Yibin Paper Industry elects employee director amid stock volatility

Yibin Paper Industry (SSE:600793) announced the election of Chen Yuhao as an employee director to its twelfth board of directors, effective May 19, 2025, following a staff representative meeting. Chen, who previously held roles in the company's finance department and board office, also serves as the deputy director of the board office and a securities affairs representative. His term coincides with that of the twelfth board. The announcement comes as Yibin Paper Industry acknowledges recent abnormal stock trading. From May 16-20, 2025, the company's stock experienced a cumulative deviation of over 20%, triggering an alert under Shanghai Stock Exchange rules.