Bo Hui paper Two or three years coated white card production capacity of more than 1.3 million tons

Yesterday, Bo Hui paper (600966) Chairman Yang Yanliang in the company 2009 annual shareholder meeting said that the company will actively do an annual output of 350,000 tons of high-grade packaging Board project production and sales work. February 2010 Annual output of 350,000 tons of high-grade paper packaging Board project has been successfully tested, the company in the equipment commissioning and running-in, improve production technology, and actively explore domestic and foreign markets, so that the project as soon as possible in the 2010 economic growth point.　　At the same time, in the future two, the company invests 750,000 tons/year high-grade wrapping paper sheet up to postpartum, the company coated white cardboard capacity is expected to exceed 1.3 million tons. Yang Yanliang said that the company will increase environmental investment, through energy-saving emission reduction, technological innovation, technology reform to improve the company's product quality and technical level, increase investment in research and development, the storage of high environmental protection, high value-added product projects. At the same time, the general meeting also considered the proposal of the company to invest in the construction of 750,000 tons/year high-grade wrapping paper board and 98,000 tons/year of technical renovation project. According to the company's strategic development plan, the company will adhere to the differentiated positioning, production of high-value products, strong and big paper business policy.　　It is expected that the total investment of the project is 3.086 billion yuan, the production of the project is expected to produce coated white cardboard 750,000 tons, to achieve annual sales revenue of 4.231 billion yuan. The company believes that with the development of the national economy, the high-end paper products market will show a larger growth and low-grade products will gradually decay trend, the construction of coated white cardboard project has a good market prospects.　　The company will adopt advanced clean production technology and equipment, at the same time using the company's existing mature public facilities for this project supporting, project investment costs will be greatly reduced. At this meeting of shareholders, the company chairman Yang Yanliang also mentioned, because the company produces raw materials for commercial wood pulp, imported waste paper and so on. These raw material price changes will directly affect the company's main business costs, and then affect the company's gross margin level. The company said that it would actively adjust the material structure; commercial wood pulp, imported waste paper by the international pulp prices, waste paper price impact of large fluctuations, so with a number of pulp dealers to establish long-term and stable strategic cooperative relations, reduce the cost of pulp procurement, has been completed and put into production of chemical pulp, chemicals slurry project for the company to provide quality paper raw materials, Not only reduce production costs, but also reduce the dependence of the raw materials on the market.　　According to the trend of industry development, in the appropriate time to actively reserve the development of forestry and paper integration projects, to achieve upstream industry links to ensure the supply of raw materials. According to the budget of Bo-Hui paper, 2010 Annual plan to produce all kinds of mechanism at least 1 million tons, to achieve operating income of 5 billion yuan, the total operating costs of 4.6 billion yuan.