Zhejiang Jingxing Paper releases Q3 results, redeems bonds, boosts cash management

Zhejiang Jingxing Paper Joint Stock reported a consolidated operating income of 4.197 bn yuan for the first three quarters of 2025, with a net profit attributable to shareholders of 40.86m yuan. The company's total assets reached 9.003 bn yuan by the end of the reporting period.

The company announced the full redemption and delisting of its "Jingxing Convertible Bonds." A total of 14,995 bonds, valued at 100.290 yuan per bond (including interest), were redeemed on October 23, 2025. This action, following the triggering of conditional redemption clauses, led to the bonds being delisted from the Shenzhen Stock Exchange on October 31, 2025.

Additionally, Zhejiang Jingxing Paper's board approved the use of up to 600m yuan in idle self-owned funds for cash management over a 12-month period, aimed at enhancing capital efficiency and shareholder returns. As of the announcement date, 275.67m yuan of these funds were already allocated to wealth management products.