In the continuous announcement up to June 30, 2024, ND PAPER (stock code: 02689) disclosed a series of corporate announcements including management updates, financial reports, product information, governance, and investor relations. The management team includes Ms. Zhang Yin as the chairwoman, Mr. Liu Mingzhong as the vice chairman and chief executive officer, Mr. Zhang Chengfei as the vice chairman and vice president, and other executive directors and vice presidents. The financial summary shows that the company's revenue increased by 4.9% to RMB 59,496.4 million, gross profit increased by 273.2%, and net profit reached RMB 750.7 million, turning from loss to profit. The company's main products are diversified paper products, including kraft paper, white coated kraft paper, and specialty paper. In terms of governance report, the...Show More

In the continuous announcement up to June 30, 2024, ND PAPER (stock code: 02689) disclosed a series of corporate announcements including management updates, financial reports, product information, governance, and investor relations. The management team includes Ms. Zhang Yin as the chairwoman, Mr. Liu Mingzhong as the vice chairman and chief executive officer, Mr. Zhang Chengfei as the vice chairman and vice president, and other executive directors and vice presidents. The financial summary shows that the company's revenue increased by 4.9% to RMB 59,496.4 million, gross profit increased by 273.2%, and net profit reached RMB 750.7 million, turning from loss to profit. The company's main products are diversified paper products, including kraft paper, white coated kraft paper, and specialty paper. In terms of governance report, the company provided environmental, social, and governance reports, and engaged in investor relations, corporate governance, and risk management. Additionally, the company also announced an expansion plan to increase pulp and paper production capacity to enhance market competitiveness. In terms of employee development, the company provides an average of 18 hours of training per employee. In terms of social responsibility, the company donated over RMB 16 million in charity activities. In terms of supplier and customer relationships, the company's top five suppliers account for 51.8% of total purchases, with the largest supplier accounting for about 39.5%, and the top five customers accounting for 6.4% of total sales revenue.