Robroad.net

正龙在台湾书是最大的工业用纸生产企业。在纸张个月前，举行了第一次上市公司股东大会上，郑郑珑，股东主席高兴地宣布，该公司正龙投资年来到大陆的整体布局西部现在结出硕果，完整的利润。为了加强未来，郑在岛内长期投资的竞争优势将继续布局取得新进展，主要在内地市场的开发工作。

正龙今年输出的文件，海峡两岸将达到近10亿平方米，全年营业收入预计将有百分之十的增长一百八十点○○○万吨，生产能力纸箱。

去年，台湾的经济放缓，国际经济下的经济增长上半年的影响低于预期，但下半年以来，随着国际经济的稳定，其增长的趋势显示高于预期的基础。

正龙纸蔡东主席和股东将在去年的业务报告中提出的，他指出：在2005年上半年，台湾纸市场，大陆由于持续的宏观调控，原油价格为以及国际纸浆和废纸价格持续疲软，第二季度以来，如纸的市场表现冷压缩在9月岛内的业的利润空间上下纸浆价格反弹，影响，纸材料，能源，交通和其他原料去年11月以来的成本上升纸张价格的上涨，以反映成本，维持基本的利润。在起伏回顾去年，市场变化，生产和销售正龙仍然有良好的动态，以今年的业绩仍然表现出比上一年略有增加。

2005年营销年正隆概述：

(1)文件(包括纸和纸板)一亿二千四百七十九万二千三百吨年产，增幅为8.8％，为100.8完成计划％的增长。

(二)全方位的一纸品种年销售额八千九百五十三点六四零万吨，增幅为10.7％，103.3％完成了计划。五万九千一百二十〇点〇 〇万平方米纸箱销售较增长5.1％，100.8％完成了计划。

(3营业收入和盈利能力)的营业额正龙二千零六十三点七二六亿去年(新台币)，增长3％，比上年增长百分之97.2完成了计划，利润92940.0万元(新台币)，较下降的26.8％。税后39.989亿(新台币)，净利润，每股0.37元(新台币)的收益，该公司决定将每股现金红利0.5元(新台币)。

正龙将继续稳定以优良的品质和先进的生产设备，技术和其他竞争优势，进一步加强岛上的市场份额，但也将积极拓展海外市场。海外分布，正隆评估：整体而言，亚洲市场未来的文件，将继续保持高增长，特别是由中国市场为导向，不管市场在近几年生产纸张的需求，两位数的增长。长远的观点，将继续加速增长正龙中国大陆，东南亚，纸张和纸板业工人的总体布局的据点，不断提高我们的海外投资业务表现。 06.7.20

Taiwan Paper Zhenglong continued expansion of the Mainland

Zhenglong Paper on Taiwan are the largest industrial paper manufacturer. In the paper months ago, held the first general meeting of shareholders of listed companies, the ZHENG Zheng Long, chairman of the shareholders are delighted to declare that the company Zhenglong years of investment went to the mainland west of the overall layout is now bearing fruit, the full profit. To strengthen the competitive advantage of the future, Zheng-long investment in the island will continue the progress of the layout and are mainly engaged in the development of the mainland market.

Zhenglong this year across the Taiwan Strait in the paper output will reach 1.8 million tons, production capacity carton near one billion square meters, a full year operating income is expected to have 10 percent growth.

Last year, Taiwan’s economy slowed in the international economy under the influence of the first half of economic growth than expected, but since the second half, with the international economy stable, and its growth trend showed higher quarterly basis.

Zhenglong Paper Cai Dong-chairman and the shareholders will be raised in the report of last year’s business, he pointed out: The Taiwan paper market in the first half of 2005, the mainland due to sustained macro-control, crude oil prices as well as the international pulp and waste paper prices continued to weaken since the second quarter, such as the impact of market performance Paper colder, compressed island industry profit space in September to bottom pulp price rebound, raw materials Paper materials, energy, transport and other costs rising since November Paper prices rise to reflect the cost to maintain a basic profit. Looking at the ups and downs last year, the market changes, production and marketing Zhenglong still have a good dynamic to the performance of the year still showed a slight increase over the previous year.

2005 marketing years Zhenglong Overview:

(1)the annual production of paper (including paper and cardboard)124.7923 million tons, representing an increase of 8.8%, 100.8% for completing the project.

(b)full-year sales of a variety of paper 89.5364 million tons, representing an increase of 10.7%, 103.3% completed the program. 591,200,000 square meters carton sales, representing an increase of 5.1%, 100.8% completed the program.

(three)in operating income and profitability, the Zhenglong 206.3726 billion turnover last year (NT), an increase of 3% over the previous year, 97.2 percent completed the program, a profit 929.4 million yuan (NT ), representing a decrease of 26.8%. After-tax net profit of 3.9989 billion (NT), earnings per share 0.37 yuan (NT), the company decided to cash dividend per share with 0.5 yuan (NT).

Zhenglong will continue to stabilize the excellent quality and advanced production equipment, technology and other competitive advantages, to further enhance the island’s market share, but also will actively developing overseas markets. Overseas distribution, the Zhenglong Assessment: Overall, the future of the Asian paper market, will continue to maintain high growth, particularly led by the China market, regardless of the market in recent years the demand for paper production and are double-digit growth . Long-term view, will continue to accelerate the increase Zhenglong to mainland China, Southeast Asia, paper and cardboard industry workers stronghold of the overall layout, and constantly improve our business performance of overseas investment. (06-7-20)