, including Yunnan Tobacco and Anhui Tobacco, ensuring a solid foundation for future sustainable development[33]. - The company is actively exploring new tobacco-related technologies and innovations to enhance its competitive edge in the market[35]. - The company plans to continue expanding its market presence in the cigarette label sector as part of its strategic goals[56]. - The company aims to become a leading professional packaging printing enterprise in China, focusing on the research, production, and sales of cigarette packaging materials[88]. Research and Development - The company has a strong R&D team with over 100 dedicated personnel, contributing to the development of dozens of new products annually, enhancing its competitive edge[47]. - The company has achieved 80+ patents and has been recognized for 2 provincial high-tech products and 7 new products, showcasing its innovation capabilities[47]. - Total R&D expenditure amounted to ¥36,300,650.59, representing 5.41% of operating revenue, with 144 R&D personnel, making up 13.83% of total staff[72]. - The company plans to strengthen its technical foundation in cigarette rolling paper and labels through ongoing R&D efforts, focusing on new technologies, products, and materials[90]. Risks and Challenges - The company faces risks related to high customer concentration and fluctuations in raw material prices, which could impact its business performance[99][100]. - The domestic growth potential for cigarette packaging products is limited due to regulatory controls on cigarette production and sales, which may impact future revenue growth[103]. - The company faces risks from intensified market competition if tobacco customers lower entry barriers and increase the number of suppliers for cigarette wrapping paper and labels[102]. Governance and Compliance - The company has a structured process for reviewing and approving profit distribution plans, requiring approval from the board and a two-thirds majority of independent directors[114]. - The company has committed to avoiding any business competition with its subsidiaries and affiliates post-acquisition[129]. - The company has established a framework for equity incentives to align the interests of management and shareholders[128]. - The company guarantees that any related party transactions will be fair and conducted according to normal commercial practices[132]. Shareholder Information - The largest shareholder, Xu Shanshui, holds 120,666,000 shares, representing 45.34% of the total shares, with 36,289,500 shares pledged[183]. - The total number of shares held by the top ten unrestricted shareholders amounts to 56,000,000 shares, with Yu Yongheng and Yao Fazheng each holding 12,994,800 shares[184]. - The total remuneration for all directors, supervisors, and senior management was 4.2177 million yuan[200]. - The company has seen changes in its supervisory board, with new appointments and departures noted in the report[196].

安徽集友新材料股份有限公司 机构投资者调研记录 一、机构调研情况 调研时间：2019 年 10 月 25 日 调研地点：公司八楼会议室 调研形式：现场接待 调研机构：光大永明资产、建信基金、上海昊青资管、国泰基金、天风证券、 沣谊投资、华宝基金、国海证券、银华基金、浦泓投资、浦银安盛基金、建信养 老金、富舜资产、由榕资本、望正资本、前海开源基金、上海磐安资产、广发证 券、南方基金、中健国康、融通基金、交银施罗德基金、上海智尔投资、东吴证 券、鼎峰资产、方正证券、东北证券、中信建投证券、中信证券、海通证券、中 银国际证券、长江证券、石锋资产、太平基金 公司接待人员：董事长徐善水、总裁郭曙光、董秘刘力争、总裁助理杨李望 二、调研行程安排 2019 年 10 月 25 日上午参观合肥烟用接装纸生产工厂、下午参观太湖烟标 生产工厂，参观完成后进行现场交流。 三、交流的主要问题及答复 1、问：公司在 2019 年前三季度只实现 1 亿元的净利润，按公司规划，预计 全年完成 2 亿元左右的净利润，请问如何在第四季度实现近 1 亿元的利润？ 答：受季节变化和卷烟消费节日效应的影响，烟标与接装纸行业表现出一定 的季节性特征。 ...

2019 年第三季度报告 公司代码：603429 公司简称：集友股份 安徽集友新材料股份有限公司 2019 年第三季度报告 1 / 26 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2019 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上 | | --- | --- | --- | --- | | | | | 年度末增减(%) | | 总资产 | 1,430,542,158.74 | 1,030,005,944.47 | 38.89 | | 归属于上市公司股东的净资产 | 1,072,639,737.02 | 620,081,24 ...

