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Yueyang Forest & Paper (600963.SH): The fluff pulp independently developed by its subsidiary Juntai Technology has met the North American import product standards in core Indicators.
Gelonghui reported on April 23 that Yueyang Forest & Paper (600963.SH) stated on the interactive platform that the USA is not the main source country for our papermaking pulp. Currently, the tariff situation has not impacted the company's raw materials. The company's self-produced pulp supply capacity exceeds 70%, providing assurance for the company's raw material supply. China's dependence on imported fluff pulp is high, mainly coming from the USA. The company's wholly-owned subsidiary, JunTai Technology, has independently developed fluff pulp that meets North American import product standards in key indicators, forming an import substitution capability, and is implementing a technical renovation project for fluff pulp fiber materials.
Yueyang Forest Paper: Report of Yueyang Forest Paper Co., Ltd. for the first quarter of 2025
Yueyang Forest Paper Co., Ltd. Report for the first quarter of 2025
Yueyang Forest & Paper (600963.SH): Wholly-owned subsidiary Chengtong Carbon Sink wins the bid for the forestry carbon sink cooperation development project.
On April 21, Gelonghui reported that Yueyang Forest & Paper (600963.SH) announced that its wholly-owned subsidiary, Chengtong Carbon Sink Management (Hunan) Co., Ltd. (referred to as "Chengtong Carbon Sink"), recently received the "Notice of Project Award" and has become the winning unit for the forestry carbon sink cooperative development project in Mengla County. Mengla County is a county under the jurisdiction of Xishuangbanna Dai Autonomous Prefecture in Yunnan Province, with a current forestry land area of 1.06 million mu. The project development scope includes all forest land in the county that complies with national policies and may be declared as forestry carbon sink projects under China’s voluntary emission reduction projects (CCER) or other international voluntary emission reduction mechanisms (VER).
Yueyang Forest & Paper (600963.SH): In the first quarter, the net income was 46.9215 million yuan, a year-on-year decrease of 68.39%.
On April 21, Gelonghui reported that Yueyang Forest & Paper (600963.SH) announced its first quarter report for 2025, achieving a revenue of 2.109 billion yuan, a decrease of 16.44% year-on-year; the net income attributable to the shareholders of the listed company was 46.9215 million yuan, a year-on-year decrease of 68.39%; the EPS was 0.03 yuan.
Yueyang Forest & Paper (600963.SH): The current situation has not had a significant impact on the company's production and operation.
On April 9, Gelonghui reported that Yueyang Forest & Paper (600963.SH) stated on the interactive platform that the current situation has not had a significant impact on the company's production and operation, mainly based on the following three reasons: 1. Downstream high-end products achieve import substitution: The wholly-owned subsidiary JunTai Technology has independently developed fluff pulp and MCC specialty fiber products that meet North American import product standards in core Indicators, and have formed the capacity for import substitution. 2. Market layout optimization: The company's products mainly target the domestic market with a low export business proportion, primarily aimed at the Belt and Road Initiative Concept markets such as the Middle East, India, Central and South America, and Japan and South Korea. 3. Breakthrough in critical technology: Through holding
Yueyang Forest & Paper (SHSE:600963) Is Reinvesting At Lower Rates Of Return
