Fujian Qingshan Paper controlling shareholder's stake dips 1%

Fujian Qingshan Paper Industry Co. announced today that its controlling shareholder and persons acting in concert experienced a 1% reduction in their combined equity. From October 28, 2025, to December 5, 2025, Fujian Energy Group Co., a key affiliate, divested 22,409,582 shares, representing 1.00% of the total share capital.

Prior to these transactions, Fujian Energy Group held 200,409,582 shares (8.94% of total capital), which decreased to 178,000,000 shares (7.94%) post-reduction. Collectively, the controlling shareholder and its persons acting in concert, including Fujian Energy Group, Fujian Light Textile (Holdings) Group, Fujian Salt Industry Group, and Fujian Jin Huang Trading, saw their combined holdings fall from 627,351,806 shares (28.00%) to 604,942,224 shares (27.00%).

The company clarified that this equity change does not involve disclosures of equity change reports, acquisition reports, or tender offer reports. Furthermore, it will not alter the company's controlling shareholder or actual controller, nor will it impact the corporate governance structure or ongoing operations.