CHENMING PAPER(01812) production base resumes full operation and production.
Chenming Paper (01812) announced that with the strong support of party committees, governments at all levels, and financial institutions, the company is comprehensively strengthening corporate management, adjusting product structure according to market conditions, and orderly promoting the resumption of work and production at various production bases. As of the date of this announcement, the five major production bases in Shouguang, Zhanjiang, Huanggang, Jiangxi, and Jilin have fully resumed production, and the company's overall production capacity has returned to 100%.
CHENMING PAPER (01812) has announced that, with the strong support of various levels of party committees, governments, and financial institutions, the company has comprehensively strengthened its corporate management, adjusted its product structure according to market conditions, and orderly promoted the resumption of work and production at various production bases. As of the date of this announcement, the five major production bases in Shouguang, Zhanjiang, Huanggang, Jiangxi, and Jilin have fully resumed production, and the company's overall production capacity has returned to 100%.
The full resumption of production at the company's five major production bases will effectively improve the company's operational cash flow and gradually restore its self-sustaining function. Next, the company will strengthen the entire process of cost reduction and efficiency improvement, as well as comprehensive new product development, continuously enhance the company's profitability and market competitiveness, effectively resolve the company's debt risks, and promote the company to achieve continuous, stable, and healthy development.
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