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Strong demand in paper packaging industry, enterprises expanding production to seize the market

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Strong demand in paper packaging industry, enterprises expanding production to seize the market

With the implementation of the "plastic restriction order" and other policies, the demand of the paper product packaging industry is strong, and the paper packaging manufacturers are raising funds to expand their production capacity through the capital market.

 
 
 
Recently, China's leading paper packaging company Dashengda (603,687. SH) received feedback from the CSRC. Dashengda plans to raise no more than 650 million yuan this time to invest in projects such as the intelligent R&D and production base of paper pulp molded environment-friendly tableware. Not only that, the reporter of China Business News also noticed that since this year, many companies in the paper packaging industry are rushing to IPO to complete the capacity expansion strategy with the help of the capital market. On July 12, Fujian Nanwang Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Nanwang Technology") submitted the application draft of the prospectus for the initial public offering of shares on the GEM. This time, it plans to raise 627 million yuan, mainly for the paper product packaging project.
 
 
 
A person from Dashengda said in an interview that the implementation of the "plastic restriction order" and other policies in recent years has increased the demand of the entire paper packaging industry. At the same time, as a leading enterprise in the industry, the company has strong comprehensive strength, and the expansion and improvement of profits are in line with the company's long-term development strategic objectives.
 
 
 
Qiu Chenyang, a researcher of Zhongyan Puhua, told reporters that the industry was constantly increasing its production capacity, which showed that the enterprise was very optimistic about the future of the market. Whether it is the rapid development of the national economy, the export of products, the future development of e-commerce, or the implementation of the "plastic restriction order" policy, it will provide huge market demand. Based on this, leading enterprises in the industry increase their investment scale to improve market share, maintain market competitiveness and achieve economies of scale.
 
 
 
Policies stimulate market demand
 
 
 
According to the public information, Dashinda is mainly engaged in the research, development, production, printing and sales of paper packaging products. Its products cover corrugated cartons, cardboard, fine wine boxes, cigarette trademarks, etc., as well as a comprehensive paper packaging solution that provides packaging scheme design, research and development, testing, production, inventory management, logistics distribution and other links.
 
 
 
Paper packaging refers to the commodity packaging made of paper and pulp as the main raw materials. Its strength is high, moisture content is low, air permeability is small, non corrosive, and it has certain water resistance. The paper used for food packaging also requires sanitation, sterility, and no pollution impurities.
 
 
 
Under the policy guidance of the "plastic restriction order", the "Opinions on Accelerating the Green Transformation of Express Packaging" and the "Notice on Printing and Distributing the" Fourteenth Five Year Plan "Action Plan for Plastic Pollution Control", the demand for paper-based products is expected to rise significantly.
 
 
 
Qiu Chenyang told reporters that with the improvement of people's environmental awareness, many countries have issued "plastic restriction orders" or "plastic prohibition orders". For example, New York State of the United States began to implement the "plastic ban order" on March 1, 2020; EU member states will ban the use of disposable plastic products from 2021; In January 2020, China issued the Opinions on Further Strengthening the Control of Plastic Pollution, which proposed that by 2020, it would be the first to ban and restrict the production, sale and use of some plastic products in some regions and areas.
 
 
 
The use of plastic products in daily life is gradually limited, and green packaging will become an important development trend of the packaging industry. Specifically, food grade cardboard, environment-friendly paper and plastic lunch boxes will benefit from the gradual prohibition of disposable plastic tableware and the increased demand; Environmental protection cloth bags, paper bags, etc. will benefit from the policy requirements and be promoted in shopping malls, supermarkets, pharmacies, bookstores and other places; The box board corrugated paper packaging benefited from the fact that the express plastic packaging was prohibited.
 
 
 
In fact, the demand for packaging paper is closely related to the demand change of downstream consumer industries. In recent years, food, beverage, household appliances, communication equipment and other industries have shown a high degree of prosperity, effectively driving the growth of the paper packaging industry.
 
 
 
Affected by this, Dashengda will achieve an operating income of about 1.664 billion yuan in 2021, with a year-on-year increase of 23.2%; In the first three quarters of 2022, the realized operating income was 1.468 billion yuan, with a year-on-year growth of 25.96%. Jingjia Shares (002191. SZ) achieved a revenue of 5.067 billion yuan in 2021, with a year-on-year growth of 20.89%. The main revenue in the first three quarters of 2022 was 3.942 billion yuan, with a year-on-year growth of 8%. In 2021, Hexing Packaging (002228. SZ)'s operating income will be about 17.549 billion yuan, with a year-on-year increase of 46.16%.
 
 
 
Qiu Chenyang told reporters that in recent years, as the global packaging industry has gradually shifted to developing countries and regions represented by China, China's paper product packaging industry has become increasingly prominent in the global paper packaging industry, and has become an important paper product packaging supply country in the world, with the export scale expanding.
 
 
 
According to the statistics of China Packaging Federation, in 2018, the total import and export volume of China's paper product packaging industry was 5.628 billion US dollars, up 15.45% year on year, of which the export volume was 5.477 billion US dollars, up 15.89% year on year; In 2019, the total import and export volume of China's paper packaging industry was 6.509 billion US dollars, of which the export volume was 6.354 billion US dollars, with a year-on-year growth of 16.01%; In 2020, the total import and export volume of China's paper packaging industry will be 6.76 billion US dollars, of which the export volume will be 6.613 billion US dollars, with a year-on-year growth of 4.08%. In 2021, the total import and export volume of China's paper product packaging industry will be 8.84 billion US dollars, of which the export volume will be 8.669 billion US dollars, with a year-on-year growth of 31.09%.
Pub Time : 2022-12-22 09:16:07 >> News list
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