牡丹江恒丰纸业股份有限公司十一届董事会第十七次会议决议暨关于新建绿色印刷项目的公告

Project Overview - The company plans to invest CNY 34,948.81 million in a new green printing project aimed at enhancing its competitiveness in the tobacco sector and diversifying its product offerings [2][4] - The project will produce 800,000 boxes of cigarette labels, reducing reliance on a single product and strengthening the company's competitive edge and risk resilience [4] Board Meeting and Approval - The board of directors held a meeting on February 3, 2026, where all 9 attending directors unanimously approved the investment proposal for the new green printing project [5] Project Details - The project will be located on the existing industrial land adjacent to the company's current facilities [7] - The total investment includes CNY 33,881.78 million for construction, CNY 396.89 million for construction period interest, and CNY 670.14 million for working capital [8] - The project involves constructing a new cigarette label production workshop and associated facilities, with a total building area of 20,917.40 square meters [9] Market Positioning and Feasibility - The tobacco industry shows stable growth, with increasing demand for high-quality and personalized cigarette labels, driven by consumer preferences and stricter environmental regulations [11] - The project targets the core market in Northeast China and aims to expand into North China and Inner Mongolia, leveraging industry expertise to ensure smooth production operations [11] Impact on Company - The new project is expected to enhance the company's market presence, increase production capacity, and drive revenue growth, aligning with the company's long-term development goals [14]