Dividend and Shareholder Matters - The board of directors proposed not to distribute a final dividend for the year 2022, pending approval at the annual general meeting on May 12, 2023[3]. - The company will not issue cash dividends, bonus shares, or convert reserves into share capital for the year 2022[5]. - The company plans to suspend share transfer registration from May 9 to May 12, 2023, to determine the list of H-share shareholders entitled to attend the annual general meeting[3]. - As of December 31, 2022, the company's available reserves for cash distribution and/or physical distribution amounted to RMB 9,857,716,037.54, an increase from RMB 9,760,083,766.83 in 2021[114]. - The company has not proposed any capital reserve transfer to increase share capital for the reporting period[189]. Financial Performance - The company's operating revenue for 2022 was CNY 32,004,367,320.91, a decrease of 3.08% compared to CNY 33,019,812,294.14 in 2021[15]. - Net profit attributable to shareholders for 2022 was CNY 189,290,120.82, reflecting a significant decline of 90.84% from CNY 2,065,513,108.71 in the previous year[15]. - The net cash flow from operating activities decreased by 59.80% to CNY 3,449,824,242.37, down from CNY 8,581,888,192.64 in 2021[15]. - Basic earnings per share dropped to CNY 0.03, a decrease of 94.64% compared to CNY 0.56 in 2021[15]. - The company reported a significant decline in net profit attributable to shareholders compared to the previous year, primarily due to insufficient domestic market demand and rising costs of raw materials such as wood chips and chemicals[108]. Risk Management and Future Outlook - The company faced risks from macroeconomic fluctuations, national policies, regulations, and industry competition, which may impact future development[5]. - The company will continue to monitor and address potential risks in its future development strategies[5]. - The company has indicated uncertainty regarding its ability to continue as a going concern, as reflected in the audit report for the most recent year[16]. - The company anticipates a recovery in industry profitability as domestic paper prices stabilize and major enterprises announce price increases[92]. - The company is focusing on optimizing product structure towards high-end, environmentally friendly, lightweight, and customized products to meet rising consumer quality demands[92]. Operational Efficiency and Production Capacity - The company has an annual pulp and paper production capacity of over 11 million tons, making it the only paper enterprise in China to achieve a balance between pulp and paper production capacity[45]. - The company achieved a production capacity of 11 million tons of pulp and paper annually, benefiting from economies of scale and reducing marginal costs[48]. - The company has established production bases in key markets such as Shandong, Guangdong, Jiangxi, Hubei, and Jilin, significantly reducing transportation costs and improving service efficiency[50]. - The company has implemented a clean production strategy, focusing on energy conservation and emission reduction to build a resource-saving and environmentally friendly enterprise[40]. - The company is committed to improving basic management and operational efficiency, focusing on team building and employee training to enhance human capital management[99]. Research and Development - The company has obtained over 380 national patent authorizations, enhancing its research and development capabilities[27]. - The company has developed over 200 varieties of paper products, covering seven series, and holds a leading market share in several categories[32]. - The company is in the industrialization phase for several R&D projects, including high-strength journal paper technology, which aims to enhance product quality and market share[71]. - R&D investment amounted to CNY 1,290,281,540.10 in 2022, a decrease of 11.25% from CNY 1,453,766,371.46 in 2021, representing 4.03% of operating revenue[73]. - The number of R&D personnel decreased by 27.89% to 1,370 in 2022 from 1,900 in 2021, with the proportion of R&D personnel in total workforce dropping to 12.62%[72]. Corporate Governance - The company has a strong governance structure with a supervisory board chaired by Li Kang, who has been with the company since 2001 and oversees the inspection department[164]. - The board of directors consists of 11 members, including 4 independent directors, ensuring high-quality decision-making; the board held 12 meetings during the reporting period[147]. - The company ensures equal treatment of all shareholders during general meetings, providing both on-site and online voting options, and guarantees that minority shareholders' votes are counted separately[145]. - The company has confirmed the independence of its independent non-executive directors as per the Hong Kong Listing Rules[120]. - The company has established a remuneration and assessment committee responsible for setting evaluation standards for non-independent directors and senior management[172]. Environmental and Social Responsibility - The company is committed to green development, improving resource utilization efficiency and pollution prevention[28]. - The company has invested over RMB 8 billion in environmental protection initiatives, implementing advanced pollution control systems and achieving leading environmental indicators[54]. - The company is actively exploring resource recycling and circular economy models to enhance environmental sustainability[102]. - The management team emphasized a commitment to sustainability, aiming for a 40% reduction in carbon emissions by 2025[163]. - The company donated RMB 805,000 to non-profit organizations during the year, compared to RMB 1,142,550 in 2021[111]. Market and Competitive Position - The company has significantly increased its overseas market sales, further optimizing its global sales network[45]. - The company is positioned to benefit from new opportunities in overseas markets as international supply of paper products decreases[92]. - The company plans to enhance its competitive edge through mergers, acquisitions, and joint ventures, further increasing industry concentration[92]. - The company has been recognized as one of the "Top 500 Most Valuable Brands in China" in 2022, showcasing its strong brand value[32]. - The company is focused on becoming a leading player in the paper industry, aiming to build a billion-dollar enterprise and enhance its global competitiveness[93].

