China Sunshine Paper shareholders approve key agreements at EGM

China Sunshine Paper Holdings Company Limited successfully convened its Extraordinary General Meeting (EGM) on December 10, 2025, where shareholders approved two significant framework agreements. The Supplemental Purchase Framework Agreement with China Ramble Paper Company Limited and Xiamen C&D Paper & Pulp Group Co., Ltd., dated October 24, 2025, was ratified with 346,777,472 votes (100%) in favor. This agreement covers proposed annual caps for 2025 and 2026.

Similarly, the Supplemental Sales Framework Agreement, also dated October 24, 2025, between Shandong Century Sunshine Paper Group Co., Ltd. and Xiamen C&D Paper & Pulp Group Co., Ltd., received unanimous approval from shareholders, with 346,777,472 votes (100%) in favor. This resolution similarly outlines proposed annual caps for the years ending December 31, 2025, and 2026.

As of the EGM date, the total number of shares entitling holders to vote on the resolutions was 903,144,359, after 162,000,000 shares held by HK Paper Sources abstained from voting. All proposed resolutions were duly passed as ordinary resolutions.