2024 Annual Report Summary of Shandong Chenming Paper Holdings Limited Stock code: 000488 200488 Stock abbreviation: ST Chenming Paper ST Chenming B Announcement No.: 2025-011 2024 Annual Report Summary of Shandong Chenming Paper Holdings Limited I. IMPORTANT NOTICE This annual report summary is extracted from the text of the annual report. For the full understanding of the operating results financial position and plan for further development investors should carefully read the text of the annual report published on the media as designated by the CSRC.All directors have attended the board meeting to review this report.Notice of non-standard auditor’s opinion □ Applicable □ Not applicable Grant Thornton (Special General Partnership) has issued an audit report with a qualified opinion for the Company. The Board and the Supervisory Committee of the Company have provided detailed explanations regarding the relevant matters. Investors are advised to carefully read these explanations.A proposed profit distribution plan or a proposed plan on conversion of capital reserves into share capital for the reporting period was considered and passed by the Board □ Applicable □ Not applicable The Company proposes not to distribute cash dividend issue bonus share or capitalise from capital reserves A proposed profit distribution plan on preference shares for the reporting period was considered and approved by the Board □ Applicable □ Not applicable II. BASIC INFORMATION ABOUT THE COMPANY 1. Company profile ST晨鸣 000488 Stock abbreviation Stock code ST晨鸣 B 200488 Stock exchange on which the shares are Shenzhen Stock Exchange listed Stock abbreviation CHENMING PAPER Stock code 01812 Stock exchange on which the shares are The Stock Exchange of Hong Kong Limited listed Stock abbreviation Nil before the change Contact persons and Hong Kong Company Secretary to the Board Securities affairs representatives contact methods Secretary Name Yuan Xikun Zhang Chuangyong Chen Lin Chu Hon Leung Email address chenmmingpaper@163.com friend537@163.com ZQCL0536@163.com liamchu@li-partners.com No. 2199 Nongsheng East 22nd Floor World Wide No. 2199 Nongsheng East Road Shouguang City Office address Road Shouguang City House Central Hong Shandong Shandong Kong Telephone 0536-2158008 0536-2158008 00852-21629600 Facsimile 0536-2158977 0536-2158977 00852-25010028 2. Overview of principle activities or products during the reporting period (1) Business overview of the Company The Company is a large modern conglomerate principally engaged in pulp production and paper making and committed itself to implementing a pulp and paper integration strategy. The Company has production bases in Shandong Guangdong Hubei Jiangxi Jilin and other places for the production of machine-made paper products covering more than 200 types in seven series including culture paper coated paper white cardboard copy paper industrial paper special paper and household paper. It is the enterprise with the largest variety of products and the most complete products in the domestic paper industry. It is also the first domestic paper making enterprise that achieves a balance between pulp production and paper making capacity in general. During the reporting period the machine-made paper business was the major source of revenue and profit of the Company with no significant changes in 12024 Annual Report Summary of Shandong Chenming Paper Holdings Limited the principal activity.In recent years the contradiction between supply and demand in the short term has been prominent due to the concentration of newly-added production capacity in the paper industry. As a result the prices of the Company’s major products continued to decline during the reporting period with a year-on-year decrease in gross profit. In addition some of the Company’s production bases had successively been in shutdown and maintenance in the fourth quarter leading to unsatisfactory capacity utilisation and a year-on-year decline in production and sales volumes. The Company made impairment provisions for certain assets and also increased the provision ratio for bad debts related to underperforming financial leasing customers out of prudence which collectively contributed to a decline in profitability. In 2024 the net profit attributable to shareholders of the Company recorded a loss of RMB7411 million. (2) Major products of the