Bohui Paper plans 2026 related party transactions, board expansion

Shandong Bohui Paper Industrial Co., Ltd. (Bohui Paper) announced its 2026 plans for routine related-party transactions, projecting a total value of 1,022,432.09 million yuan. This includes an estimated 200,306.74 million yuan for energy and power purchases, and 638,900.95 million yuan for raw materials and goods. The company also anticipates sales of 170,942.40 million yuan to related parties. These transactions are designed to secure stable energy and raw material supplies, expand sales channels, and optimize resource utilization, with pricing guided by market conditions or cost-plus methods.

The company will also seek shareholder approval for providing guarantees to its wholly-owned and controlled subsidiaries—Jiangsu Bohui Paper Co., Ltd., Zibo Dahua Paper Co., Ltd., Zibo Huahui Paper Co., Ltd., and Hong Kong Bohui Feng Investment International Co., Ltd.—for an aggregate amount not exceeding 11,278 million yuan in 2026. This is to support their financing needs while mitigating risk, as all guaranteed entities are directly or indirectly 100% owned.

In addition, Bohui Paper plans to conduct commodity futures hedging operations in 2026, with a maximum margin allocation of 150 million yuan and a total contract value not exceeding 1,500 million yuan. This strategy aims to hedge against price fluctuations in raw materials and finished products like paper pulp and printing paper. Shareholders will also consider the appointment of Mr. Jiang Daojun as a non-independent director to the eleventh board, effective immediately upon approval.