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            C&D Inc., LIFT the value.

            Xiamen C&D Inc. Stock Code: 600153.SH

            C&D Paper & Pulp: Linking Upstream and Downstream to Build an Ecosystem of Industrial Interconnection

            Date: 2022-04-22 | Source:C&D Inc.

            On April 21, Xiamen Daily published an exclusive interview on T3 with Shi Qiang, Information Director of Xiamen C&D Paper & Pulp Co., Ltd., a wholly-owned subsidiary of Xiamen C&D Inc. (600153.SH), with an introduction to the establishment background and operation of the platform www.cndpp.com under C&D Paper & Pulp. The full text is reproduced as follows:

            Clicking on the phone, you will be able to view such information as paper product inventory and real-time quotes, and enjoy a convenient transaction of bulk commodities during the process of placing orders, electronic contracting, and picking up goods, just like "online shopping". This is one of the application scenarios of www.cndpp.com under C&D Paper & Pulp. As an industrial Internet platform for the paper industry, www.cndpp.com employs digital technology to provide one-stop services for upstream and downstream customers in the paper industry, including online trading, warehousing and logistics, and supply chain finance. In December 2021, www.cndpp.com was listed as one of the Top 100 China Industrial Internet in 2021, ranking at 17th place.
            In the view of Shi Qiang, Information Director of C&D Paper & Pulp, it is the first-mover advantage and the experiences accumulated from efforts in the industry market that lay the foundation for the achievements of www.cndpp.com. "C&D Paper & Pulp is the world's leading forest pulp and paper supply chain operator, leading the country in paper sales, pulp imports and sales. In 2015, at the request of our general manager Cheng Dongfang, we took the lead in responding to the national 'Internet+' call and launched industrial Internet exploration, hoping to solve problems such as cumbersome traditional paper transactions, lack of capital, storage and transportation difficulties, and information asymmetry between upstream and downstream, which are also our responsibility as a state-owned enterprise."
            "The integration of paper industry and the Internet is not just simply by adding them together. It involves a reshaping and transformation of the whole industrial chain. We begin by addressing the industry pain points and take digitalization as an effective means to promote the interconnection of the upstream and downstream of the industry chain, in order to provide enterprises with full-process supply chain services." According to Mr. Shi, www.cndpp.com develops steadily and makes attempts under the support and guidance of Xiamen and Xiamen free trade zone, committed to linking upstream and downstream enterprises to jointly build a paper industry interconnection ecosystem and enhance the digital level of the industrial chain. For example, by accessing www.cndpp.com, the upstream paper mills connect to the downstream channels, enable to adjust production plans in real time according to the market demand data. Also, through the digital warehousing and logistics system of www.cndpp.com, small and medium-sized distributors can realize sharing of resources for warehousing and logistics, thus reducing cost and increasing efficiency.
            "Last October, C&D Paper & Pulp entered into a cooperation with Tencent to jointly build a global Internet platform for pulp and paper industry." The cooperation with the leading Internet enterprise will further enhance the technical strength of www.cndpp.com, Mr. Shi said. Looking ahead, www.cndpp.com will deepen the use of artificial intelligence, blockchain, big data, cloud computing, and other next-generation information technology to accelerate the digital transformation of the paper industry with model innovation and service innovation as the guide.
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