Company and their application The Company attaches great importance to technology research and development and brand benefits. Focusing on key areas of green papermaking technology the Company continuously strengthens the construction of research platforms and other hardware facilities and has a number of domestically leading innovative R&D platforms including a national enterprise technology centre a post-doctoral working station a collaborative innovation centre for cleaner production and refinery of light industry bio-based products the Shandong Pulp and Paper Making Engineering Lab in order to promote standardised production optimise and adjust its product structure and facilitate high-quality development of its principal business. During the reporting period the Companysuccessfully passed the audit of China Environmental United Certification Center and was awarded the certificate of “ChinaEnvironmental Labelling (Type I) Product Certification”. Projects such as the “development of green wet processing technology forcorn starch” were included in the 2024 Shandong Provincial Technological Innovation Project Campaign.Major brands of machine-made paper products and their applications are set out below: Major manufacturing Category Major brands and types Range of application companies 1. “BIYUNTIAN” “CLOUDY MIRROR” “CLOUDY LEOPARD” and “YUNJIN” all-wood pulp offset paper and electrostatic base paper 2. “CLOUDY LION” and “CLOUDY CRANE” original white offset Shouguang Headquarters paper Shouguang Meilun Printing publications textbooks magazines Culture paper 3. “CLOUDY PINE” and “GREEN PINE” light weight paper Zhanjiang Chenming covers illustrations notebooks test papers series 4. Blueprint paper colour offset paper pure texture paper non- Jiangxi Chenming teaching materials reference books etc. fluorescent offset paper PE offset paper Jilin Chenming 5. Beige and high white book paper 6. Light weight coated paper Double-sided coated paper is suitable for high quality printing such as high-grade picture albums picture magazines and so on promotional materials such as interior pages of high-end books wall calendars posters 1. “SNOW SHARK” and “EAGLE” one-sided coated paper and so on and suitable for suitable for high- Coated paper 2. “SNOW SHARK” “EAGLE” and “RABBIT” double-sided coated Shouguang Headquarters speed sheet printing and high-speed rotary series paper Shouguang Meilun printing; 3. “EAGLE” and “RABBIT” matte coated paper One-sided coated paper is suitable for upscale tobacco package paper adhesive sticker shopping bags slipcases envelopes gift wrapping and so on and suitable for large format printing and commercial printing. 1. White cardboard of “LIYA” series white cardboard and ivory cardboard of “LIPIN” and “POPLAR” series high bulk cardboard and High-end gift boxes cosmetics boxes tags ivory cardboard of “LIZZY” and “BAIYU” series and super high bulk shopping bags publicity pamphlets high-end White Shouguang Headquarters cardboard of “LIYING” and “BAIYU” series postcards; cigarette package printing of cardboard Jiangxi Chenming 2. Food package board of “LIYA” and “LIZZY” series medium and high quality; milk package series Zhanjiang Chenming 3. Coated cattle card and LIYA book card beverage package disposable paper cups 4. Playcard paper board milk tea cups and noodle bowls. 5. Chenming cigarette cardboard “GOLDEN MINGYANG” and “GOLDEN CHENMING” copy paper Shouguang Headquarters Copy paper “BOYA” and “BIYUNTIAN” copy paper “MINGYANG” “LUCKY Printing and copying business documentsShouguang Meilunseries CLOUDS” “BOYANG” and “SHANYIN” copy paper and training materials and writing.Zhanjiang Chenming “GONGHAO” and “TIANJIAN” copy paper Anti-stick base paper is mainly used for producing the paper base of stripping paper Shouguang Headquarters Industrial paper High-grade yellow anti-sticking base paper ordinary yellow/white anti- or anti-sticking base paper; Jiangxi Chenming series sticking base paper and PE paper Cast coated base paper is suitable for Zhanjiang Chenming producing adhesive paper or playcard compound paper after coating.High-grade adhesive backing paper for Special paper Thermal paper and glassine paper Shouguang Art Paper electronics medicine food washing supplies series supermarket labels double-sided tapes etc.Daily toilet supplies; used in restaurants and other catering industries and used in public Household Toilet paper facial tissue pocket tissue napkin paper towels and Shouguang Meilun toilets in hotels guesthouses and office paper series “XINGZHILIAN” buildings and also suitable for home and other environment. 