yyfp(600963)2024-10-11 09:07Group 1: Carbon Trading Initiatives - The company is actively engaging in carbon trading in "Belt and Road" countries, signing a memorandum with a Cambodian company for voluntary greenhouse gas reduction in October 2023 [2] - In May 2024, a strategic cooperation framework agreement was signed with a Gabonese company to collaborate on international carbon credit development and trading [2] - The company hosted a seminar on climate change, attended by officials and experts from 15 countries, focusing on green low-carbon development [3] Group 2: Carbon Trading Clients and Agreements - The company has reportedly secured a major client, China Merchants Industry Holdings, with an annual trading volume of CNY 1 billion [3] - There are no undisclosed matters regarding the carbon trading agreement with Baosteel [3] Group 3: Production Capacity and Product Structure - A new cultural paper production project with an annual capacity of 450,000 tons is expected to begin trial production by the end of 2024 [3] - The company has developed high-value paper products, including all-wood pulp paper and specialty papers, enhancing its product structure [4] Group 4: Environmental and Energy Management - The company is implementing comprehensive environmental protection measures, ensuring compliance with national and local regulations [5] - Various energy-saving projects have been initiated, including the introduction of advanced energy-efficient technologies, improving energy efficiency significantly [6] - The company has eliminated outdated production capacity, enhancing operational efficiency and reducing carbon emissions [6] Group 5: Future Plans and Market Expansion - The company aims to expand its market presence and upgrade its industry by focusing on ecological, large-scale, differentiated, and capitalized development [6] - Plans include enhancing the green low-carbon pulp and paper industry and developing forestry carbon credits [7] - As of October 8, 2024, the company has signed carbon credit cooperation agreements covering over 42 million acres, with total agreements expected to reach 60 million acres [7]