Xianhe(SH:603733) Shang Hai Zheng Quan Bao·2025-04-29 15:36Group 1 - The company plans to distribute a cash dividend of RMB 0.50 per share, totaling approximately RMB 352.99 million, which represents 35.16% of the net profit attributable to shareholders for the year 2024 [4] - The company achieved a revenue of RMB 1,027.36 million, a year-on-year increase of 20.11%, and a net profit of RMB 100.38 million, up 51.23% compared to the previous year [13][13] - The company operates in the paper and paper products industry, focusing on high-performance paper-based functional materials and their raw materials [8][9] Group 2 - The paper industry in China showed strong growth in 2024, with production of mechanical paper and cardboard reaching 15.85 million tons, a year-on-year increase of 10%, marking the highest growth rate in nearly 12 years [5] - The average import cost of pulp in 2024 was USD 652 per ton, reflecting only a 1% increase from 2023, indicating stable pricing despite increased demand [5] - Energy costs in the paper industry decreased, with coal prices dropping by 12% year-on-year, attributed to oversupply and reduced demand from traditional power generation [6] Group 3 - The company has a diverse product range, including food and medical packaging materials, tobacco industry support materials, home decoration materials, and industrial use papers, with a strong market presence in each segment [9][10][11] - The food and medical packaging materials segment is experiencing rapid market growth due to rising consumer safety and environmental concerns [9] - The company is actively expanding its production capacity for release paper and high-demand materials to meet the growing market needs [12]