Shandong Bohui Paper Industry Co., Ltd. (Bofeng Group parent company) was established in 1994, headquartered in Zibo, Shandong, and with two major production bases in Shandong and Jiangsu. In 2004, Bohui Paper was listed on the main board of the Shanghai Stock Exchange (A-share Stock Code: 600966). Focusing on the R&D, production and sales of integrated pulp and paper products, the Company actively implements the government's initiative for supply-side structural reform, promotes the development of a green and low-carbon circular economy, continuously optimises product structure, develops new markets, and increases market share. The Company's main products include white ivory cardboard, cultural paper, boxboard paper, and gypsum cover paper.
The Company has never stopped fulfilling its social responsibility, abiding by its original intention, and highlighting its corporate responsibility. The "Dream Plan program" was officially launched in Shandong in 2021. The implementation of the project not only solves the problem that some students are unable to go to college due to family poverty but also helps aspiring students realise their dreams. It also plays an important role in cultivating outstanding talents in society and solving social employment problems. In 2021, the breakthrough of the "ocean-rail transportation" innovation model actively responded to national policy calls with practical actions and helped achieve the carbon peaking and carbon neutrality goals.
In recent years, focusing on the policy guidelines of the transition from old to new drivers of growth, high-quality development, and green improvement as the driving force and direction of development, the Company continuously optimises its industrial structure to strengthen and expand the main business, fully leverages its expertise in technology and management to consolidate high-quality resources and pursue integrated innovative development, and has planned a number of new projects around green and environmental protection, intelligentisation and digital transformation, of which the 450,000-ton Highend Information Paper Project was successfully released on October 9, 2022, and the Water Treatment Upgrading & Transformation Project and the Laminated Paper Project have also been launched. The Digital Lean Management System was put into operation in May 2022, and the Company officially moved towards the digital 1.0 phase.
Adhering to the enterprise spirit of "constant self-improvement, open and inclusive, challenging limits, and vowing to achieve victory", Bohui Paper strives to lead future development with a strategy of "digital transformation and technological innovation", pursue "people-oriented and four-wheel drive" integrated innovation, implement the MBOS and lean management system to promote quality and efficiency, optimise the "Three Wastes" management system to build a green and circular industry, and support corporate transformation and upgrade with informatisation, intelligent production and digital transformation to achieve high-quality sustainable development.