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
新快报讯 3月2日，据中山纪检监察披露，日前，经中山市委批准，中山市纪委监委对中山市住房和城乡建设局原党委书记、局长崔振南严重违纪违法问题进行了立案审查调查。 经查，崔振南丧失理想信念，背弃初心使命，廉洁底线失守，由风及 新快报讯 3月1日，东莞樟木头镇2023年度工作总结大会召开，总结成绩、树立典型、表彰先进、再度启航，动员全镇上下守正创新、勇毅前行，坚持以经济建设为中心，以制造业当家为根本，以“百千万工程”为统领，以“投资年”行动为突 乐山市中医医院,国家中医特色重点医院项目建设单位,是乐山市中医医、教、研中心,中西医并重,学科优势突出,影响力辐射省内外。新龙县,地处四川省甘孜藏族自治州腹地,基础医疗资源匮乏,医疗人才流失严 21世纪经济报道记者 李德尚玉 北京报道 3月5日，国务院总理李强在政府工作报告中提出，要加强生态文明建设，推进绿色低碳发展。深入践行绿水青山就是金山银山的理念，协同推进降碳、减污、 唐仁健 农业农村部部长 5日的十四届全国人大二次会议首场“部长通道”上，农业农村部部长唐仁健在答记者问时表示，悠悠万事，吃饭为大。去年，我们确实遭遇了频繁的、极端的自然灾害，像夏收时节的“烂场雨”，盛夏时候 南方财经全媒体见习记者林鹏 广州报道惊蛰日起，“企业助力绿美广东生态建设联盟”再扩容，绿美广东将再焕新生机。绿美广东建设是近年来广东部署的重要工作任务之一，是广东省“百千万工 。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。