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Minfeng Special Paper (600235.SH): The new No. 8 machine and the new No. 20 machine upgrade technical reform project has been completed and put into production.
On March 31, Gelonghui reported that Minfeng Special Paper (600235.SH) announced that the "New No. 8 Machine and New No. 20 Machine Upgrade and Technical Transformation Project" is expected to complete the construction of the plant and the installation and debugging of equipment by the end of 2024, reaching a preliminary completion state; after approximately three months of trial running and other preparatory work, the production line will officially start production at the end of March 2025. After the project goes into production, the New No. 8 Machine transformation project will have an annual production capacity of 0.015 million tons of tracing paper (semi-transparent paper) products, and the New No. 20 Machine transformation project will have an annual production capacity of 0.021 million tons of cigarette paper, standard forming paper, high transparency forming paper, and non-heat seal tea bag paper products.
Minfeng Special Paper: Minfeng Special Paper 2024 Annual Report
Minfeng Special Paper: Summary of Minfeng Special Paper\'s 2024 Annual Report
Minfeng Special Paper 2024 Annual Report
Summary of the 2024 Annual Report of Minfeng Special Paper
Minfeng Special Paper (600235.SH): In 2024, the net income is 72.0013 million yuan, an increase of 54.09% year-on-year.
On March 25, Glorious Exchange announced that Minfeng Special Paper (600235.SH) released its annual report for 2024, reporting revenue of 1.459 billion yuan, a decrease of 9.82% year-on-year; net income attributable to shareholders of the listed company was 72.0013 million yuan, an increase of 54.09% year-on-year; basic EPS was 0.20 yuan. The company plans to distribute a cash dividend of 0.17 yuan (including tax) for every 10 shares to all shareholders.
Risks Still Elevated At These Prices As Minfeng Special Paper Co.,Ltd. (SHSE:600235) Shares Dive 25%
