The profit of the hottest crane shares increased b

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Crane shares: in 2020, the profit increased by more than 60% to 717million yuan, and continued to focus on the four major consumer areas. Release date: Source: CSI

crane shares recently disclosed its 2020 annual report. During the reporting period, the company realized an operating revenue of 4.843 billion, a year-on-year increase of 6.04%; The net profit attributable to the parent company was 717million, a year-on-year increase of 63.02%

in the future, crane shares will continue to focus on new-type tobacco industry, consumer food industry, medical and health industry, express logistics industry and other consumer tracks, and the classification and proportion of relevant products will be adjusted accordingly with the changes of the market

consumption upgrading boosts demand

since its establishment in 2001, Crane Co., Ltd. has always focused on high-performance paper-based functional materials, closely followed the changes in demand in the consumer and industrial fields, and achieved 20 years of rapid growth. As one of the largest R & D and production enterprises of paper-based functional materials in China, the company is committed to providing one-stop solutions for downstream customers. At present, its downstream direct sales customers exceed 2000

it is understood that the main products of crane are mostly used in the daily consumption market closely related to people's lives, such as food and medical packaging materials, label release materials and other fields. With the boost of national policies, such as the discovery of oil leakage to accelerate the upgrading and quality of consumption, the increase of downstream end market demand has led to a substantial increase in the company's product demand

the annual report shows that in 2020, the sales of the company's daily consumer products reached 1.764 billion, accounting for 36.43% of the company's main business income; The sales of food and medical consumer products reached 850million, a year-on-year increase of 38.97%, accounting for 18.23% of the company's main business income from 13.91% in 2019

at present, crane shares has completed the supply layout of various consumer products in the downstream consumer industry, and can provide downstream value customers with solutions and services such as product design, customized production and accompanying development

according to the public information, the company has entered the food packaging product supply chain of Yum! Brands China (KFC, pizza hut, etc.), McDonald's, Starbucks and other well-known fast food giants for many years. In recent years, it has also entered the well-known catering brands such as Pacific Coffee and Costa, which are easy to cause small piston damage, oil leakage, like tea, Naixue, well-known supermarket brands such as HEMA fresh, family, IKEA, Marriott, intercontinental The supply chain of food packaging products for leading enterprises of high-end chain hotels such as Shangri La, including food labels, food pad paper and paper straw

production capacity is expected to accelerate release

according to the institutional research conducted by crane, 2021 will be the company's production capacity release year. It is expected that the production capacity of the company and the joint venture will reach 1.1 million tons after the new product lines are put into operation at the beginning of the year. According to the current project implementation progress, the 300000 ton food paperboard project of the company will be put into operation in the first half of 2022

at present, Xianhe shares a solid position in the field of domestic tobacco supporting paper. The company's products are used by most well-known cigarette factories in China, with a market share of nearly 45% in similar products, and have been certified and stably used by major foreign well-known tobacco companies

in terms of food consumption, at present, the company's products have successfully entered Tetra Pak's supply chain, and continue to expand paper straws, thin packaging paper bags, coffee filter paper bags and other terminal oriented products, so that hot samples such as films can be as easy to control the relevant production capacity of paper substitute products as heavy injection molded parts

benefiting from the high popularity of the express logistics industry, the market capacity of thermal paper and label release paper continues to expand. With the long-term accumulated customer and technical advantages, the company has a market share of nearly 25% in the domestic thermal paper market, and the grasin release paper, which is mostly used in the label field, accounts for more than 20% in the national market, with a production capacity of 150000 tons

in terms of medical paper, the medical packaging paper produced by the company currently includes medical dialysis paper, medical wrinkle paper, etc. because the products cater to the people's escalating consumption concept, the company has established its leading market position in the industry

with the rapid development of economy and the rapid upgrading of social consumption, special paper, as a high-performance paper-based functional material, is in a stage of rapid development. Crane shares recently announced that it will invest in the construction of the "2.5 million tons of Forest Pulp paper integrated circular economy project" in Shishou City, Hubei Province, with a total investment of 10billion yuan, including 900000 tons of pulp fiber materials, 1.4 million tons of paper-based functional materials, 200000 tons of coated paper deep-processing materials, etc

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