Buddha-Plastic shares: Dinner box events into transition catalysts

"Foreign junk Food Box" event became the catalyst of the industrial transformation and upgrading of the Buddha-plastic shares (000973).　　Recently, the Buddha-Plastic shares call this newspaper, under the management of Sun Hung Kai Branch Foshan Hong Hua Polyester Chip Co., Ltd. suspected irregularities in the operation of the conduct of the statement, and said that the occurrence of the incident more firmly determined the company's industrial transformation. Buddha-Plastic shares said: "On the night of August 10, 2010, CCTV financial channel broadcast" garbage How to change tableware "report, the report reflects the alleged illegal operation of the company, the company was shocked to convene an emergency meeting overnight deployment of verification work. Immediately commissioned by the subsidiary Hung Kai Branch Management of Hong Hua company to stop all one-time foaming tableware production and management, and set up an incident investigation and processing Task force, serious accountability to the relevant personnel. "Verified by the Buddha-plastic shares under the management of Hongji branch of Sino-Foreign cooperative enterprises hung Wah Company's tableware shop is suspected of illegally adding recycled materials production part of the one-time foaming tableware products. After this incident, the Buddha-plastic shares all terminated the one-time foaming tableware production and operation, while fully recover the issue of the product to be destroyed.　　At present, Hong Hua company tableware Workshop related equipment and products have been Foshan quality and technical supervision of the seizure. August 2009, after Guangdong province Guang Xin Foreign trade group Limited Company became the biggest shareholder, Buddha-Plastic shares established the "high-end industry" development strategy and "structural adjustment, strong management, strong innovation" work policy, decided to completely quit the production and operation of low-grade products, new energy, materials and other High-tech, High value-added products in the field of development, to high-quality products, high-quality services, to create value for society. Around the above development strategy and work policy, in just a few months, the Buddha-plastic shares have invested in the construction of lithium-ion battery diaphragm two phase project, polarizing film two phase project, Microporous membrane expansion project, safety capacitor metal film production line project, multi-functional new film development and development Test line, Crystal silicon solar cell with PVDF membrane and backplane development and other projects. At the same time, shut down a high energy consumption, backward technology, lack of market competitiveness of artificial leather, flocking products, ordinary film, low value flow film, color printing and other inefficient production capacity.　　Therefore, Hong Hua Company's disposable tableware products not only violate the Buddha-plastic shares to new energy, advanced materials high-end industrial development strategy, its operating efficiency has been at the margin of loss, has been included in the closure of the elimination plan. "However, because the company is a Sino-foreign cooperative enterprise, the closure of disposable tableware business needs to be negotiated with the foreign shareholders, and due to the production of employees involved in the settlement of the problem should be carefully arranged, thus affecting the business exit progress."　　"The Buddha-Plastic shares explained. Buddha-Plastic shares further said that the incident strengthened the company's determination to promote industrial restructuring and upgrading, the company will be in accordance with the "high-end industry" of the established development strategy to promote industrial upgrading, complete withdrawal of low-end production and management, accelerate to new energy, materials and other High-tech, high value-added products in the field of development