Core Viewpoint - The Zhangjiakou Cigarette Factory is actively pursuing a green transformation in logistics, focusing on integration, intelligence, and sustainability to enhance its operational efficiency and reduce carbon emissions [1][6]. Group 1: Mechanisms for Green Transformation - The factory has established a green low-carbon circular development working group to ensure effective implementation of green initiatives, integrating them into the company's long-term development plan [1]. - A management mechanism has been created to optimize business models and management practices, focusing on cost reduction, quality improvement, and efficiency enhancement [1]. - The company is prioritizing green planning by introducing low-carbon materials and energy-saving equipment, promoting the use of clean energy in logistics and warehousing [1][2]. Group 2: Resource Recycling and Innovation - The factory is conducting research on the recycling of packaging and cigarette boxes, establishing a full-process management ledger to ensure that every box can be reused [2]. - A dynamic sharing mechanism for warehouse capacity and operational linkage has been implemented to optimize space utilization and improve logistics efficiency [2][4]. - The company is transitioning to electric and automated vehicles to create a low-carbon logistics model, collaborating with local businesses to enhance resource circulation [4]. Group 3: Employee Engagement and Cultural Shift - The factory promotes energy-saving habits among employees, fostering a culture of sustainability through various initiatives and educational programs [5][6]. - Specific actions have been taken to convert green concepts into practice, such as implementing a mechanism for exchanging old office supplies and conducting regular energy audits [5]. - Training sessions and workshops are held to encourage employee participation in green initiatives, integrating sustainability into daily work and life [6]. Group 4: Talent Development and Innovation Support - A green logistics think tank has been established to provide training and encourage employees to propose innovative ideas for energy conservation and carbon reduction [6]. - The company collaborates with experts and educational institutions to advance green technology research, allowing employees to engage in practical projects [6]. - The ongoing commitment to green logistics transformation is seen as a response to industry demands and a pathway for the company's high-quality development [6].

Industry Overview - The number of enterprises in the tobacco products industry from January to April 2025 is 153, which is an increase of 4 compared to the same period last year, representing a year-on-year growth of 2.68% [1] - The tobacco products industry accounts for 0.03% of the total industrial enterprises [1] Data Source - The statistics for the tobacco products industry from 2016 to April 2025 are compiled from the National Bureau of Statistics and organized by Zhiyan Consulting [2]

Group 1 - The core viewpoint indicates a decline in the export value of tobacco products in China, with a reported value of 640 million yuan in April 2025, representing a year-on-year decrease of 11.5% [1] - Cumulatively, from January to April 2025, the total export value of tobacco products reached 2.3 billion yuan, showing a year-on-year decline of 14.4% [1] Group 2 - The data source for the statistics is the National Bureau of Statistics, and the information has been organized by Zhiyan Consulting, a leading industry consulting firm in China [2] - Zhiyan Consulting specializes in providing in-depth industry research reports, business plans, feasibility studies, and customized services, focusing on delivering comprehensive industry solutions to empower investment decisions [2]

Core Viewpoint - Guizhou Zhongyan Industrial Co., Ltd. issued a statement clarifying the issue of counterfeit "Moutai" cigarettes labeled as produced by "Guizhou Cigarette Factory," emphasizing that such a factory does not exist in Guizhou Province and that all "Moutai" cigarettes on the market are counterfeit, harming consumer rights and the company's brand image [2] Company Summary - The legitimate cigarette manufacturing enterprise in Guizhou Province is Guizhou Zhongyan Industrial Co., Ltd., and all official cigarette brands are labeled under this company name [2] - The company urges consumers not to purchase counterfeit products and encourages reporting of any counterfeit cigarette products through designated hotlines such as "12313" and "12315," which are established by national authorities to handle consumer complaints [2]

Group 1 - The number of enterprises in the tobacco products industry reached 153 from January to July 2025, an increase of 5 compared to the same period last year, representing a year-on-year growth of 3.38% [1] - The tobacco products industry accounts for 0.03% of the total industrial enterprises [1] Group 2 - The data regarding the number of enterprises in the tobacco products industry from 2016 to July 2025 is compiled and presented in a statistical chart [2] - The source of the data is the National Bureau of Statistics, organized by Zhiyan Consulting, a leading industry consulting firm in China [2]

Group 1 - The core viewpoint indicates a decline in the export value of tobacco products in China, with July 2025 showing a value of 830 million yuan, a year-on-year decrease of 2.7% [1] - Cumulative export value for the tobacco industry from January to July 2025 reached 4.89 billion yuan, reflecting a year-on-year decline of 5.8% [1] - The data is sourced from the National Bureau of Statistics, with analysis provided by Zhiyan Consulting [3]

Economic Performance - Chengdu's industrial added value increased by 8% year-on-year in the first seven months of 2025, with a product sales rate of 96.4% among large-scale industrial enterprises [1] - Out of 37 major industries, 24 experienced growth in added value, with notable increases in automotive manufacturing (22.9%), computer and electronic equipment manufacturing (17.2%), electrical machinery and equipment manufacturing (9.5%), and tobacco products (3.8%) [1] - Key industrial products saw significant production increases, including new energy vehicles (326.2%), smartwatches (135.2%), and lithium-ion batteries (41.4%) [1] Investment Trends - Fixed asset investment in Chengdu (excluding rural households) grew by 4.5% year-on-year, with private investment rising by 5.6% [1] - Investment in the primary industry increased by 18.2%, while the secondary industry saw a growth of 30.4%, with industrial investment specifically growing by 31.0% [1] Consumer Market - The total retail sales of consumer goods in Chengdu reached 654.98 billion yuan, marking a year-on-year growth of 5.9% [2] - Urban retail sales amounted to 573.9 billion yuan (5.8% growth), while rural retail sales were 81.08 billion yuan (6.2% growth) [2] - Notable growth in specific consumer categories included telecommunications equipment (75.8%), gold and jewelry (38.9%), home appliances (30.1%), and sports and entertainment products (19.1%) [2] Financial Sector - By the end of July, Chengdu's financial institutions had a total deposit balance of 6.7481 trillion yuan, reflecting a year-on-year increase of 10.4% [2] - Household deposits reached 3.1334 trillion yuan, growing by 11.9%, while the total loan balance was 7.1545 trillion yuan, also up by 10.4% [2]

