SHUNHO STOCK(SZ:002565)2022-12-03 08:58Group 1: Company Overview - The main business of Shunhao Co., Ltd. involves the sale of environmentally friendly packaging materials such as vacuum aluminum-coated paper, composite paper, optical anti-counterfeiting film, and white card paper, primarily to cigarette manufacturers and high-end consumer product producers [2][3]. Group 2: Industry Expansion - The company is continuously expanding its industrial layout, venturing into new fields such as new tobacco products, organic agriculture, 3D free-form environmentally friendly packaging materials, micro-structured optical packaging materials, and industrial hemp [3][4]. Group 3: Industrial Hemp Insights - Industrial hemp is defined as cannabis with a THC content of less than 0.3%, widely used in medicine, health food, agriculture, and feed. Yunnan Province is the first in China to legally research, cultivate, and sell industrial hemp [3][4]. - The company has obtained the cultivation qualification for industrial hemp and must undergo strict monitoring throughout the production, processing, transportation, and sales processes [3][4]. Group 4: Investment and Competitive Advantage - The company is authorized to invest up to 300 million yuan in industrial hemp-related matters, including domestic and overseas investments and mergers [4]. - The competitive edge in the industrial hemp sector lies in the company's early layout and the limited number of licensed companies in China, focusing on technological upgrades and industry applications [3][4].