Hengfeng Paper appoints new independent director

Mudanjiang Hengfeng Paper (SSE:600356) announced resolutions from its 7th meeting of the 11th Board of Directors today. A key decision was the approval of Qian Xue Ren as a candidate for independent director, pending shareholder approval, to fill a vacancy on the board. The board also approved adjustments to its specialist committee membership to accommodate the new director. Furthermore, the company has engaged Beijing Era Nine & He Law Firm as its legal counsel for a one-year term, with a service fee of 200,000 RMB. Finally, the board scheduled the 2025 First Extraordinary General Meeting for April 8, 2025. All resolutions were passed unanimously by the attending directors.