3. Major accounting data and financial indicators (1) Major accounting data and financial indicators of the last three years Retrospective adjustment to or restatement of the accounting data for prior years by the Company 22024 Annual Report Summary of Shandong Chenming Paper Holdings Limited □ Yes □ No Unit: RMB Increase/decrease as at the end of the year As at the end of As at the end of 2024 As at the end of 2023 compared to the end of 2022 the prior year Total assets 63509295142.08 79487052953.58 -20.10% 84301017409.62 Net assets attributable to shareholders of 9156104358.9116692175196.53-45.15%19084565494.92 the Company Increase/decrease for the 2024 2023 year as compared to the 2022 prior year Revenue 22729474852.76 26608570228.20 -14.58% 32004367320.91 Net profit attributable to shareholders of -7410784491.65-1281289649.82-478.38%189290120.82 the Company Net profit after extraordinary gains or losses attributable to shareholders of the -7202385457.32 -1942120184.70 -270.85% -361459377.16 Company Net cash flows from operating activities 2623191664.60 4389949308.82 -40.25% 3449824242.37 Basic earnings per share (RMB per -2.53-0.45-462.22%0.03 share) Diluted earnings per share (RMB per -2.53-0.45-462.22%0.03 share) Rate of return on weighted average net Decreased by -57.25%-7.65%0.55% assets 49.60percentage points (2) Key Major Accounting Data by Quarter Unit: RMB Q1 Q2 Q3 Q4 Revenue 6761777174.00 7122954345.04 5940014289.43 2904729044.29 Net profit attributable to shareholders of the Company 58196200.97 -29549995.55 -738744725.34 -6700685971.73 Net profit after extraordinary gains or losses attributable to -226480578.98-44384464.53-804074160.18-6127446253.63 shareholders of the Company Net cash flows from operating activities 473092608.52 1519406784.55 391884014.73 238808256.80 Whether the above indicators or their aggregated amounts have any material difference with the respective amounts as disclosed in the quarterly report or interim report □ Yes □ No 4. Share capital and shareholders (1) Table of the number of shareholders of ordinary shares and shareholders of preference shares with voting rights restored and shareholding of top ten shareholders Unit: Shares Total number 138685 of which Total number of Total number of holders 133575 of which Total number of of ordinary 118804 were ordinary of Preference Shares 114573 were holders holders of Preference shareholders holders of A shares shareholders as at with restored voting right of A shares 18684 Shares with restored as at the end 19560 were holders the end of the month 0 as at the end of the 0 were holders of B voting right as at the of the of B shares and 321 prior to the month prior to the shares and 318 were end of the reporting reporting were holders of H publication date of disclosure date of the holders of H shares period period shares this annual report annual report Shareholdings of top 10 shareholders (excluding the shares lent under refinancing business) Number of Shares pledged tagged or Nature of Percentage of Number of Name of shareholders restricted shares locked-up shareholders shareholding shares held held Status of shares Number CHENMING HOLDINGS COMPANY State-owned Pledged and 15.50%455781319326322919 LIMITED legal person locked-up Overseas legal HKSCC NOMINEES LIMITED 12.69% 373366025 person CHENMING HOLDINGS (HONG Overseas legal 12.38%364131563 KONG) LIMITED (Note 1) person CHINA MERCHANTS SECURITIES Overseas legal 0.65%19157832 (HK) CO. LIMITED person Domestic Chen Hongguo (Note 2) 0.65% 19080044 19080044 Locked-up 19080044 natural person VANGUARD TOTAL Overseas legal INTERNATIONAL STOCK INDEX 0.50% 14771945 person FUND 32024 Annual Report Summary of Shandong Chenming Paper Holdings Limited Domestic Jin Xing 0.48% 14037796 natural person HONG KONG SECURITIES Overseas legal 0.43%12682163 CLEARING COMPANY LIMITED person China Merchants Bank Co. Ltd. - China Others 0.39% 11337534 Southern CSI 1000 ETF Fund VANGUARD EMERGING MARKETS Overseas legal 0.38%11271946 STOCK INDEX FUND person A shareholder Chenming Holdings (Hong Kong) Limited which is an overseas legal person is a wholly-owned subsidiary of a shareholder