证券代码：000488 200488 证券简称：晨鸣纸业 晨鸣 B 公告编号：2023-027 山东晨鸣纸业集团股份有限公司 （二）投资者可于 2023 年 4 月 7 日（星期五）12:00 前访问（https://ir.p5w.net/zj）进 入问题征集专题页面进行提问。公司将会于业绩说明会上对投资者普遍关注的问题进行回 答。 关于举行 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示： 一、业绩说明会类型 业绩说明会通过网络互动、文字问答方式召开，公司将针对 2022 年年度业绩和经营情 况与投资者进行交流。 二、业绩说明会召开的时间、地点 三、参会人员 公司董事长兼总经理陈洪国先生、独立非执行董事孙剑非先生、财务总监董连明先生 以及董事会秘书袁西坤先生。 四、投资者参加方式 （一）投资者可于 2023 年 4 月 10 日 15:00-16:00 登陆"全景网·投资者关系互动平台" （http://ir.p5w.net）参与业绩说明会，公司将通过该平台及时回答投资者的提问。 会议召开时间：2023 年 ...

证券代码：000488、200488 证券简称：晨鸣纸业、晨鸣 B 山东晨鸣纸业集团股份有限公司 投资者关系活动记录表 编号：2014-007 | --- | --- | --- | |----------------|------------------------------|--------------------------------------------------| | | | | | 投资者关系活动 | √ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □ 其他 | | 参与单位名称及 | 东兴证券股份有限公司 | | | 人员姓名 | 万力 | | | 时间 | 2014 年 7 月 23 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 证券事务代表 | | | 员姓名 | | 资本运营部、营销部、财务部等部门人员 | | 投资者关系活动 | 一、签署《承诺书》。 | | | 主要内容介绍 | | 二、采取问答方式，由公司相关负责人回答： | | | 1 | ...

证券代码：000488、200488 证券简称：晨鸣纸业、晨鸣 B 山东晨鸣纸业集团股份有限公司 投资者关系活动记录表 编号：2014-009 | --- | --- | --- | |----------------|------------------------------|------------------------------------------| | | | | | 投资者关系活动 | □ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | √ 电话会议 | | 参与单位名称及 | 里昂证券有限公司 | | | 人员姓名 | 李锦超 | | | 时间 | 2014 年 12 月 1 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 证券事务代表 | | | 员姓名 | 资本运营部等部门人员 | | | 投资者关系活动 | 一、签署《承诺书》。 | | | 主要内容介绍 | | 二、采取问答方式，由公司相关负责人回答： | | | 1 | 、目前造纸行业的现状和公司情况 ...

证券代码：000488、200488 证券简称：晨鸣纸业、晨鸣 B 山东晨鸣纸业集团股份有限公司 投资者关系活动记录表 编号：2015-003 | --- | --- | --- | |----------------|------------------------------|------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 □分析师会议 | | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □ 电话会议 | | 参与单位名称及 | 才华资本管理公司 | | | 人员姓名 | 李灿 | | | 时间 | 2015 年 1 月 28 日 | | | 地点 | 公司会议室 | | | 上市公司接待人 | 资本运营部工作人员 | | | 员姓名 | | | | 投资者关系活动 | 一、签署《承诺书》。 | | | 主要内容介绍 | | 二、采取问答方式，由公司相关负责人回答： | | | 1. | 公司预期纸的价格走势如何？ | | --- | ...

证券代码：000488、200488 证券简称：晨鸣纸业、晨鸣 B 山东晨鸣纸业集团股份有限公司 投资者关系活动记录表 编号：2015-001 | --- | --- | --- | |----------------|-------------------------|--------------------------------------------| | | | | | 投资者关系活动 | √ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □ 电话会议 | | 参与单位名称及 | | 国泰君安：穆方舟、吴冉劼、于晖、杜丽娟 | | 人员姓名 时间 | 2014 年 1 月 13 | 日上午 9：30-11：45 | | | | | | 地点 | 公司会议室 | | | 上市公司接待人 | | 董事会秘书、集团副总经理：王春方； | | 员姓名 | | 证券事务代表、集团资本运营部部长：肖鹏 | | 投资者关系活动 | 一、签署《承诺书》。 | | | 主要内容介绍 | | 二、采取问答方式， ...

证券代码：000488、200488 证券简称：晨鸣纸业、晨鸣 B 山东晨鸣纸业集团股份有限公司 投资者关系活动记录表 编号：2015-002 | --- | --- | --- | |----------------|-----------------------------|------------| | | | | | 投资者关系活动 | √ 特定对象调研 □分析师会议 | | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □ 电话会议 | | 参与单位名称及 | 申银万国： 周海晨、范张翔； | | | 人员姓名 | 交银施罗德：艾菁； | | | | 华安基金： 钱坤； | | | | 国联安基金：王园园； | | | | 富国基金： 边柞而； | | | | 中欧基金： 尹诚庸； | | | | 诺安基金： 熊林； | | | | 太平洋保险：向涛； | | | | 华富基金： 包思遥； | | | | 财通证券： 王一成； | | | | 国海富兰克林基金：龚旻鹤； | | | | 宝盈基金： 方佳佳； | | | --- ...