"Is life as fragile as paper"? Products have dropped in price, debts have defaulted, and the former leading company shandong chenming paper has stopped production on a large scale. | Speed ​​announcement

① Shandong Chenming Paper has 2.394 billion in overdue debts, with over 70% of its production capacity restricted; ② The company attributes its difficulties to industry shocks, but its performance has significantly lagged behind competitors; ③ The company's production halt has led to a shortage of white cardboard, which may help boost the market for white cardboard; ④ Besides papermaking, the company also has a considerable scale of financing leasing business; ⑤ As early as 2023, its financing leasing business has already faced a crisis.

cls.cnNov 19 09:57 ET

Non-public offering of information disclosure violations, yueyang forest & paper's controlling shareholder receives warning letter | Quick Read Announcement

①As a result of the previous issuance of additional shares, there were violations in the disclosure process, and the direct controlling shareholder of yueyang forest & paper received a warning letter. ②Affected by the industry downturn, the gross margin of new projects undertaken has decreased compared to previous years, and Chengtong Kaisheng's net income in H1 of this year has changed from profit to loss.

cls.cnSep 18 10:24 ET

December 24 review: With sufficient reserve momentum this week, next week saw a substantial increase in trading volume as block orders targeted 5 stocks.

On December 24th, the three major indices opened higher and then fell back, with the Shanghai Composite Index maintaining a low consolidation, while the ChiNext Price Index led the decline in the two cities. In terms of sectors, the medical sector collectively surged, with traditional Chinese medicine stocks leading the gains, while food processing, retail, and other consumer stocks were active against the trend; new energy sectors such as lithium batteries, photovoltaics, and energy storage all fell across the board, with the heavyweight Contemporary Amperex Technology dropping over 9% intraday. The indices continued to weaken in the afternoon, with the ChiNext Price Index's decline expanding to 2.7% at one point. Stocks related to nurturing diamonds and the non-fungible token (NFT) concept surged, while sectors like autos, rare earths, fluorine chemicals, and digital currency remained sluggish. Overall, market sentiment is cooling, and individual stocks are showing a general downward trend in the two cities

新浪財經綜合Dec 24, 2021 02:46 ET

China's Paper-Making Sector Posts Double-Digit Jump in Nine-Month Profit, Revenue

MT NewswiresNov 8, 2021 01:12 ET

Shandong Chenming Paper Forecasts Up to 73% Decline in Q3 Profit

MT NewswiresOct 15, 2021 03:35 ET

Analysis on the limit of Forest Paper in Yueyang on September 23: hot stocks of Papermaking, Forestry and Landscape concept

Securities Star data Center News, Yueyang Lin Paper rose to close, closing price 8.54 yuan. The stock rose by the limit at 09:41, opened the limit twice, and closed its closing order with a capital of 62.0772 million yuan, accounting for 0.41% of its current market value. In terms of capital flow data, the net inflow of main funds on the same day was 185 million yuan, the net inflow of hot capital was 177 million yuan, and the net outflow of retail funds was 102 million yuan. The capital flow in the past five days is shown in the following table: the stock is a hot stock of papermaking, forestry and garden concepts. On the same day, papermaking concepts rose 8.27%, forestry concepts rose 4.86%, and garden concepts rose 3.1%. The stock is invested.

證券之星Sep 23, 2021 03:12 ET