E-commerce business drives the rapid growth of express delivery business,Catalytic incremental demand for wrapping paper,Policies to promote the development of the industry,There is plenty of room for future growth.Environmental restrictions and supply-side reforms have led to slower growth on the supply side. In the future, there is a large space for the growth of wrapping paper demand and a limited increment at the supply end. It is expected that the long-term paper price will tend to be stable. Environmental protection policies to speed up the clearance of backward capacity, industry concentration continued to improve good leader.Actively layout overseas raw materials + self-provided power plant construction, leading cost advantages prominent.

Through the asset-light mode of overseas waste pulp distribution, mountain eagle paper industry in North America phoenix paper industry started the technical upgrading project of 120,000 tons of waste pulp production line, and the southeast Asian partners are expected to carry out the cooperation of 300,000 tons of waste pulp project by the end of this year, by the end of the year will have 420,000 tons of waste pulp capacity.In 2018, the acquisition of WPT, a European waste paper trader, and the mastery of waste procurement channels in Europe will be conducive to maintaining the stability of waste procurement prices in Europe and ensuring adequate supply of raw materials. The proportion of self-owned electricity has been increasing, from 60% in 2017 to 80% now.In the first half of this year, construction of three solid waste power plants was started in ma 'anshan, haiyan in zhejiang and jingzhou in hubei. The jingzhou cogeneration project in hubei province is expected to save 214 million yuan in electricity costs annually. Through overseas active layout of raw materials and increase the proportion of self-owned electricity, the company's cost advantage will continue to highlight.

Relying on the advantages of industrial chain resources, united cloud printing and packaging enterprises, packaging Internet continued to promote.

In 2019, the company will acquire yunyin and continue to promote the development mode of "Internet + packaging" by virtue of its Internet + technology advantages, so as to promote the vertical integration of the industry.

Mountain eagle paper industry enables small and medium-sized packaging enterprises to solve the pain points of the industry:

1. Centralized board reduces the cost of board making.

2. Carry out logistics sharing based on big data to reduce logistics costs.

3. Solve the financing problem of small and medium-sized customers.

4. Provide ERP system and SAAS system to promote the informatization construction of customers.

Cloud printing platform GMV and the number of active users is growing rapidly, driving the continuous increase in revenue, and is expected to become a new growth engine.