Group 1: Company Overview - The company was established in 1997 and has developed its business across plastic packaging, military electronics, and film capacitor industries over more than 20 years [1] - Initially focused on electronic manufacturing packaging, the company quickly became a leading supplier serving major international manufacturers like Foxconn [1] - The plastic packaging business has shown steady growth, achieving revenue of 1.16 billion yuan with a year-on-year increase of 7.1% [1] Group 2: Marine Equipment Industry - The marine equipment sector is entering a high growth phase, with significant defense spending increases, including the U.S. Navy's plan to purchase 293 combat ships over the next 30 years [2] - China's government has highlighted "deep-sea technology" in its work report, indicating a commitment to deep-sea equipment development [2] - The subsidiary, China Electronics Huazhong, focuses on ship electronic information, covering research, production, sales, and technical services [2] Group 3: Film Capacitor Business - The film capacitor business is accelerating, with products designed for high voltage, long life, and self-healing properties, making them suitable for applications in new energy vehicles, photovoltaics, and military [3] - The company's film capacitors are core components in electromagnetic launch energy storage systems and have entered the controllable nuclear fusion industry [3] Group 4: Electromagnetic Equipment Industry - The emphasis on new strategic capabilities during the Two Sessions indicates a potential acceleration in the industrialization of electromagnetic equipment [4] - The company’s film capacitors are positioned as optimal solutions for instantaneous discharge in electromagnetic launch systems [4] - The company is expanding production to meet industry demand, with a multi-dimensional layout centered around China Electronics Huazhong [4] Group 5: Financial Projections - The company is expected to achieve net profits of 148 million yuan, 251 million yuan, and 361 million yuan in 2025, 2026, and 2027, respectively, with corresponding P/E ratios of 44.5, 26.3, and 18.3 [4]

快递包装绿色治理是一场涉及技术、商业与文化的深刻变革。从生产技术的突破到商业模式的创新，再 到消费习惯的重塑，每个环节都不可或缺。这场变革的深层意义在于，它不仅是应对环境危机的技术方 案，更是人类重新思考与自然关系的文明进化。 当全链条真正形成合力时，我们收获的将不仅是更洁净的快递包装，还有一个更可持续的发展未来。 本版专栏文章仅代表作者个人观点 包装生产环节是这场绿色革命的源头所在。据统计，中国快递业每年消耗的胶带可绕地球赤道数百圈， 这些难以降解的材料最终成为环境的沉重负担。传统包装生产企业必须进行技术革新，转向可降解、可 循环材料的研究与应用。令人欣慰的是，已有企业研发出以淀粉为基材的环保胶带、以蘑菇菌丝为原料 的缓冲材料等创新产品。这些技术进步若能得到政策扶持与市场接纳，将从根本上改变包装的环境足 迹。 电商平台与物流企业作为连接生产者与消费者的关键枢纽，作用不容忽视。某知名电商平台推出的"原 箱发货"计划，通过优化包装设计减少15%的材料使用，证明商业模式创新同样能产生巨大环保效益。 物流企业则可通过建立标准化循环箱系统、设置包装回收点等举措，将线性消耗模式转变为循环经济模 式。这些中游环节的变革， ...