China Sunshine Paper Engages in Major Financial Transactions
Express News | China Sunshine Paper - Unit to Lend Entrusted Loan of RMB50 Mln to Changle Qicheng Zhihui Technology
Hong Kong stock industry concept tracking | Paper companies have set off a new round of price increases, signaling the industry's bottoming out and rebound (with concept stocks).
Since October, many papermaking companies have carried out one or more rounds of price increases. Recently, more companies have announced price adjustment plans for their multiple facilities, leading to paper enterprises in various regions following suit. The entire papermaking industry has ignited a new wave of price hikes.
Hong Kong stock concept tracking | The Ministry of Commerce will introduce a batch of new policies in the consumer sector. Institutions are bullish on the growth of paper demand brought about by the recovery in consumer spending (with concept stocks)
The Ministry of Commerce will work with relevant departments to introduce a batch of new policies in the consumer sector.
How is the outlook for the papermaking peak season? Manufacturers are cautiously optimistic, with cost control still being the main theme|Industry News
1. The papermaking peak season has started, and many paper mills hold cautious optimism expectations; 2. The industry was flat in the first three quarters, and the cost advantages of leading paper enterprises are showing; 3. There are many factors causing differences in gross profit of paper enterprises, with inventory management being the core; 4. The pressure of rising paper prices in Q4 still exists, and paper enterprises still need to compete in cost control.
SUNSHINE PAPER: 2024 Interim Report
Express News | China Sunshine Paper Holdings H1 Revenue RMB 3,956.6 Million
Express News | China Sunshine Paper Holdings H1 Capex RMB 102.9 Million
Express News | China Sunshine Paper Holdings H1 Gross Profit RMB 566.4 Million
SUNSHINE PAPER: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
Orient Securities: In July, China's paper and paperboard production increased by 11.5% year-on-year, and culture paper and specialty paper prices may gradually stabilize.
The cumulative output of machinery paper and paperboard from January to July 2024 increased by 13.5% year-on-year, with a production volume of 13.17 million tons in July, a year-on-year increase of 11.5%.
China Sunshine Paper to Review Mid-Year Results
Sunshine Paper (02002.HK) will hold a board of directors meeting on August 30th to approve its interim results.
Sunshine Paper (02002.HK) announced on August 16th that the board of directors will hold a meeting on August 30th, 2024 to consider and approve the mid-term performance of the company and its subsidiary companies for the six months ending on June 30th, 2024, as well as to consider the distribution of mid-term dividends (if any).
Minsheng Securities: It is difficult for pulp prices to fall and the volatility is increasing, and profit improvement is expected.
On the one hand, the pulp production capacity of the above-mentioned companies is relatively low, while on the other hand, paper prices have strong resilience, and profit improvement can be expected.
China Sunshine Paper Revises Supply Deal Caps
SUNSHINE PAPER: SUPPLEMENTAL AND CLARIFICATION ANNOUNCEMENTIN RELATION TO THE ANNUAL REPORTFOR THE YEAR ENDED 31 DECEMBER 2023
Sunshine Paper (02002) has cancelled a total of 64.71 million shares of repurchased shares.
Sunshine Paper (02002) announced that the company cancelled a total of 64.71 million shares on June 21, 2024...
Sunshine Paper announced the appointment of Yang Zijie as the company's secretary and authorized representative.
Sunshine Paper (02002) announced that Mr. Chen Yiping has resigned as the company secretary and the authorized representative of the company under Rule 3.05 of the Listing Rules of the Hong Kong Stock Exchange due to personal affairs, effective from June 17, 2024. Mr. Yang Zijie has been appointed as the company secretary and the authorized representative under Rule 3.05 of the Listing Rules, effective from June 17, 2024.
Sunshine Paper (02002): Yang Zijie is appointed as the company secretary and authorized representative.
Sunshine Paper (02002) announced that Mr. Chen Yiping resigned as the company secretary and the authorized representative under Rule 3.05 of the Listing Rules of The Stock Exchange of Hong Kong Limited due to personal reasons, effective from June 17, 2024. Mr. Yang Zijie has been appointed as the company secretary and authorized representative under Rule 3.05 of the Listing Rules, effective from June 17, 2024.
After four months of continuous growth, the paper sector has received “cyclical” new capital?
Is it the paper sector's turn to “wealth” brought about by the rotation of this industry?