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Wuzhou Special Paper to Add 442 Million Yuan Investment Into Yinshawan Wharf Construction; Shares Down 4%
Wuzhou Special Paper Group (605007.SH): plans to increase investment by 0.442 billion yuan for the construction of the public pier project.
On January 2, Gelonghui announced that Wuzhou Special Paper Group (605007.SH) revealed that its Jiangxi base is located in an important area for riverside and port-related industrial development. As the production lines for various paper and chemical pulp at the Jiangxi base are fully established, the logistics throughput is also increasing correspondingly. To reduce the company's logistics costs and achieve the goal of cost reduction and efficiency improvement, the company's wholly-owned subsidiary Jiujiang Chengyu will construct a public wharf project. On July 22, 2024, the company held the third meeting of the third Board of Directors, where it reviewed and approved the proposal regarding the investment in the construction of the public wharf project in the Silver Sand Bay operational area of the Jiujiang Port Hu口 district by its wholly-owned subsidiary.
Wuzhou Special Paper Group (605007.SH) plans to increase investment in the public wharf project by 0.442 billion yuan.
Wuzhou Special Paper Group (605007.SH) announced that the third Board of Directors meeting will be held on July 22, 2024...
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Wuzhou Special Paper Group Co., Ltd.'s (SHSE:605007) Low P/E No Reason For Excitement
China International Capital Corporation Papermaking 2025 Outlook: Starting Point of Demand Recovery, End of Capacity Cycle.
Papermaking, being a cyclical commodity highly sensitive to Consumer demand, is expected to benefit from high certainty in demand by 2025, especially with the expectation of mid-single-digit year-on-year growth in the demand for packaging paper and specialty paper.
What Wuzhou Special Paper Group Co., Ltd.'s (SHSE:605007) ROE Can Tell Us