Chenming Holdings Company Related party relationship or acting in Limited which is a state-owned legal person. Save for the above it is not aware that any concert among the above shareholders other shareholders of tradable shares are persons acting in concert. It is also not aware that any other shareholders of tradable shares are related to each other.Chenming Holdings Company Limited held 455781319 RMB ordinary shares of which Securities margin trading of shareholders 326322919 shares were held through ordinary account and 129458400 shares were held through credit guarantee security account.Note 1: In order to meet its own capital needs Chenming Holdings (Hong Kong) Limited conducted share financing business with overseas institutions entrusting 210717563 B shares and 153414000 H shares of the Company held by it to the custody brokerage designated by overseas institutions. The aforesaid shares were subject to the risk of not to be recovered which may lead to a reduction in the Company’s shareholding but does not affect Chenming Holdings’ position as the largest shareholder and does not affect the Company’s control. For details please refer to the announcement disclosed by the Company on CNINFO on 18 July 2023 (announcement no.: 2023-058) and the insider information disclosed by the Company on the website of Hong Kong Stock Exchange on 18 July 2023.Note 2: During the reporting period pursuant to the 2020 Restricted A Share Incentive Scheme (Draft) the Company made payments for the repurchase of restricted shares not yet unlocked for the third unlocking period under the 2020 Restricted A Share Incentive Scheme. In the process of completing the procedures for the share transfer and cancellation the 6000000 restricted shares held by Chen Hongguo were judicially frozen. Hence the procedures for the transfer and cancellation of such restricted shares were not yet completed with the Shenzhen Branch of China Securities Depository and Clearing Corporation Limited. The 19080044 shares held by Chen Hongguo being a domestic natural person excludes the 6000000 restricted shares under the share incentive scheme.Share lending by shareholders interested in more than 5% top 10 shareholders and top 10 shareholders of non-restricted shares under refinancing business □ Applicable □ Not applicable Unit: share Share lending by shareholders interested in more than 5% top 10 shareholders and top 10 shareholders of non-restricted shares under refinancing business Number of shares lent Number of shares lent out but not yet Shareholding under Shareholding under out but not yet returned under ordinary account and ordinary account and returned under refinancing credit account as at the credit account as at the refinancing Name of shareholder (full arrangement as at the beginning of the period end of the period arrangement as at the name) beginning of the end of the period period Percentage Percentage Percentage Percentage Total Total Total Total to total share to total share to total share to total share amount amount amount amount capital capital capital capital China Merchants Bank Co.Ltd. - China Southern CSI 1653200 0.06% 354300 0.01% 11337534 0.39% 0.00 0.00% 1000 ETF Fund Changes of top 10 shareholders and top 10 shareholders of non-restricted shares due to lending/returning of shares under refinancing business as compared to prior period □ Applicable □ Not applicable (2) Total number of holders of Preference Shares of the Company and the shareholdings of the top ten holders of Preference Shares □ Applicable □ Not applicable During the reporting period there was no shareholding of holders of preference shares of the Company. 42024 Annual Report Summary of Shandong Chenming Paper Holdings Limited (3) Chart illustrating the relationship between the Company and the beneficial controller 5. Situation of bonds in existence on the date of approval of the annual report □ Applicable □ Not applicable III. Matters of significance 1. Overdue of some of the debts freezing of some of the bank accounts and shutdown of production bases In recent years the contradiction between supply and demand in the short term has been prominent due to the concentration of newly-added production capacity in the paper industry. The prices of the Company’s major paper products in particular the price of white cardboard have declined significantly under the