Yibin Paper Industry sees improved Q3, plans asset acquisition

Yibin Paper Industry reported a significant turnaround in its third-quarter 2025 financial performance, with profit attributable to shareholders returning to positive figures. Operating income increased substantially to CNY 1,729,476,089.48. This improvement is largely attributed to new corrugated paper business and enhanced profitability of acetic acid cellulose products.

The company's subsidiary, Jinzhu New Materials, plans to acquire industrial land, buildings, and ancillary facilities from related party Pushi Linkage Technology for CNY 124,988,800 (excluding tax). The transaction, approved by the board, is based on an appraisal valuing the assets at a 249.54% increase over their book value. This acquisition is part of Jinzhu New Materials’ operational and development needs and is pending shareholder approval.

Additionally, Yibin Paper Industry forecasts new related party transactions for 2025, totaling an estimated CNY 24,358,000 for purchasing raw materials and other services from various related entities, including Sichuan Jinzhu Paper Industry and Yibin Pushi Linkage Technology. These transactions are expected to support the company’s normal business operations.