China Sunshine Paper Holdings Company Limited has provided an update regarding the termination agreement and profit guarantee related to a previously announced acquisition. Since completing the acquisition in early December 2025, the newly appointed CEO of the target company has implemented a turnaround plan aimed at improving operational performance. Measures include increasing the effective utilization ratio of customer servers from approximately 75% to 100%, reducing idle servers, enhancing operational uptime, and cutting monthly operating expenses by 50% through workforce rationalization and strengthened cost control. The company reports these actions have led to initial improvements in operational efficiency, as it continues to optimize resource allocation and pursue new business opportunities in response to a saturated traditional paper manufacturing market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Sunshine Paper Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260206-12018604), on February 06, 2026, and is solely responsible for the information contained therein.