CHENMING PAPER (01812) Restores 100% Production Capacity Across Five Major Bases; to Apply for Removal of Risk Warning

Bulletin Express

Mar 16

Shandong Chenming Paper Holdings Limited (01812) announced that its five principal production bases—Shouguang, Zhanjiang, Huanggang, Jiangxi and Jilin—have all resumed operations, bringing overall production capacity back to 100% as of 13 March 2026.

The full restart is expected to improve operating cash flow and progressively rebuild the company’s ability to fund working capital internally. Management plans to reinforce end-to-end cost controls, accelerate new product development and enhance profitability and market competitiveness while addressing debt-related risks.

Chenming Paper’s A and B shares have carried “other risk warning” labels since 21 February 2025 and 1 April 2025 under paragraphs (V), (IV) and (VII) of Rule 9.8.1(1) of the Shenzhen Stock Exchange listing rules. Following the complete resumption of production, the board intends to meet promptly to submit an application to the exchange for removal of the warning related to paragraph (V).

Shareholders and prospective investors are advised to exercise caution when dealing in the company’s shares.

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