China Sunshine Paper Holdings Acquires 40% Stake in Joint Venture with Oji F-Tex

Reuters
16 Jun
China Sunshine Paper Holdings Acquires 40% Stake in Joint Venture with Oji F-Tex

China Sunshine Paper Holdings Co. Ltd. has announced the acquisition of a 40% equity interest in Sunshine Oji (Shouguang) Specialty Paper Co., Ltd., a joint venture company based in Shouguang City, Shandong Province, PRC. The acquisition was formalized through an Equity Transfer Agreement between Century Sunshine, a subsidiary of China Sunshine Paper Holdings, and Oji F-Tex Co. Ltd., the seller and a wholly-owned subsidiary of Oji Paper based in Japan. The transaction, valued at RMB85,000,000, will see the financial results of the joint venture consolidated into the financial results of China Sunshine Paper Holdings Group. The announcement was made by China Sunshine Paper Holdings Co. Ltd. on June 16, 2025.

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