influence of the supply-demand contradiction. Subsequently the profit level of the Company has been continuously decreasing and has even turned from profits into losses; coupled with the situation where some financial institutions have downsized the loan scale the Company and some of its subsidiaries have during certain phases faced issues of failing to repay some debts as scheduled. In response some creditors have filed lawsuits against these debts in the court and simultaneously applied for property preservation and the court has made a ruling to freeze some of the bank accounts of the Company and its subsidiaries. Since November certain production lines in Shouguang base and Zhanjiang base Jiangxi base and Jilin bases were shut down for maintenance. As at the end of the reporting period the Company and its subsidiaries had a cumulative of 210 bank accounts frozen. The cumulative frozen amount of the frozen bank accounts amounted to RMB44.1583 million (excluding deposits).For details please refer to the relevant announcements disclosed by the Company on CNINFO on 20 November 2024 and 21 December 2024 (announcement number: 2024-073 and 2024-079) and announcements disclosed by the Company on the website of Hong Kong Stock Exchange on 19 November 2024 and 20 December 2024. 2. Business status of Chenming Leasing At present the Company focuses on the development of its principal activities i.e. pulp production and paper making and continues to reduce the size of the financial leasing business. Some financial leasing customers experienced operational difficulties leading to unexpected situations such as litigations and seizures. The Company increased the provision ratio for bad debts related to these financial leasing customers out of prudence. As at the end of the reporting period the balance of financial leases of Chenming Leasing decreased to RMB4.467 billion. Among which receivables of RMB1.432 billion (principals of RMB1.219 billion) were overdue for which provisions of RMB668 million were made with a provision coverage rate of 46.65%. Certain assets were subject to seizure through litigation. The Company has resorted to among other things control of the underlying assets litigation for seizure recovery for guarantors and debt reconstruction with the overall risks under control. 3. Dissolution of Chenming Finance On 14 August 2024 the Resolution on Dissolution of Shandong Chenming Group Finance Co. Ltd. was considered and approved at the tenth meeting of the tenth session of the Board convened by the Company pursuant to which the Board of the Company agreed to authorise the management of the Company to deal with the matters relating to the dissolution of Chenming Finance. The dissolution of Chenming Finance is subject to the approval of the National Financial Regulatory Administration.For details please refer to the relevant announcement disclosed by the Company published on CNINFO on 15 August 2024 (announcement no.: 2024-047) and the relevant announcement disclosed on the website of Hong Kong Stock Exchange on 14 August 2024. 4. Information disclosure index for 2024 Annual Report Announcement Subject matter Date of publication Publication website and index No.Announcement on Pledge and Continued Pledge of 2024-001 19 January 2024 http://www.cninfo.com.cn Shares of Shareholder 2024-002 Announcement on Pledge of Shares of Shareholder 26 January 2024 http://www.cninfo.com.cn 2024-003 2023 Annual Results Forecast 31 January 2024 http://www.cninfo.com.cn 2024-004 Announcement on Pledge of Shares of Shareholder 8 February 2024 http://www.cninfo.com.cn Announcement on Adjustment to Amount of Guarantee 2024-005 22 February 2024 http://www.cninfo.com.cn Between Subsidiaries 52024 Annual Report Summary of Shandong Chenming Paper Holdings Limited Announcement on Release of Pledge of Shares of 2024-006 13 March 2024 http://www.cninfo.com.cn Shareholder Announcement on Resolution of the Fourteenth 2024-007 Extraordinary Meeting of the Tenth Session of the Board 23 March 2024 http://www.cninfo.com.cn of Directors Announcement on Equity Transfer of Subsidiary and 2024-008 23 March 2024 http://www.cninfo.com.cn Related Party Transaction Announcement on Resolutions of the Eighth Meeting of 2024-009 29 March 2024 http://www.cninfo.com.cn the Ten Session of the Board of Directors Announcement on Resolutions of the Eighth Meeting of 