SHUNHO STOCK(SZ:002565)2022-12-04 09:44Group 1: Company Overview - The company focuses on two main lines: "environmental new materials" and "biological health" [1] - Key business areas include special environmental paper sales, trademark printing R&D, industrial hemp cultivation and processing, new tobacco and non-tobacco products, and organic agriculture [1][8] Group 2: Competitive Advantages - The company has a strong competitive edge in the special anti-counterfeiting environmental paper sector, including vacuum aluminum paper and laser anti-counterfeiting materials [3] - It has established itself as an early player in the industry, participating in the formulation of national industry standards [3] Group 3: New Tobacco and E-cigarette Strategy - The company has formed a joint venture with Dongfeng Co. to develop new vaporizer and tobacco products [4] - It produces non-tobacco vaporizer cartridges primarily for the domestic market, with plans to leverage tax incentives in Hainan for product distribution [4][5] Group 4: Industrial Hemp Products - The U.S. subsidiary, Luxin Hemp Group, has launched industrial hemp products, including "Elon CBD Awakening Device" and "Stem Full Spectrum CBD Awakening Stick" [6] - The company is compliant with local laws and is expanding its industrial hemp processing capabilities [7] Group 5: Future Development Focus - The company aims to maintain stable revenue from environmental packaging while expanding into industrial hemp and biological health sectors [8] - It plans to deepen its development in new tobacco and non-tobacco products, as well as organic agriculture [8]