恒丰纸业(600356.SH)：拟投资3.49亿元新建绿色印刷项目

Core Viewpoint - Hengfeng Paper (600356.SH) aims to enhance its competitiveness in the tobacco sector and accelerate its diversification strategy by investing CNY 34,948.81 million in a new green printing project to produce 800,000 boxes of cigarette labels [1] Investment Details - The investment will facilitate the expansion into products beyond tobacco, reducing reliance on a single product type and strengthening the company's competitive edge and risk resilience [1] - The project is expected to have a construction period of 20 months, from April 2026 to December 2027 [1] Project Specifications - A new cigarette label production workshop will be built, featuring a single-layer frame structure with a building area of 20,917.40 square meters [1] - A finished goods warehouse will be constructed, also a single-layer frame structure, with a building area of 8,064 square meters [1] - An additional warehouse will be built with a building area of 242.44 square meters, along with a guardhouse of 32 square meters and supporting site engineering [1] - The project will include the purchase and installation of a complete cigarette label printing production line, designed for an annual production capacity of 800,000 boxes [1]