2024-010 29 March 2024 http://www.cninfo.com.cn the Ten Session of the Supervisory Committee 2024-011 Notice of 2023 Annual General Meeting 29 March 2024 http://www.cninfo.com.cn 2024-012 Special Statement on Securities Investment in 2023 29 March 2024 http://www.cninfo.com.cn 2024-013 Announcement on Re-appointment of Auditor for 2024 29 March 2024 http://www.cninfo.com.cn Announcement on Development of Equipment Financing 2024-014 29 March 2024 http://www.cninfo.com.cn Business Announcement on Carrying out Factoring Business of 2024-015 29 March 2024 http://www.cninfo.com.cn Accounts Receivable Announcement on Expected Provision of Guarantees to 2024-016 29 March 2024 http://www.cninfo.com.cn Subsidiaries for 2024 Announcement on Proposed Non-distribution of Profit for 2024-017 29 March 2024 http://www.cninfo.com.cn 2023 Announcement on Amendment to Related Governance 2024-018 29 March 2024 http://www.cninfo.com.cn Systems of the Company Announcement on Receipt of Financial Support and 2024-019 29 March 2024 http://www.cninfo.com.cn Related Party Transaction Announcement on Estimated Day-to-day Related Party 2024-020 29 March 2024 http://www.cninfo.com.cn Transactions for 2024 Announcement on Appointment of Securities Affairs 2024-021 29 March 2024 http://www.cninfo.com.cn Representatives 2024-022 Announcement on Provision of External Guarantee 29 March 2024 http://www.cninfo.com.cn Announcement on Proposed Issue of Corporate Bonds 2024-023 29 March 2024 http://www.cninfo.com.cn Overseas and Provision of Guarantee 2024-024 2023 Annual Report Summary 29 March 2024 http://www.cninfo.com.cn Announcement on Reduction of Registered Capital of 2024-025 29 March 2024 http://www.cninfo.com.cn Wholly-owned Subsidiary Announcement on the 2023 Annual Online Performance 2024-026 29 March 2024 http://www.cninfo.com.cn Briefing 2024-027 2024 First Quarterly Results Forecast 9 April 2024 http://www.cninfo.com.cn 2024-028 Announcement on Pledge of Shares of Shareholder 13 April 2024 http://www.cninfo.com.cn 2024-029 2024 First Quarterly Report 16 April 2024 http://www.cninfo.com.cn Announcement on Release of Pledge of Shares of 2024-030 20 April 2024 http://www.cninfo.com.cn Shareholder 2024-031 Announcement on Progress of Litigation 26 April 2024 http://www.cninfo.com.cn 2024-032 Announcement on Pledge of Shares of Shareholder 15 May 2024 http://www.cninfo.com.cn 2024-033 Results of the 2023 Annual General Meeting 15 May 2024 http://www.cninfo.com.cn Announcement on Adjustment to Amount of Guarantee 2024-034 20 June 2024 http://www.cninfo.com.cn Between Subsidiaries 2024-035 2024 Interim Results Forecast 13 July 2024 http://www.cninfo.com.cn Announcement on Pledge and Continued Pledge of 2024-036 Shares held by Shareholders and Partial Release of 16 July 2024 http://www.cninfo.com.cn Pledge of Shares 2024-037 Announcement on Pledge of Shares of Shareholder 24 July 2024 http://www.cninfo.com.cn Announcement on Partial Release of Pledge of Shares 2024-038 30 July 2024 http://www.cninfo.com.cn and Continued Pledge of Shares held by Shareholders Announcement on Resolutions of the Fifteenth 2024-039 Extraordinary Meeting of the Tenth Session of the Board 1 August 2024 http://www.cninfo.com.cn of Directors Announcement on Resolutions of the Sixth Extraordinary 2024-040 1 August 2024 http://www.cninfo.com.cn Meeting of the Tenth Session of the Supervisory 62024 Annual Report Summary of Shandong Chenming Paper Holdings Limited Committee Announcement on Failing to Fulfil the Unlocking Conditions for the Third Unlocking Period Under the 2024-041 1 August 2024 http://www.cninfo.com.cn 2020 Restricted A Share Incentive Scheme and Repurchase and Cancellation of Restricted Shares Review Opinions on the Unlocking Conditions for the Third Unlocking Period Under the 2020 Restricted A 2024-042 1 August 2024 http://www.cninfo.com.cn Share Incentive Scheme and Repurchase and Cancellation of Restricted Shares of the Supervisory Committee Announcement on Repurchase and Cancellation of 2024-043 1 August 2024 http://www.cninfo.com.cn Restricted A Shares and Notice to Creditors 2024-044 2024 Interim Report Summary 15 August 2024 http://www.cninfo.com.cn Announcement on Resolutions of the Tenth Meeting of 2024-045 15 August 2024 http://www.cninfo.com.cn the Tenth Session of the Board of Directors Announcement on Resolutions of the Tenth Meeting of 