Core Viewpoint - Shanghai Shunhao New Materials Technology Co., Ltd. plans to issue shares overseas (H-shares) and list on the Hong Kong Stock Exchange to enhance its global strategy and competitiveness [2] Company Overview - Shunhao Co. was established in 2004 and focuses on four main business areas: research, production, and sales of specialty environmentally friendly paper; printing products; deep processing of industrial hemp; and research, production, and sales of new tobacco products [2] - The company was listed on the Shenzhen Stock Exchange on March 18, 2011, with a current market capitalization exceeding 9.1 billion yuan [2] Financial Performance - In the first half of 2025, Shunhao Co. achieved a revenue of 620 million yuan, a year-on-year decrease of 12.19% - The net profit attributable to shareholders was 33.3 million yuan, representing a year-on-year increase of 23.11% [2] Shareholding Structure - As of June 2025, Shunhao Investment Group Co., Ltd. is the largest shareholder, holding 20.10% of the shares [3] - The actual controller of the company, Wang Zhenglin, holds 100% of the shares of the largest shareholder, and together with Wang Dan, they hold a combined 23.86% [4] Management Changes - In June 2025, several vice presidents, including Zhang Xiaoyong and Hou Ningning, resigned, while three new vice presidents, Ni Li, Xiang Songlin, and Wu Di, were appointed [6] - Ni Li has extensive experience in international trade and has held various managerial positions within the company [6][7]

Core Viewpoint - The introduction of new testing equipment at the Yunnan Tobacco Leaf Re-drying Co., Ltd. Xuanwei Factory marks a significant upgrade in tobacco leaf research, transitioning from traditional methods to a more advanced, multi-dimensional approach that incorporates mechanical and optical properties, thereby enhancing the quality and efficiency of tobacco processing [1][3][11] Group 1: Technological Advancements - The Xuanwei Factory has introduced a texture analyzer and a comprehensive tobacco testing platform, which signifies a shift from basic chemical analysis to a more detailed examination of mechanical characteristics and digital color detection [1][3] - Traditional methods focused on chemical composition and physical structure, but lacked the assessment of mechanical and optical indicators that affect the intrinsic quality of tobacco leaves [3][10] - The new equipment allows for precise measurement of key indicators such as tensile strength, adhesion, penetration strength, shear strength, and leaf stem bonding strength, overcoming the limitations of subjective visual assessments [5][10] Group 2: Data Collaboration - A collaborative database has been established between Xuanwei Factory and Zhejiang Zhongyan, which has enriched the quality characteristics database with over 2,000 sets of mechanical data and 6,000 sets of comprehensive testing data for the 2024 roasting season [7][8] - This data-driven approach enhances the efficiency of formula organization and provides robust support for the potential of "Li Qun" brand raw materials [8][10] Group 3: Process Optimization - The mechanical data obtained from the texture analyzer aids in providing targeted parameter adjustments for the re-drying process, helping to maintain the structural integrity of tobacco leaves and reduce breakage rates [10] - The optical data from the comprehensive testing platform contributes to controlling color stability, ensuring consistent quality in the appearance of finished tobacco products [10][11] - The collaboration between Xuanwei Factory and Zhejiang Zhongyan aims to build a joint research laboratory to further enhance innovation and establish a replicable model for raw material research [10][11]

Core Viewpoint - The article discusses the taxation policies and requirements for various tobacco products, including cigarettes, cigars, and electronic cigarettes, as well as the process for businesses to become tax refund stores for overseas travelers. Taxation Policies - The tax rates for different tobacco products are specified, with the following rates: - Class A cigarettes: 56% + 0.003 yuan per stick - Class B cigarettes: 36% + 0.003 yuan per stick - Cigars: 36% - Tobacco slices: 30% - Electronic cigarettes: 11% [3][4] Tax Collection Stages - Taxes are collected at different stages: - Cigarettes and cigars are taxed at the production (import) stage - Tobacco slices are taxed at the production (import) stage - Electronic cigarettes are taxed at the wholesale stage [3][4] Requirements for Becoming a Tax Refund Store - Businesses must meet four core conditions to qualify as a tax refund store: 1. Must have general VAT taxpayer qualifications 2. Must have a good tax credit rating (A, B, or M level) 3. Must install and use the official tax refund management system 4. Must maintain accurate financial records for tax refund items [15][16][17][18] Application Process - The process to apply for becoming a tax refund store includes: 1. Preparing application materials and filling out the required forms 2. Submitting the application to the tax authority, either directly or through an agent 3. The tax authority will review the application within five working days and notify the business of the outcome [20][22][23] Post-Approval Requirements - After approval, businesses must: - Ensure the tax refund management system operates smoothly - Maintain sales records for tax refund items for at least five years - Display a "Tax Refund Store" sign prominently for identification by overseas travelers [25][26][27][32]