Industry of green hill paper sells house property alleviates capital insecurity
From;    Author:Stand originally
Industry of green hill paper sells estate kind asset, basically be dish of vivid asset that put an amount, alleviate the situation with at present tight financing. Former fuel rises in price since 2008 cause dominant paper kind product production cost lifts considerably, profit drops. And suffer the whole world and China to put delay to the demand growth of paper product, papermaking industry boom begins fall after a rise and potential paper to supply superfluous, very adverse to promotion of company future outstanding achievement. Industry of green hill paper will release announcement to say on September 26, long-term development strategy reachs the ground in the company do strong advocate the development train of thought of course of study, it is dish of vivid asset that put an amount, agree to sell company Fuzhou house property of Xi Binjia predestined relationship. Industry of green hill paper sells estate kind asset, basically be dish of vivid asset that put an amount, alleviate the situation with at present tight financing. The company still will hold place photoelectricity of subsidiary radium wave on August 21 5% equity make over Heng Baotong light, because the company divides papermaking advocate outside course of study, return sortie the industry such as alkaline, report, photoelectron, medicine, ministry management is bad inside together with, bring about papermaking of green hill of the biggest partner to take up appear on the market company capital 173 million yuan. Because take up with company capital issue desk, the company of hold of papermaking of green hill of the biggest partner 8, 5.68 million are continued to freeze by the court; Because amount to company Fuzhou agency to owe issue desk with the letter, its run some companies 8, 5.68 million are continued annulus await freeze. Announcement shows, afore-mentioned house property are located in area of river of stage of the Fuzhou City to be changed rather street auspicious board road village of 46 Xi Binjia predestined relationships, add up to 27 9 12 houses unit, storefront, cars, and accredit company management team deals with to perform corresponding procedure about the regulation by state-owned asset. Face of Zhang of finance affairs of this house property is worth formerly for 12, 334, 51.5 yuan, net value of financial Zhang face is 10, 991, 317.53 yuan. The company is country's at present only oversize makes an oar create paper company, "Green hill " card set goods has definite brand advantage. Have at present produce can paper bag paper 100 thousand tons, paperboard is mixed 200 thousand tons excel in corrugated paper 200 thousand tons. In addition, still invest 660 million yuan to undertake forest paper unifinication construction, the plan builds 1.6 million mus of forest zone, already finished 611 thousand mus, advantage of wood pulp productivity is clear, quality of wood pulp of ecru long fiber is good, can rival with foreign high grade wood pulp; Accuse a company of flavor of Zhangzhou of Fujian green hill of 70% to already obtained GMP attestation, wind oily essence and without extremely cream the product achieved profit total 2007 3, 3.2 million yuan, the traditional market such as Beijing is had rate is constant expand. But raw material, fuel purchases the price to go up since 2008 bigger, cause dominant paper kind product production cost lifts considerably, bring about a company to manage state aggravation, business profit drops compared to the same period, together with changes project loan interest to stop capitalization because of ability of excel in rows of tiles on a roof, scale of production expands to raise loan of partial circulating fund and bank loan interest rate accordingly rise, make financial cost raises compared to the same period, make net first half of the year 2008 gain grows under advocate business Wu income grows. The United States second those who borrow financial crisis and the global money market that its cause is queasy, the whole world and China put delay to the demand growth of paper product, papermaking industry boom begins fall after a rise. Raised price for many times first half of the year 2008 at the same time, stimulated new increase production can put in, also will cause prospective paper to supply superfluous, very adverse to promotion of company outstanding achievement. The newspaper in 2008 shows, the company realized business income first half of the year 2008 89, 2.923 million yuan, grow 30.73% compared to the same period; Business profit 3, two million and three thousand six hundred yuan, drop compared to the same period 0.55% ; Profit total 3, five million three hundred and ninety thousand eight hundred yuan, grow 10.92% compared to the same period; Net profit 2, four million three hundred and sixty-six thousand nine hundred yuan, grow 21.23% compared to the same period; Basic every accrual 0.0229 yuan.

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