Cost pressure leads to differentiation and elimination

Created on 2025.12.10

However, the industry as a whole still faces considerable pressure interms of costs and profits. The combination of multiple factors such as energycosts, raw material costs, and environmental compliance costs has put pressureon the profits of some enterprises. Data shows that in the first half of 2025,only a few listed papermaking enterprises achieved positive growth in netprofit. The differentiation within the industry is intensifying. If weakenterprises fail to transform or upgrade, they may be eliminated by the market.