HXPP(SZ:002228)2023-11-10 09:41Group 1: Company Operations and Strategy - The company is building smart factories to upgrade production processes, improve efficiency, and product quality, with plans to accelerate automation and intelligent manufacturing transformation [1] - The current overall capacity utilization rate of the company’s new and old factories exceeds 70% [1] Group 2: Impact of Market Conditions - The rise in paper prices will be passed on to downstream enterprises, but there is a lag in the price transmission process [2] - The company adjusts its product prices according to market conditions, with variations depending on different products [2] Group 3: Financial Management and Future Planning - The company is preparing for the maturity of its convertible bonds and aims to enhance market recognition of its value while ensuring adequate funding [2] - Future profit growth is expected through process innovation, flexible procurement strategies, and optimizing product structure to broaden the customer base [2] Group 4: Sustainability Initiatives - The company is committed to sustainable development as part of its business strategy, including installing solar systems and reducing resource consumption [2] - Development of alternative packaging solutions that reduce plastic use by approximately 80% aligns with national policies on reducing plastic [2]