合兴包装：纸浆、废纸是公司上游供应商的生产原材料，公司暂不直接生产原纸

Group 1 - The company, Hexing Packaging (002228.SZ), is currently focused on its core business operations and does not directly produce raw paper at this time [1] - The company acknowledges the rising prices of upstream raw materials such as pulp and waste paper, which are putting pressure on production costs [3] - There is a possibility that the company may consider vertical integration in the future, depending on industry dynamics and feasibility assessments [1] Group 2 - An investor inquired about the potential and challenges of sourcing raw materials like pulp and waste paper from Southeast Asia, where cost advantages exist [3] - The investor also asked if the company has plans to establish raw material production facilities in Southeast Asia for self-sufficiency [3]