SDBH(SH:600966) Zheng Quan Zhi Xing·2025-05-21 09:18Core Viewpoint - Shandong Bohui Paper Industry Co., Ltd. is committed to high-quality development and sustainable practices, focusing on innovation and green transformation in response to challenges in the global economy and the paper industry [1][2][3]. Group 1: Business Performance - In 2024, the company produced 4.5288 million tons of paper, a year-on-year increase of 8.1%, and sold 4.5622 million tons, also reflecting growth [2]. - The net profit for the year reached 176 million yuan [2]. - The company aims to enhance quality and efficiency through innovation and digital transformation, integrating ESG principles into daily management [2][5]. Group 2: Innovation and Technology - The company focuses on four key areas: new products, new technologies, new raw materials, and new processes, driving technological innovation to meet market demands [2][3]. - Bohui has developed environmentally friendly products, including a zero-plastic paper cup technology, which significantly reduces production costs and environmental impact [3][4]. - The company has filed 116 patents and has 61 patents pending, covering various aspects of paper production technology [3]. Group 3: Green Transformation - The company actively promotes green development, investing in energy-saving and pollution-reduction technologies, and aims to achieve near-zero wastewater discharge [13][14]. - Bohui's initiatives include the use of biomass boilers and anaerobic digestion for energy generation, contributing to waste reduction and cost savings [14][15]. - The company has been recognized for its ESG practices, receiving multiple awards for its green innovations and sustainable development efforts [7][19]. Group 4: Market Strategy - The company is expanding its international market presence, particularly in Southeast Asia, the Middle East, and Europe, to mitigate domestic market fluctuations [8][9]. - Bohui has implemented a diversified marketing strategy, participating in international exhibitions and enhancing its brand influence [8]. - The company has achieved a 149% year-on-year increase in sales of certified products in international markets [8]. Group 5: Financial Overview - As of December 31, 2024, the company's total assets amounted to 22.469 billion yuan, with a total liability of 15.669 billion yuan, resulting in an equity of 6.800 billion yuan [26]. - The company plans to distribute a cash dividend of 0.2844 yuan per share, amounting to approximately 35.175 million yuan, which represents 20.01% of the net profit for the year [21][22].