002521Qifeng New MaterialSZSE

Qifeng New Material Co., Ltd.

齐峰新材

002521

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryPapermaking and Paper Products
ListedDecember 10, 2010
Websitewww.qifeng.cn
IR Emailqifengtezhi@163.com
Phone(+86)533-7785585
Sourcecninfo.com.cn
AddressNo. 22, Qifeng Road, Zhutai Town, Linzi District, Zibo, Shandong

Company Overview

Qifeng New Material Co., Ltd. is a prominent manufacturer in the papermaking and paper products industry, specifically focusing on specialty paper. Established in 2010 and listed on the Shenzhen Stock Exchange, the company produces paper designed for specific performance characteristics and applications, catering to a wide range of economic and social needs. Its operations are aligned with China's "Dual Carbon" strategy, promoting the use of eco-friendly materials, particularly decorative base paper, which has gained popularity as a sustainable alternative in furniture finishing. The company is recognized as a leading enterprise in China's decorative base paper sector, operating 24 production lines with an annual capacity exceeding 500,000 tons. Its product portfolio includes over 600 varieties, with key offerings such as decorative base paper and latex-coated paper, which serve various industries including aerospace and automotive. Qifeng maintains long-term partnerships with global brands and is involved in drafting national industry standards, reflecting its technological leadership and commitment to innovation in product development and quality enhancement.

AI-generated from company disclosures and CNInfo data.

Company Profile

1. Technological Leadership and Continuous Product Portfolio Optimization As one of the few industry leaders in China’s decorative base paper sector mastering high-end production technologies, the company is recognized as a National New Material Industrialization Base Key Enterprise by the Ministry of Science and Technology. It operates the Shandong Provincial High-End Decorative Base Paper Engineering Research Center and a Postdoctoral Research Workstation. The company holds 30 invention patents, 15 utility model patents, and 5 software copyrights for products such as color overlay paper, printed base paper for artificial boards, and wear-resistant surface paper. It is designated by the National Development and Reform Commission and the National Technical Committee for Wood-Based Panels as the primary drafter of China’s decorative base paper industry standards. Product Quality & Process Upgrades The R&D team continuously iterates products based on market feedback, optimizes technical processes, and adjusts raw materials to enhance performance metrics and meet client demands. New Product Development Driven by innovation, the company has successfully developed digital printing paper, latex-coated paper, and so on. Notably: - Customized production of Japanese-style paper and adhesive tape paper is growing rapidly, while products like wallpaper and overlay paper are expanding into new applications. - Non-decorative base paper products now account for over 20% of total sales, demonstrating a diversified and optimized product matrix. 2. Accelerated Scale-Driven Efficiency Since 2000, the company has focused on scaling production through innovation. With the phase I commissioning of its Guangxi Guigang 200,000-ton specialty paper project (80,000-ton capacity), the company has established a dual-base layout (north and south China), optimizing production line configurations. It adopts a "small-batch customization + bulk production" dual-track model: - Dedicated small-capacity lines cater to customized orders; - High-capacity lines prioritize cost efficiency and output. Scale Advantages Enhance Risk Resilience: (1) Production Quality: Enables flexible scheduling for multi-specification orders, minimizes batch color deviations, and reduces unit costs. (2) Procurement Bargaining Power: Leverages economies of scale to optimize raw material costs. (3) Technical Synergy: Balances new product R&D with systematic applied technology research, offering clients full-spectrum solutions. (4) Operational Coordination: Ensures seamless collaboration across R&D, procurement, production, sales, and after-sales services for rapid market responsiveness. (5) Environmental Compliance: Sustained scale mitigates rising environmental governance costs. 3. Multi-Dimensional Market Advantages (1) Premium Clientele & Industry Reputation Through years of innovation, the company has built strategic partnerships with global leaders in flooring, furniture, and fireproof board manufacturing, earning high credibility. (2) Technology-Integrated Marketing The company prioritizes applied technical research and maintains a technician-oriented sales force (many with R&D backgrounds) to deliver on-site solutions, fostering strong client loyalty. (3) Robust Sales Network The Guangxi base, embedded in the "Southern China Wood-Based Panel Hub," targets customized furniture clusters and taps into ASEAN markets under the RCEP framework. With a direct-sales-dominant strategy, products now reach 40+ countries, including Germany, Turkey, and India. 4. Full-Scale Digitalization & Big Data Empowerment The company has implemented: - MES System: Real-time production monitoring and data-driven bottleneck identification. - ERP & OA Platforms: Streamlined procurement, inventory management, and cross-departmental collaboration. Digital integration enables precision lean management, reduces capital tied to inventory, and optimizes resource allocation. 5. Low-Carbon Sustainability Initiatives The company uses imported high-quality wood pulp to minimize pollution at the source. Key eco-friendly practices include: - Resource-efficient production design and recycled water utilization. - Emissions fully compliant with national standards. - Development of plastic-alternative products. Recognized by CCTV as a model of green innovation, the company aligns with China’s "paper-for-plastics" policy to drive sustainable growth.

53 announcements tracked· Last: August 3, 2026

Key Financials

As of 2026-08-01T00:00:00.000+00:00
Revenue¥804.3M
Net Profit¥40.1M
ROE1.01%
Debt Ratio26.41%
Monetary Funds¥491.8M
Receivables¥668.7M
Goodwill¥2.3M
Total Shares560.1M

Announcements

53 totalCSV

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