Hengfeng Paper greenlights asset acquisition, bolsters core business
Mudanjiang Hengfeng Paper (SSE: 600356) has announced plans to proceed with a major asset restructuring, acquiring 100% equity in Sichuan Jinhefeng Paper through a share issuance, a move set to consolidate its core special paper business. A series of resolutions, including those confirming the transaction’s compliance with regulatory guidelines, and related agreements, will be put to a shareholder vote at the company’s upcoming second extraordinary general meeting in June 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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