Nine Dragons Paper reports strong FY2025 profit, revenue ahead of AGM

Nine Dragons Paper (Holdings) Limited will hold its Annual General Meeting on December 11, 2025, to approve audited financial statements for the year ended June 30, 2025. Shareholders will also re-elect four directors: Mr. Zhang Cheng Fei, Mr. Zhang Lianpeng, Ms. Chan Man Ki, Maggie, and Mr. Sun Po Yuen. The meeting will consider mandates to issue up to 20% of new shares and repurchase up to 10% of existing shares, extending the general mandate to include repurchased shares.

For FY2025, Nine Dragons Paper reported a net profit of RMB2.2 bn, a significant increase from RMB793.89 m in FY2024. Revenue also rose to RMB63.24 bn in FY2025 from RMB59.49 bn in FY2024. Total assets grew to RMB149.03 bn from RMB138.37 bn, and total equity reached RMB50.61 bn, up from RMB48.48 bn in FY2024. No final dividend was recommended for FY2025.

As of June 30, 2025, the total issued share capital was 4,692,220,811 Shares.