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Bohui Paper unveils plan to boost value, governance

December 20, 2025 at 05:23 AM UTCBy FilingReader AI

Shandong Bohui Paper Industrial Co., Ltd. has introduced a "Quality Improvement, Efficiency Enhancement, and Increased Shareholder Returns" action plan, approved by its third extraordinary board meeting in 2025. This initiative focuses on deepening core business operations, increasing shareholder returns through consistent dividend policies, and accelerating the development of new quality productive forces. The company has already executed six dividend distributions since 2020, totaling approximately 625 million yuan, with a 2024 cash dividend of 35.175 million yuan.

In related governance updates, the company's 2025 third extraordinary general meeting, held on December 19, approved several key proposals, including the 2025 and 2026 related-party transactions, a 2026 futures hedging plan, and a new compensation management policy for directors and senior management. Additionally, the board appointed Shen Qiang as the new deputy general manager and board secretary, replacing Wei Yongqing, who will transition to investment-related duties.

The plan emphasizes sustainable development, technological innovation, and strengthened investor relations, ensuring transparency and adherence to regulatory requirements. The company will continue to improve its governance structure and internal controls, underscoring its commitment to long-term growth and shareholder value.

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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