Yibin Paper Industry sees strong first half 2025 performance
Yibin Paper Industry announced a substantial turnaround in the first half of 2025, reporting a profit attributable to shareholders of CNY 22,064,806.69, a significant improvement from a loss of CNY 22,015,402.87 in the prior year. Operating revenue also grew by 6.89% to CNY 1,230,427,566.11, driven by the expansion into corrugated cardboard box manufacturing. This growth highlights the success of the company's strategic focus on pulp and paper, acetic acid cellulose, and new corrugated cardboard box segments.
The company's board of directors, in its second meeting of the twelfth session on August 28, 2025, approved the half-yearly report and several key governance updates. These include revisions to the "Major Decisions, Important Personnel Appointments and Removals, Major Project Arrangements and Large-Scale Capital Operations System" and the "Asset Impairment Provision and Write-Off Management Measures (Trial)." These updates aim to enhance corporate governance, strengthen risk control, and ensure the accuracy of financial reporting.
Furthermore, the board assessed the risk management of Sichuan Yibin Wuliangye Group Finance Co., Ltd., confirming its legal compliance and robust risk control systems. Yibin Paper Industry and its subsidiaries held CNY 61.56 million in deposits and CNY 1,117.39 million in loans with the finance company as of June 30, 2025, with all regulatory indicators met.
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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