Materials for electronics that function as electrical and/or thermal conductors are often rigid, expensive, difficult to source, and sometimes toxic. An electrically and thermally conductive nanocomposite that is lightweight, flexible, and ecofriendly could improve the environmental friendliness of the electronics sector and enable new applications. Considering this, flexible and electrically and thermally conductive materials are fabricated by functionalizing paper with nanocarbon conductive inks. Carnauba wax is emulsified in isopropyl alcohol and mixed with graphene nanoplatelets (GNPs) or with hybrids of GNPs and carbon nanofibers (CNFs). The percolation threshold of the hybrid samples is lowered compared with the pure GNP composites, due to their increased filler aspect ratio. The hybrid samples also exhibit superior bending and folding stability. Densification of the coating to decrease their sheet resistance enables them to achieve as low as ≈50 Ω sq⁻¹ for the GNP‐based paper. The densification procedure improves the bending stability, the abrasion resistance, and the electromagnetic interference shielding of the paper‐based conductors. Finally, the compressed samples show an impressive enhancement of their thermal diffusivity. The flexible and multifunctional nanocarbon coated paper is a promising electrical conductor and thermally dissipative material and, at the same time, can increase the environmental sustainability of the electronics sector.

This study investigates how state-owned enterprises (SOEs) contribute to rural revitalization in China through systemic interventions that enable the transfer of social capital. Addressing the gap between external resource inputs and internal development needs, the study adopts a systems thinking framework to conceptualize social capital as comprising structural, relational, and cognitive components. Drawing on multi-case evidence from assistance projects led by China Southern Power Grid, this study selects 11 assistance projects from a broader pool of 199 cases, to demonstrate how SOEs act as institutional nodes to reshape rural governance systems. They rebuild local organizational networks (structural capital), establish long-term trust through “strong commitment–weak contract” mechanisms (relational capital), and localize technical knowledge to align with rural contexts (cognitive capital). These interlinked processes form an integrated system that enhances rural governance capacity and promotes sustainable development. The findings highlight that SOEs are not merely resource providers but systemic catalysts that support cross-scalar collaboration and social infrastructure building. The study contributes a novel perspective by integrating social capital theory with a systemic governance lens and offer a actionable insights into the institutional design of assistance models for the future interventions by SOEs and similar entities in underdeveloped areas.