Core Viewpoint - Zhongbao New Materials (02439) has seen a stock price increase of over 9%, currently trading at 0.415 HKD, with a transaction volume of 2.54 million HKD. The company anticipates a significant rise in net profit for the fiscal year 2023, projecting an increase from approximately 56.5 million RMB in 2022 to no less than 80 million RMB in 2023, primarily driven by the growth in sales of biodegradable products [1]. Group 1 - The company expects net profit attributable to shareholders to increase from approximately 56.5 million RMB in 2022 to no less than 80 million RMB in 2023 [1]. - The increase in profit is mainly attributed to the growth in revenue from sales of biodegradable roll bags and shopping bags, leading to higher gross margins and reduced listing expenses [1]. - Biodegradable plastic products have become the company's primary source of revenue, contributing over 90% to total income [1]. Group 2 - Zhongbao New Materials initially focused on the development and manufacturing of non-biodegradable automotive plastic parts [1]. - In response to the national "plastic ban" policy implemented in Jilin Province at the end of 2015, the company gradually shifted its business focus towards the development and manufacturing of biodegradable plastic products [1]. - The product range now includes roll bags, shopping bags, packaging stretch films, and masterbatches [1].
港股异动 | 中宝新材(02439)涨超9% 预计2023年度归母净利润同比增加至不少于8000万元