安徽集友新材料股份有限公司 机构投资者调研记录 一、机构调研情况 调研时间：2019 年 8 月 13 日下午 调研地点：公司三楼会议室 调研形式：现场接待 调研机构：东证资管、汇利资产、天风证券、交银施罗德基金、东吴证券、 中健国康投资、浙江雨融资管、中欧基金、海富通基金、建信基金、中信建投证 券、广发证券、国寿安保基金、浦银安盛基金、华夏基金、万家基金、建信养老、 前海开源基金、兴业证券、方正富邦基金、安信证券、华宝基金、华富基金、平 安基金、凯丰投资、中信资管、中山证券、趣时资产、海通证券、诺德基金、华 夏未来、厚伟润成投资、东北证券、国泰基金、上投摩根基金、方正证券、浙商 证券、中泰证券、国元证券 公司接待人员：董事长徐善水、总裁郭曙光、财务总监周少俊、董秘刘力争、 产品研发总经理胡雪 二、调研内容 （一）公司概况 会议开始，董事长徐善水先生与总裁郭曙光先生简要介绍了公司情况：集友 股份的传统业务为烟用接装纸。上市后，通过并购陕西大风科技和在太湖新建烟 标生产线进入烟标领域。在做好烟草包装业务（烟用接装纸和烟标）的同时，积 极拓展均质化薄片新型烟草业务。 产品研发总经理胡雪介绍产品研发情况，公司整合集 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 291,081,970.78, representing a 57.75% increase compared to CNY 184,518,527.45 in the same period last year[21]. - The net profit attributable to shareholders of the listed company reached CNY 76,362,014.37, up 40.78% from CNY 54,243,666.31 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 71,934,367.64, reflecting a 49.28% increase from CNY 48,188,984.51 year-on-year[21]. - Basic earnings per share increased by 40.80% to CNY 0.3085 compared to the same period last year[23]. - Net profit attributable to shareholders increased by 40.78% to CNY 123.45 million, driven by a 57.75% increase in operating revenue[23]. - Operating cash flow increased by 107.07%, primarily due to increased sales collections[23]. - The weighted average return on equity rose by 2.13 percentage points to 11.83%[23]. Cash Flow and Assets - The net cash flow from operating activities was CNY 153,820,591.61, which is a significant increase of 107.07% compared to CNY 74,284,760.28 in the same period last year[21]. - Total assets at the end of the reporting period amounted to CNY 1,036,587,448.93, showing a slight increase of 0.64% from CNY 1,030,005,944.47 at the end of the previous year[21]. - The company's cash and cash equivalents decreased by 33.96% compared to the previous period, primarily due to investments in refinancing projects and financial products[43]. - The ending balance of cash and cash equivalents was CNY 63,776,606.03, a decrease from CNY 50,247,268.42 in the previous period[145]. Business Operations and Strategy - The company has formed stable partnerships with multiple tobacco companies, ensuring a solid foundation for future growth[29]. - The company aims to enhance its market position by expanding its customer base for cigarette paper and optimizing product structures for existing clients during the "13th Five-Year Plan" period[42]. - The company has established a new cigarette label production line and successfully integrated with the acquired Da Feng Technology, enhancing its competitive edge in the market[42]. - The company is actively expanding its market presence in the cigarette packaging materials sector, leveraging nearly 20 years of industry experience[72]. Research and Development - The company has over 100 dedicated R&D personnel and has achieved significant technological advancements, including 70+ patents and several products recognized as high-tech products[47]. - Research and development expenses increased by 74.50% to ¥16,292,283.61, reflecting a focus on innovation and product development[60]. - The company is committed to innovation-driven development, aligning with the industry's shift towards quality improvement and structural optimization[40]. Risks and Challenges - There are no significant risks that could materially affect the company's production and operations during the reporting period[6]. - The company faces risks related to high customer concentration, which may impact business volume if major clients' demand decreases[69]. - The company is exposed to risks from fluctuations in the prices of key raw materials, which can affect gross margins and profit levels[70]. - Recent anti-smoking regulations and policies may impact the tobacco industry, potentially affecting the cigarette packaging sector[74]. Shareholder Information - The company does not plan to distribute profits or implement capital reserve transfers to increase share capital for the first half of 2019[4]. - Major shareholders are optimistic about the company's long-term prospects and may adjust their holdings based on personal financial conditions and stock price trends[87]. - The lock-up period for shares held by major shareholders is set for 36 months, extendable to 42 months if stock prices fall below the IPO price[85][86]. Corporate Governance - The company has committed to avoiding competition with its own subsidiaries and affiliates, ensuring no direct or indirect business competition[82]. - The company guarantees that any related party transactions will be fair and conducted according to normal commercial practices[84]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[6]. Social Responsibility - The company plans to invest all raised funds in projects located in the national-level poverty-stricken county of Taihu County, contributing to local economic development[99]. - The company has pledged to provide up to 1 million RMB annually to support five impoverished villages from 2017 to 2019[100]. - The total investment in poverty alleviation projects amounts to 5.2611 million RMB, with three specific projects initiated[101]. Financial Reporting and Compliance - The report has not been audited, but the management guarantees its accuracy and completeness[7]. - The company adheres to the enterprise accounting standards, ensuring that the financial statements accurately reflect its financial position and operating results[165]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts about the company's ability to continue operations in the next 12 months[163].

安徽集友新材料股份有限公司 机构投资者调研记录 一、机构调研情况 调研时间：2019 年 7 月 23 日下午 调研地点：集友股份办公楼六楼会议室 调研形式：现场接待 调研机构：东方证券、国泰基金、天风证券、融通基金、准锦投资 公司接待人员：董事长徐善水、总裁郭曙光、财务总监周少俊 二、调研内容 （一）公司概况 会议开始，董事长徐善水先生与总裁郭曙光先生简要介绍了公司情况：集友 股份的传统业务烟用接装纸。上市后，通过并购陕西大风和在太湖新建烟标生产 线进入烟标领域。在做好烟草包装业务（烟用接装纸和烟标）的同时，我们积极 开拓新的业务比如均质化薄片。 （二）交流的主要问题及答复 1、问：请介绍烟标产业布局情况? 答：公司目前烟标生产基地为太湖和陕西，去年在安徽中烟、云南中烟、陕 西中烟的产品招标中中标，2018 年实现烟标销售收入 1.57 亿元，烟标业务已成 为继烟用接装纸后又一重要收入来源。2019 年我们将继续依托自身的研发能力、 稳定的产品质量和较高的服务水平，利用行业整合的机遇和自身优势，进一步开 拓新的市场。 2、问：公司传统业务烟用接装纸的发展思路？ 答：公司将继续发挥烟用接装纸的研发优势，稳步提 ...