"I finally got through it!" On March 7th, when Huang, deputy to the National People's Congress and vice chairman of Hi-Tech, met china securities journal, his excitement was beyond words. The pressure in the past three years has vanished with the deployment of the government work report.
The government work report proposes to expand the pilot scope of "camp reform" to the construction industry, real estate industry, financial industry and life service industry, and to include the value-added tax contained in all enterprises' new real estate in the deduction scope to ensure that the tax burden of all industries will only decrease. At present, the business tax of real estate, construction, finance and life service industries that are not included in the pilot industry of "camp reform" accounts for more than 67%. According to the latest research report released by UBS Securities, the scale of tax reduction is about 383.6 billion yuan after the last four industries are covered by the reform of the camp in 20 16.
Guan Hao Hi-tech is undoubtedly the beneficiary of this policy. The company is the exclusive supplier of carbon-free copy paper for special VAT invoices, and the "VAT reform" will bring huge demand space. "On March 5, I walked out of the Great Hall of the People and immediately called the executive vice president of the company and asked him to take someone to check the equipment and production line." Huang said: "In 20 1 1 year, the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China jointly issued the pilot program of' VAT reform'. I immediately realized that this was a huge market, and immediately took 1000 mu of land in East Island of Zhanjiang to build a production base for special paper and coated paper. After the base was completed in September 20 13, the follow-up policy of' camp reform' progressed slowly, and the base has not added a single order so far. "
Huang is relieved now. Guan Hao Hi-Tech is the first professional company in China to produce thermal paper on a large scale. Founded by Huang Yu 1993, Guangdong Finance Investment was introduced to promote the listing plan. The actual controller became the Guangdong Finance Trust under the Guangdong Provincial Department of Finance. The company was listed on the Shanghai Stock Exchange in June 2003, and in February 2009, it was introduced into China Paper Investment Company, the current controlling shareholder. The actual controller is changed to China Chengtong Company under the SASAC. Guan Hao Gaoxin has been designated as the exclusive supplier of anti-counterfeiting copy paper for special VAT tickets since 1996. According to public data, the market demand for business tax invoices in 20 15 is about 30 billion copies, and the market demand for value-added tax invoices is 2 billion copies. According to the agency's calculation, after the expansion of the "camp reform", the demand for VAT invoices will soar from 65.438+0.5 billion to about 32 billion.
In addition, the relevant departments have recently issued policies to support the development of electronic invoices, and some investors are worried that the development of electronic invoices will adversely affect the company's performance. Huang responded that electronic invoices are indeed a trend, but it will not have a significant impact on traditional paper invoices at least in the next five years. Electronic invoice has been implemented in Taiwan Province Province for more than ten years. At present, the penetration rate is less than 50%, and the penetration rate in Europe is less than 15%.
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