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Throughout the Bo Paper development process, its expansion over timing is not synchronized with other paper companies. Although the company has just completed the investors sought after convertible bond financing, but its convertible bond financing project 350,000 tons high-grade Wrapper Board (white card) in the second half of 2008, the most severe financial crisis has begun to build. Next year, the project can be put into production. The turning point in the industry select the right direction to become a key determinant in the future paper. Over the past 10 years, along with China's rapid economic development, the paper by the Import into net exports. In 2008, China's paper industry stood on top of the world. Thus, turning paper into. How to get Future, Botswana within the paper industry have had heated arguments. First half of 2008, Bo of paper once the refinancing. On higher profit Coated Paper Or on cardboard, or the continuation of the advantages of Bo and cultural varieties of paper? Senior management had a different opinion. Second half of 2008, paper together with the domestic economy into a cliff-like drop. Project also does not last? Also need the courage very much. Now, the most difficult period in the preparation of 35 tons of white cardboard items, as the Bo paper to the next two years, a guarantee of performance. Present, Bo paper already has a capacity of 200,000 tons of white cardboard, 250,000 tons culture paper, 150,000 tons Cardboard And 150,000 tons of gypsum protect tissues. One white paper jams and cultural contributions to the profit account Qi Cheng. From country to country Environmental protection Policy implementation, shutting down many small paper paper production as a cultural enterprise, the culture industry of paper is generally considered very stable species. As a high-grade Packaging paper Cardboard, and economic development are closely related, with the GDP correlation coefficient is 0.99. Therefore, the industry generally felt that as the economy develops, there is considerable market space jam. Since starting in August 2008 for 18 months, the domestic high-grade packaging board has no record of new capacity, the market for the next two years, leaving a jam room. Bo white cardboard paper in June this year has been price increases, price increases were beginning 8,9 200 yuan / ton in the third quarter and the sales price of the chain were 5.5% and 4.0%, gross margin of 3.9 % to 20.06%. Therefore, the company's third quarter alone, earnings per share reached 0.13 yuan, and the first half fairly. It is understood that, early in October, the hikes, white cardboard 200, CITIC Securities researcher said: tons of paper margin is expected to further improve the expected fourth-quarter sequential growth of more than 50%. The 350,000 tons of new white cards before the Chinese New Year, if the project went into operation, a full year out of 26-28 million tons of paper, the main social card, just to make up for gaps in domestic demand, will allow the company to enlarge double white card production year, expected net profit of more than 100 million, if it does not take into account the existing convertible bond diluted share, earnings per share growth of 0.20. Bo Paper secretaries to directorate James Young said that at present, the company already has 200 thousand tons of mechanical pulp, chemical pulp production capacity of 95,000 tons, and the company acquired another paper, together with Waste paper pulp And straw pulp, 70% self-sufficient pulp company. Can support the expansion of production capacity. To some extent, from Bo convertible bonds in the ballot was only 0.1%, also shows that the market's recent recognition of new projects. We are high quality suppliers, our products such as sheet slitter , foil winding machine Manufacturer for oversee buyer. To know more, please visits slitting machinery.
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