Qingshan Paper addresses investor questions in half-year briefing

Fujian Qingshan Paper Industry Co., Ltd. (600103) conducted its 2025 half-year earnings presentation on October 22, 2025, via the Shanghai Stock Exchange Roadshow Center. The company addressed investor concerns across various topics, including strategies for mitigating trade war uncertainties and the operational status of its subsidiaries.

Key questions from investors included the supply relationship between subsidiary Hengbaotong Malaysia and FABRINET. The company confirmed that Hengbaotong Optoelectronics (Malaysia) Co., Ltd. has a supply cooperation with FABRINET. Furthermore, regarding Hengbaotong's optical modules, the 800G optical modules are currently in the sample trial production phase, with no involvement in 1.6T optical module research and development at this time.

The company also addressed investor concerns about delayed responses on its interactive platform, with the board secretary apologizing and committing to timely engagement moving forward. Regarding major shareholder share reductions, the company clarified that these related to non-publicly issued shares and complied with relevant regulations. Finally, the slow progress of the WAXON Pharmaceutical special food production line, a fundraising project, was also discussed, with further details available in ongoing periodic reports.