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[clustering] Huaying packaging 2018 net profit of 18 million 940 thousand yuan in the first half yea
[introduction] Chinese packaging (839272) issued a recent 2018 year report performance report, the total revenue of the company was 398963425 yuan, up 59.42% compared with the same period last year (250256190.92). The net profit attributable to the listed company shareholders was 18934696.36 yuan, a 0.3% increase over the same period of last year, and the basic earnings per share (yuan / share). It was 0.16 yuan, down by -33.33% compared with the same period last year (0.24 yuan).

Semi annual memorabilia

Huaying Packing will transform two existing natural gas boilers into low nitrogen environmental protection natural gas boilers on May 20, 2018. By using new burners and flue gas recirculation technology, the nitrogen oxide content in the exhaust gas is less than 30mg/m_and the sulfur dioxide content is less than 15mg/m_, which can effectively reduce the pollutant emission of the boilers, improve the environmental protection efficiency and improve the environmental protection efficiency. Utilization rate of natural gas.


The logistics and living support capability of the subsidiary has been greatly improved: two dormitory buildings and a complex were completed on January 25, 2008, with a total floor area of 9780 square meters, of which the restaurant area of 1100 square meters can meet 300 people dining at the same time; 136 staff dormitories can provide free accommodation for 350 people.


Letter to investors
Investors:


In the first half of 2018, the high level of the base paper market hovered, the fluctuation rose, the supply-side reform and deleveraging two-way adjustment, the supplier sales policy changed, all the cancellation of the account period, the downstream enterprise capital pressure increased; the investment state-owned national environmental protection company continued to maintain high pressure, environmental protection costs increased, to the enterprise financing and cost of multiple pressures. The company's business environment is facing many unfavorable factors. Huaying packaging management withstands the pressure, calmly copes with, and in the following areas continue to deepen reform and adjustment, and achieved certain results.


1. With the change of national macro-policy, especially the de-leverage and the reorganization of financial market, the company strengthens the management of accounts receivable. According to the customer's commercial contract agreement, combined with the requirement of financial bill reconciliation and entry time node, the company strengthens the internal examination of debts clearing, and the initial effect of accounts receivable clearing is achieved.


2. The company establishes a set of scientific evaluation system for the customer's sustainable management ability. According to the evaluation results, it takes the initiative to approach and develop large customers with low risk and good reputation, and strives to form strategic partnership with them.


3. Change the original marketing structure and mode, the company set up two business departments, marketing one is mainly responsible for the maintenance and deep cultivation of key customers, to ensure the stability of business performance fundamentals; sales two is mainly responsible for the development and expansion of new customers in the pre-printing market. The current strategy of the subsidiary Poly Huaying is to keep a close eye on existing group customers and make every effort. Developing the western market, establishing incentive schemes in different regions and implementing differential sales strategies have achieved good results.


4. The subsidiary, Poly Huaying, has been put into operation and has achieved steady development in team building, system guarantee and market development. Through six months of operation this year, Poly Huaying has initially established a relatively stable management team, formed a monthly production capacity of 28 million, and basically established a brand in the western part of China, and added customer packages. Including Guanjie, Rainbow Optoelectronics, Yinqiao Dairy and other star enterprises; Poly Huaying achieved operating income of 70.5534 million yuan in the first half of the year, profit-393 million.


This year is a year of rapid development of Huaying Packaging. Through the steady operation in the first half of the year, the company has formed a strong momentum of development. We thank shareholders for their full trust and strong support. In the second half of the year, we will continue to implement the new management model under the framework of collectivization, strengthen internal management, further improve quality and efficiency, and give shares. A satisfactory answer was made in the East.