Journals

China's Paper Industry New Constructions (Oct. 2025)

Views:8 Publish Time:2025-12-18

Recently, the Liansheng Pulp and Paper Integration Project, with a total investment of 22 billion yuan, commenced full operation in Chihu Industrial Park, Zhangzhou, Fujian.

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Recently, the Administrative Approval Bureau of Taicang Port Economic and Technological Development Zone publicized the project of Nine Dragons Paper (Taicang) Co., Ltd. to introduce advanced equipment and carry out technological transformation for the intelligent manufacturing of 80,000 tons of special new materials annually.

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Recently, the PM55 high-end cultural paper production line at Nine Dragons Paper's Beihai base successfully started production. The main equipment was supplied by Yuli Taiwan, with a paper machine width of 7,250 mm and a design speed of 1,000 m/min, capable of producing 300,000 tons of high-end cultural paper annually.

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Recently, the Heilongjiang Provincial Department of Science and Technology released the list of provincial-level pilot-scale verification platforms for 2025. Hengfeng Paper's "Heilongjiang Provincial Special Paper Pilot-Scale Verification Platform" successfully passed review and was approved for filing.

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Recently, Shanying International announced that it used 100% equity of its subsidiary Shanying Paper (Guangdong) Co., Ltd. and 36.56% equity of Xiangheng Creative Packaging Co., Ltd., valued at 2.98 million yuan, to establish Wuhu Shengying Enterprise Management Consulting Partnership (Limited Partnership). It also introduced long-term investors, including China Orient Asset Management Co., Ltd., Caixin Jixiang Life Insurance Co., Ltd., Cinda Capital Management Co., Ltd., and Zibo Hengtie Investment Partnership (Limited Partnership), by transferring part of the partnership shares, with a total transfer amount not exceeding 747.5 million yuan.

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Recently, Henan Jianghe Paper Co., Ltd. plans to build an annual processing project for 20,000 tons of special paper, with a planned investment of 22 million yuan.

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Recently, Lincang Nanhua Paper Co., Ltd. publicized its technical transformation project for an annual production of 95,000 tons of bagasse pulp.

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Recently, Sichuan Eurus Environmental Technology Co., Ltd. conducted the first announcement of public participation for the environmental impact assessment of its 650,000-ton/year papermaking white mud solid waste resource utilization project.

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On October 23, Nine Dragons Paper (Tianjin) released a pre-approval notice for the construction planning permit of its 500,000 t/a unbleached pulp substitution project (Phase I), aimed at replacing waste paper pulp.

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On October 23, Guangxi Liangui Paper successfully started up its PM8 paper machine, supplied by Xi’an Weiya, with a width of 2,850 mm and a design speed of 1,200 m/min.

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On October 24, information from the Shandong Property Rights Exchange Center showed that Shandong Caixin Investment Co., Ltd. listed its 2.8894% equity in Zhanjiang Chenming Pulp & Paper Co., Ltd. for transfer, with a reserve price of RMB 300 million.

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On October 24, Wuzhou Special Paper Co., Ltd. (605007) released its Q3 2025 financial report, reporting revenue of RMB 2.335 billion, up 14.77% year-on-year, but net profit of RMB 59.28 million, down 37.33%.The net profit excluding non-recurring items was RMB 54.54 million, down 40.30% year-on-year.

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On October 27, Sun Paper Co., Ltd. released its Q3 2025 report, showing revenue of RMB 9.823 billion, down 6.01% year-on-year, but net profit of RMB 720 million, up 2.68%.For the first three quarters, the company achieved total revenue of RMB 28.936 billion, down 6.58%, and net profit of nearly RMB 2.5 billion, up 1.66% year-on-year.

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On October 28, Fujian Qingshan Paper announced plans to use up to RMB 600 million of temporarily idle raised funds for cash management, investing in low-risk fixed-income or principal-guaranteed financial products such as structured deposits with a duration of no more than 12 months.

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Recently, Jining Nantian Agrochemical New Materials Co., Ltd.’s 275,600 t/a papermaking chemicals project was included in the second batch of national key private investment projects for 2025.

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Recently, Shanxi Qiangwei Paper’s TM10 project was officially put into production. The paper machine has a width of 2,850 mm and a speed of 1,600 m/min.

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Recently, the Guangxi Modern Paper Industry Cluster in Guigang was successfully selected for inclusion in the Guangxi Autonomous Region’s Featured Industrial Cluster Cultivation Program, further enhancing regional paper industry competitiveness.

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On October 28, Huatai Group signed a contract for the Guangxi Forestry-Pulp-Paper Integration Project, with a total planned investment of RMB 22.735 billion.

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On October 29, Coco Healthcare (301009) issued an announcement stating that the Company recently signed an Equity Acquisition Intent Agreement with Hanhe Paper and its shareholder Wu Jie. The Company intends to acquire no less than 60% of the equity interests in Shanghai Hanhe Paper Co., Ltd. by way of cash to achieve control over Hanhe Paper.

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On October 31, Yibin Paper (600793) released its 2025 Third Quarterly Report. The Company achieved a total operating revenue of RMB 1.729 billion (a year-on-year increase of 2.56%) and a net profit attributable to shareholders of the parent company of RMB 15.0862 million, turning from a loss to a profit year-on-year.

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On October 31, Hengfeng Paper (600356) released its 2025 Third Quarterly Report. The Company achieved a total operating revenue of RMB 2.039 billion (a year-on-year increase of 6.29%) and a net profit attributable to shareholders of the parent company of RMB 148 million (a year-on-year increase of 34.76%).

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Recently, C&S Paper (002511.SZ) disclosed its third quarterly report. The Company achieved a net profit of RMB 80.0285 million in the third quarter, a year-on-year increase of 335.38%.

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Recently, ST Chenming released its 2025 Third Quarterly Report. In the first three quarters, the Company achieved an operating revenue of RMB 3.348 billion (a year-on-year decrease of 83.11%), and the net profit attributable to shareholders of the listed company was a loss of RMB 6.008 billion, turning to a loss year-on-year.

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Recently, Qinhuangdao Administrative Examination and Approval Bureau released the public notice of the approval decision for the 150,000-ton annual output high-strength corrugated paper technical transformation project to be constructed by Qinhuangdao Hongjia Paper.

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Recently, Qian'an Boda Paper is constructing a 150,000-ton annual output alkaline hydrogen peroxide mechanical wood pulp (AHMP) project.

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Recently, Shan Ying Hua Zhong Paper Co., Ltd. made a major change to its original "600,000-ton annual output chemo-mechanical pulp (CMP) project", renaming it " Shan Ying Hua Zhong Paper Co., Ltd. Chemical Pulp Project". According to the public notice, the revised project will have a construction content and scale of 706,000 tons of chemical pulp per year, with a total investment of RMB 5 billion.

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