Shandong Sun Paper announces Q3 2025 profit distribution, operational updates

Shandong Sun Paper Co., Ltd. announced a cash dividend of CNY 1.00 (tax inclusive) for every 10 shares, based on its total share capital of 2,794,535,119 shares, totaling CNY 279,453,511.90 for the first three quarters of 2025. This distribution, approved by the board on October 27, 2025, aligns with the company's dividend policy and shareholder authorization. The company reported a net profit attributable to shareholders of CNY 2,499,636,196.35 for the first three quarters of 2025, with total assets reaching CNY 57,845,133,312.08.

The board also approved the Q3 2025 financial report. Key operational highlights included the advancement of several significant projects. The second phase of the 140,000-ton specialty paper project in Shandong is expected to begin trial production in Q1 2026. Additionally, the 600,000-ton bleached chemical pulp and alkali recovery project, and the 700,000-ton high-grade packaging paper project, both in Shandong, were approved with estimated investments of CNY 3.51 bn and CNY 1.53 bn respectively.

In Guangxi, the Nanning Park projects are progressing rapidly, with PM11 of the 5.25m-ton pulp and paper integration project starting operation in August 2025, and PM12 entering the debugging phase in October 2025. PM9 of the second phase's 400,000-ton specialty paper line and the 350,000-ton bleached chemical pulp line began operation in September 2025. Four new household paper production lines (PM16-PM19) are also scheduled for debugging and operation by November 2025.