“Plastic limit order” under the paper products usher in new opportunities, Nanwang technology to expand production to meet market demand
With the increasingly strict national environmental protection policies, the implementation and strengthening of the “plastic restriction” or “plastic ban”, and the continuous improvement of social environmental protection concepts, as an important alternative to plastic packaging, paper product packaging industry is facing important opportunities for development.
In the face of market opportunities, Nanwang Technology hopes to use the GEM listing to raise investment funds mainly for expanding production capacity to meet the growing market demand, so as to further expand the scale of business and further enhance profitability.
According to the prospectus of Nanwang Technology, the GEM listing intends to raise 627 million yuan, of which 389 million yuan will be used for the construction project of the intelligent factory of green paper products with an annual output of 2.247 billion yuan and 238 million yuan will be used for the production and sales of paper products packaging.
“Plastic limit order” under the paper products market demand increased
The National Development and Reform Commission and the Ministry of Ecology and Environment issued the Opinions on Further Strengthening the Control of Plastic Pollution on January 19, 2020, which clearly put forward the specific requirements and time arrangement of “limiting plastic products” and “replacing plastic products”, and took the lead in banning or restricting the production, sale and use of some plastic products in some areas and areas.
Paper, as an environmentally friendly material, has good renewability and degradability. Under the national policy of “plastic Restriction”, the application of plastic packaging will be limited. Because of its green and environmental protection characteristics, paper packaging has become an important alternative to plastic packaging, and it will face a larger market space in the future with a broad development prospect.
With the increasingly strict national environmental protection policy, the implementation and strengthening of the “plastic limit”, and the continuous improvement of social environmental protection concept, as an important alternative to plastic packaging, paper product packaging industry will embrace important opportunities for development.
Paper product packaging is widely used, all kinds of paper packaging is used in all aspects of human life and production. The performance design and decoration design of paper packaging products have been highly valued by the whole industry. All kinds of new equipment, new process and new technology have brought more new choices for the paper packaging industry. Tea box, wine box, cosmetics box, calendar box, are all common boxes in our life. The industry is slowly moving toward environmentally friendly materials.
Under the new plastic limit, disposable plastic bags, plastic tableware and express plastic packaging will be prohibited and restricted. From the current alternative materials, paper products have the advantages of environmental protection, lightweight and low cost, and the replacement demand is prominent.
For specific use, food-grade cardboard, environment-friendly plastic food boxes will benefit from the gradual ban on the use of disposable plastic tableware, increasing demand; Environmentally friendly cloth bags and paper bags will benefit from the promotion and use in shopping malls, supermarkets, pharmacies, bookstores and other places under the policy requirements; Box board corrugated packaging benefits from the fact that plastic packaging is banned for express delivery.
In the view of the industry, paper products have a high substitution role for plastic. It is expected that from 2020 to 2025, the demand for paper packaging products represented by white cardboard, box board and corrugated paper will increase significantly, and paper products will become the backbone of plastic replacement.
Expand capacity to meet future market demand
In the global plastic ban, plastic limit situation, as a substitute for disposable plastic packaging, deplasticized, environmental protection, recyclable paper products packaging products demand surge. Nanwang Technology provides a one-stop solution for deplasticizing packaging, which can meet the specific barrier needs of customers with customization and multiple varieties of paper.
In the development of green products, Nanwang Technology through the upgrading of the production process and the transformation of the product structure, under the principle of reducing the consumption of production base paper and forming comprehensive environmental benefits, continue to create value for customers, and won the high recognition of many brand customers.
According to the financial data disclosed in the prospectus of Nanwang Technology, the operating income of the company in the recent three years is 69,1410,800 yuan, 84,821.12 million yuan and 119,535.55 million yuan, the operating income growth is fast, the compound growth rate of the recent three years is 31.49%.
The funds raised by the listing of Nanwang Technology will mainly be used for the construction project of the intelligent factory of green paper products with an annual output of 2.247 billion. The successful implementation of this project will meet the market demand and further improve the sales performance and market share of Nanwang Technology.
Nanwang Technology expects that after the implementation of the smart factory construction project, the capacity bottleneck will be effectively overcome and the capacity will be greatly increased to meet the growing market demand; With the help of new products with high technology content and high added value, the company can effectively develop new profit growth points, expand market share and maintain market dominance.
In the future, with the in-depth implementation of environmental protection policies such as “plastic limit” and the production of investment projects raised by the company, Nanwang Technology will further promote the growth of the company’s performance.
Post time: Dec-12-2022
