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Yueyang Forest & Paper (600963.SH): Subsidiary Chengtong Carbon Sink wins the bid for the voluntary greenhouse gas emission reduction project in Anyuan County.
On December 2, Glonghui reported that Yueyang Forest & Paper (600963.SH) announced that its wholly-owned subsidiary, Chengtong Carbon Trading Management (Hunan) Co., Ltd. (referred to as "Chengtong Carbon Trading"), recently participated in the public bidding for the greenhouse gas voluntary emission reduction project (forestry carbon trading development) in Anyuan County. On December 2, 2024, the company received the "Notice of Winning Bid" and became the winning unit of the project. If the contract for this project is signed and implemented smoothly, it is estimated that based on the current domestic carbon trading prices, it will generate at least 20 million yuan in net income during the cooperation period, which will have a positive impact on the annual operating performance of the company's project.
China Chengtong accelerates the integration of its papermaking business. Yueyang Forest & Paper plans to "recover" old assets for 1.28 billion.
① China Chengtong integrates the papermaking business, mcc meili cloud computing industry investment and yueyang forest & paper are both taking action; ② yueyang forest & paper plans to acquire a pulp company that was divested years ago for 1.28 billion cash; ③ the symbol has had stable profits in the past two years, while yueyang forest & paper's operation continues to be under pressure; ④ the symbol was divested by yueyang forest & paper in 2015 due to poor performance.
Market Might Still Lack Some Conviction On Yueyang Forest & Paper Co., Ltd. (SHSE:600963) Even After 28% Share Price Boost
Yueyang Forest & Paper Subsidiary Wins Carbon Sink Project Bid
Yueyang Forest & Paper (600963.SH) subsidiary Chengtong Carbon Exchange successfully bid for the cooperation and development project of forest carbon sink in Yueyang City.
yueyang forest & paper (600963.SH) announced that its wholly-owned subsidiary, Chengtong Carbon Sink Operation Management (Hunan) Co., Ltd...
Is Yueyang Forest & Paper (SHSE:600963) Using Too Much Debt?
Yueyang Forest & Paper (SHSE:600963) Is Reinvesting At Lower Rates Of Return
