Gelonghui, May 29丨Chenming Paper (000488.SZ) said on the investor interactive platform that downstream white cardboard is mainly used for packaging food, tobacco, alcohol, cosmetics, etc., and the boom is closely related to the degree of recovery in domestic consumption. Due to increased supply and insufficient demand, there is an imbalance between supply and demand for white cardboard in the short term, affecting the price drop, and the profit situation is not ideal. Recently, due to insufficient supply of pulp from overseas, the price of pulp in the pulp market is relatively strong, and the company's homemade pulp has shown a greater cost advantage over purchased commercial pulp. Under the strong support of relatively high raw material costs, with the gradual implementation of domestic policies to stimulate consumption, paper prices will gradually be transmitted. The company will focus on developing and producing high-grade new products with high added value, and will do a good job in R&D, promotion, and incremental work on liquid cards, food cards, copper cards, etc., to improve enterprise efficiency.