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yueyang forest & paper (600963.SH) subsidiary Mao Yuan Forestry part of the forest assets were damaged due to rain, snow, and freezing disasters at the beginning of 2024.
In early 2024, yueyang forest & paper (600963.SH) announced that Hunan, Hubei, Jiangxi and other regions have experienced two rounds...
Yueyang Forest & Paper Co., Ltd.'s (SHSE:600963) Shares Not Telling The Full Story
Yueyang Forest & Paper Bags Forestry Carbon Sink Project; Shares Up 3%
Non-public offering of information disclosure violations, yueyang forest & paper's controlling shareholder receives warning letter | Quick Read Announcement
①As a result of the previous issuance of additional shares, there were violations in the disclosure process, and the direct controlling shareholder of yueyang forest & paper received a warning letter. ②Affected by the industry downturn, the gross margin of new projects undertaken has decreased compared to previous years, and Chengtong Kaisheng's net income in H1 of this year has changed from profit to loss.
yueyang forest & paper (600963.SH): The controlling shareholder received a warning letter from the Hunan Securities Regulatory Bureau.
On September 18th, Yueyang Forest & Paper (600963.SH) announced that its direct controlling shareholder, China Paper Investment Co., Ltd. (referred to as 'China Paper'), received the 'Decision on Issuing a Warning Letter and Administrative Supervision Measures to China Paper Investment Co., Ltd.' (China Securities Regulatory Commission Hunan Regulatory Bureau Administrative Supervision Measures Decision [2024] No.40) issued by the Hunan Regulatory Bureau of the China Securities Regulatory Commission on September 14, 2024 (Saturday).
Yueyang Forest & Paper (600963.SH): Subsidiary signs the Cooperation Contract for the Carbon Sink Resource Development Project in Duolun County.
On September 3, Yueyang Forest & Paper (600963.SH) announced that its wholly-owned subsidiary Chengtong Carbon Management (Hunan) Co., Ltd. (referred to as "Chengtong Carbon Management" or "Party B") signed a "Duo Lun County Carbon Sequestration Resource Development Project Cooperation Contract" with Duolun County Urban and Rural Construction Investment Group Co., Ltd. (referred to as "Party A"). This contract belongs to the daily operation contracts of Chengtong Carbon Management and has been reviewed and decided in accordance with the "Articles of Association" and internal approval procedures of the company, without the need for submission to the board of directors for approval. The subject of this contract is the Duolun County forestry carbon sequestration resource development project, with Party A providing ownership, right to use, or acquisition rights.
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