V Guan Finance Report ｜ Wuzhou Special Paper's main production base is suspended due to accidents or affects this year's performance

Zhongxin Jingwei, September 18th. Wuzhou Special Paper announced on the evening of the 18th that the all -funded subsidiary Jiangxi Wuxing Paper Co., Ltd. (hereinafter referred to as "Jiangxi Five Stars") had an accident during the shutdown and causing casualties. The Houkou County Emergency Administration ordered Jiangxi five -star to stop production.

Wuzhou Special Paper said that on September 15, the five -star Jiangxi five -star accident occurred during the downtime, causing casualties. At present, the rescue work has ended, and the cause of the accident is under investigation.

Wuzhou Special Paper said that after the accident, the company immediately launched an emergency plan, and the company leaders immediately rushed to the scene to organize processing and reported to the relevant local government departments in accordance with relevant procedures. The Houkou County Emergency Administration issued the "Order of the Dialogue on the Times", which was ordered to stop production under the premise of ensuring production safety. The five -star Jiangxi five -star actively cooperated with relevant departments to investigate, and the current disposal work is carried out in an orderly manner.

In terms of the company, Wuzhou Special Paper stated that Jiangxi's five -star is the company's main production base. At present, Jiangxi five -star has suspended production for safety inspections, and fully cooperates with relevant government departments to investigate and analyze the causes of the accident.

According to the announcement data, as of June 30, 2022, Jiangxi's five-star assets were 396,941,700 yuan, accounting for 65.79%of the company's total assets; the net assets were 1239.2545 million yuan, accounting for 56.09%of the company's net assets; The operating income was 1888.998 million yuan, accounting for 63.50%of the company's operating income; net profit was 90.972 million yuan, accounting for 42.17%of the company's net profit.

Wuzhou Special Paper also mentioned that the specific property loss and stop time of the accident caused by the accident are being further verified. It is expected that the accident may have a certain impact on the company's 2022 production and operation performance. The company will actively cooperate with the investigation to rectify and restore production as soon as possible. At the same time, the lessons of this accident will be taken to strengthen the management of production safety, and prevent similar accidents from happening again. The company will fully pay attention to the progress of matters and fulfill the obligation of information disclosure in a timely manner, and investors are requested to pay attention to investment risks.

According to the company's website, Wuzhou Special Paper was established in 2008 and is located in Luzhou, Zhejiang. It is mainly engaged in the research and development, production and sales of special paper. On November 10, 2020, the company was listed on the Shanghai Stock Exchange. (Zhongxin Jingwei APP)

(The views in the article are for reference only, do not constitute investment suggestions, have risks in investment, and need to be cautious to enter the market.)

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