2024-046 15 August 2024 http://www.cninfo.com.cn the Tenth Session of the Supervisory Committee Announcement on Dissolution of Shandong Chenming 2024-047 15 August 2024 http://www.cninfo.com.cn Group Finance Co. Ltd. 2024-048 Announcement on Pledge of Shares of Shareholder 21 August 2024 http://www.cninfo.com.cn Announcement on Continued Pledge of Shares of 2024-049 27 August 2024 http://www.cninfo.com.cn Shareholder Announcement on Progress of Provision of Guarantee to 2024-050 31 August 2024 http://www.cninfo.com.cn a Subsidiary 2024-051 Announcement on Pledge of Shares of Shareholder 5 September 2024 http://www.cninfo.com.cn Announcement on Resolutions of the Sixteenth 2024-052 Extraordinary Meeting of the Tenth Session of the Board 7 September 2024 http://www.cninfo.com.cn of Directors 2024-053 Notice of the 2024 First Extraordinary General Meeting 7 September 2024 http://www.cninfo.com.cn Announcement on Pledge of Shares held by Shareholders 2024-054 12 September 2024 http://www.cninfo.com.cn and Partial Release of Pledge of Shares Announcement on Resolutions of the Seventeenth 2024-055 Extraordinary Meeting of the Tenth Session of the Board 20 September 2024 http://www.cninfo.com.cn of Directors 2024-056 Announcement on External Investment 20 September 2024 http://www.cninfo.com.cn Announcement on Release of Pledge of Shares by 2024-057 20 September 2024 http://www.cninfo.com.cn Shareholders Announcement on Resolution of the 2024 First 2024-058 24 September 2024 http://www.cninfo.com.cn Extraordinary General Meeting Announcement on Resolutions of the Eighteenth 2024-059 Extraordinary Meeting of the Tenth Session of the Board 30 September 2024 http://www.cninfo.com.cn of Directors Announcement on Provision of Guarantee in Favour of a 2024-060 30 September 2024 http://www.cninfo.com.cn Subsidiary Notice of the 2024 Second Extraordinary General 2024-061 30 September 2024 http://www.cninfo.com.cn Meeting Announcement on Resolution of the 2024 Second 2024-062 17 October 2024 http://www.cninfo.com.cn Extraordinary General Meeting Announcement on Resolutions of the Eleventh Meeting 2024-063 31 October 2024 http://www.cninfo.com.cn of the Ten Session of the Board of Directors Announcement on Resolutions of the Eleventh Meeting 2024-064 31 October 2024 http://www.cninfo.com.cn of the Ten Session of the Supervisory Committee 2024-065 2024 Third Quarterly Report 31 October 2024 http://www.cninfo.com.cn Announcement on Provision of Financial Assistance to 2024-066 31 October 2024 http://www.cninfo.com.cn Investee by a Subsidiary Announcement on Provision of Financial Assistance to an 2024-067 31 October 2024 http://www.cninfo.com.cn Invested Company and a Related Party Transaction 2024-068 Notice of the 2024 Third Extraordinary General Meeting 31 October 2024 http://www.cninfo.com.cn Announcement on Adjustment to Amount of Guarantee 2024-069 9 November 2024 http://www.cninfo.com.cn Between Subsidiaries Announcement on Resolutions of the Nineteenth 2024-070 Extraordinary Meeting of the Tenth Session of the Board 9 November 2024 http://www.cninfo.com.cn of Directors Announcement on Changes in Chairman and 2024-071 9 November 2024 http://www.cninfo.com.cn Composition of Board Committees 72024 Annual Report Summary of Shandong Chenming Paper Holdings Limited Announcement on Retirement of Deputy General 2024-072 9 November 2024 http://www.cninfo.com.cn Manager Announcement on Overdue of Some of the Company’s 2024-073 20 November 2024 http://www.cninfo.com.cn Debts and Freezing of Some of Its Bank Accounts Announcement on Unusual Price Movement of Shares of 2024-074 25 November 2024 http://www.cninfo.com.cn the Company 2024-075 Announcement on Pledge of Shares of Shareholder 28 November 2024 http://www.cninfo.com.cn Announcement on Resolution of the 2024 Third 2024-076 29 November 2024 http://www.cninfo.com.cn Extraordinary General Meeting Announcement on Partial Release of Pledge of Shares 2024-077 3 December 2024 http://www.cninfo.com.cn and Re-Pledge of Shares of Shareholders Announcement on Completion of Repurchase and 2024-078 20 December 2024 http://www.cninfo.com.cn Cancellation of Certain Restricted Shares Announcement on the Progress in Temporary Shutdown 2024-079 21 December 2024 http://www.cninfo.com.cn and Maintenance of Certain Production Bases The Board of Shandong Chenming Paper Holdings Limited 31 March 2025 8