南方财经全媒体记者 杨雨莱 广州报道
From real estate magnate to renewable energy titan, from internet trailblazer to nature’s water bearer, the throne room of China’s wealthiest individuals has seen occupants from all walks of life. On the Hurun China Rich lists, one name stands out as the “Waste Paper Queen”, Zhang Yin, a billionaire who started from selling scrap paper, to become the first woman to top the Hurun China Rich list in 2006.
In the town of Machong in Dongguan, Guangdong province, trucks loaded with paper products ply the streets. Nine Dragon, founded by Zhang Yin in 1995, sailed from this small town as the low-threshold business of recycling waste paper, which then turned to paper manufacturing in the lower end of the industrial chain.
Ten years later, Nine Dragon Paper’s production capacity had exceeded 3 million tons, making it China’s top paper maker, and it went on to list in the Hong Kong Stock Exchange in 2006. Since then, Nine Dragon Paper has expanded its footprint, with nine domestic production bases, and overseas factories in the United States and Southeast Asia.
Ordinary items in our everyday lives, such as paper boxes and packages, books and clothes tags, as well as office paper, are potentially produced by Nine Dragon Paper. With continuous expansion of capacity and products, Nine Dragon Paper’s revenue surged from 7.9 billion yuan when it went public, to 56.74 billion yuan in 2023. Today, it boasts an annual capacity of over 20 million tons, as the world’s top paper manufacturer.
In the paper making industry, every penny is hard-won. Nine Dragon Paper never stopped exploring new ways to boost profits. In the industrial chain upstream, it leverages wood fiber and regenerated fibers to replace waste paper raw materials to gain cost advantages. In the downstream, it established packaging plants with a combined annual production capacity exceeding 2.8 billion square meters to boost revenue.
Costs in energy and transportation are equally significant. Currently, each production base has its own power plant, achieving 100% self-sufficiency in power supply. It has built piers and fleets across the country, to reduce the cost in transportation. However, despite such meticulous planning, price hikes in energy and chemicals, combining with weak demands, dealt a blow at Nine Dragon Paper’s profit last year. In the financial year of 2023, Nine Dragon Paper reported an annual loss of 2.38 billion yuan. This marks the first annual loss since 2006. On top of that, shares of the firm have been plummeting last year, nearly halved from its peak. And it was recently removed from the MSCI China Index.
However, an air of optimism remains. Boosted by increased sales, in the second half of 2023, Nine Dragon Paper reported a profit of 292 million yuan, making a strong comeback from its previous losses. As consumer demand rebounds, several of its production bases have raised prices since February, even hiking prices twice in a week. Moreover, it is advancing with clean and alternative energy, breaking free from the fluctuating coal prices,
The road ahead is challenging. Yet in the current downturn the paper manufacturing industry is experiencing, Nine Dragon Paper, born amid waste heaps, is swiftly overcoming its obstacles to soar into a prosperous era.
出品:南财国际传播中心 21新媒体中心 创意互动中心
策划统筹:于晓娜 丁青云
内容统筹:谭婷
责任编辑:李剑华 黄欣然
执行统筹:黄欣然
设计统筹:林军明
视频统筹:白宇航
监制:施诗
英文翻译&配音:李莹亮
海外运营监制: 黄燕淑
海外运营内容统筹: 黄子豪
运营支持:曾静娇
审校:孙静芳 强燕 黄志明
近日,北京卓视智通科技有限公司荣获全球知名设计竞赛---2024年IF国际设计大奖殊荣,旗下的【阿瞳目-双光谱雷视一体机】在产品类别设计中荣获2024年iF产品设计奖。经过由国际专家所组成的iF独立评委专业 据新华社电 5日提请审议的政府工作报告提出,坚持以人民为中心的发展思想,履行好保基本、兜底线职责,采取更多惠民生、暖民心举措,扎实推进共同富裕,促进社会和谐稳定,不断增强人民群众的获得感、幸福感、安全感。 今年的政 引 言在现代配电系统的运营中,能效管理的重要性日益凸显。随着能源需求的增长和环境保护的压力,如何高效、简洁地管理配电系统成为了一个迫切需要解决的问题。在这样的背景下,“CS-Smartlink数字化配电 “双碳”路上各行各业向“绿”而行成为趋势的当下,制造业绿色低碳发展迎来了具体的方向和明确的发展目标。日前,工信部、发改委等七部门发布了我国首个《关于加快推动制造业绿色化发展指导意见》(下称“ 十四届全国人大二次会议召开记者会 新快报讯 十四届全国人大二次会议于3月6日下午在梅地亚中心新闻发布厅举行记者会,邀请国家发展和改革委员会主任郑栅洁、财政部部长蓝佛安、商务部部长王文涛、中国人民银行行长潘功 南方财经全媒体记者刘琛 广州报道被誉为财富管理行业“皇冠上的明珠”的家族办公室越来越受到重视。近年来,随着我国经济的快速发展,国民财富迅速积累,高净值人群数量也随之不断增长 。本文链接:Companies in the GBA|The illustrious resume of the “waste paper queen”http://www.sushuapos.com/show-1-8706-0.html
声明:本网站为非营利性网站,本网页内容由互联网博主自发贡献,不代表本站观点,本站不承担任何法律责任。天上不会到馅饼,请大家谨防诈骗!若有侵权等问题请及时与本网联系,我们将在第一时间删除处理。