2025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

Stock code: 000488 200488 Stock abbreviation: ST Chenming Paper ST Chenming B Announcement No.: 2026-010

2025Annual 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 unqualified audit report with an emphasis of matter paragraph on the

Company’s 2025 financial statements. The Board of the Company has provided a detailed explanation of the relevant matter.Investors are advised to review it carefully.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 INFORMATIONABOUT 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 listed Shenzhen Stock Exchange

Stock abbreviation CHENMING PAPER Stock code 01812

Stock exchange on which the shares are listed The Stock Exchange of Hong Kong Limited

Stock abbreviation before the change Nil

Contact persons and contact

methods Secretary to the Board Securities affairs representatives

Hong Kong Company

Secretary

Name Yuan Xikun Chen Lin Chu Hon Leung

Office address No. 2199 Nongsheng East Road No. 2199 Nongsheng East Road 22nd Floor World WideShouguang City Shandong Shouguang City Shandong House Central Hong Kong

Telephone 0536-2158008 0536-2158008 00852-21629600

Facsimile 0536-2158977 0536-2158977 00852-25010028

Email address chenmmingpaper@163.com chenmmingpaper@163.com liamchu@li-partners.com

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 papermaking and steadfastly

committed itself to implementing a pulp and paper integration strategy with production bases in Shandong Guangdong Hubei

Jiangxi Jilin and other regions. It is the first paper manufacturer in China to achieve a balance between pulp production and

papermaking capacity. The Company offers a rich and extensive portfolio of machine-made paper products covering more than 200

types in seven series including cultural paper coated paper white cardboard copy paper industrial paper special paper and

household paper. It is the enterprise with the most diverse and comprehensive product range within the domestic paper industry.During the reporting period the machine-made paper business was the major source of revenue and profit of the Company.During the reporting period the Company’s Huanggang production base was in normal operation while the production bases in

Shouguang Jiangxi and Jilin were largely inactive during the first three quarters of 2025 and the Zhanjiang production base

12025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

remained idle throughout the year. Shutdown losses and maintenance expenses incurred for the period increased year-on-year and

the production and sales of machine-made paper experienced a significant year-on-year decrease which affected both revenue and

profit. Meanwhile due to the operational halts the Company made impairment provisions for certain assets which further affected

profit for the current period. Furthermore to focus on its principal activities of pulp production and papermaking the Company

divested all assets related to its financial leasing business in the fourth quarter of 2025 and had since ceased all financial leasing

activities. In accordance with the relevant requirements of the Accounting Standards for Business Enterprises the Company

conducted impairment tests on the credit profiles of its financial leasing customers during the reporting period and made bad debt

provisions for certain financial leasing activities. In 2025 the Company recorded revenue of RMB6187 million and net profit

attributable to shareholders of the Company of a loss of RMB8296 million.During the reporting period with robust support from Party committees and governments at all levels and financial institutions

the Company proactively implemented multiple measures to enhance operational efficiency and management level centred around

end-to-end cost reduction and efficiency enhancement as well as all-round new product development. Firstly the steady progress in

resuming full operation and production led to a significant increase in equipment operation rate and capacity utilisation rate of its

restarted production lines as compared to the prior year. Secondly optimised procurement procedures and enhanced workflow

management significantly lowered raw material sourcing and logistics costs. Thirdly the Company enhanced regular communication

with financial institutions to secure interest rate reductions and loan extensions resulting in a 16.87% decrease in finance expenses as

compared to the corresponding period of the prior year.

(2) Major products of the Company and their application

Major brands of machine-made paper products of the Company and their applications are set out below:

Major

Category Major brands and types manufacturing Range of application

companies

1. “BIYUNTIAN” “CLOUDY MIRROR”

“CLOUDY LEOPARD” and “YUNJIN” all-

wood pulp offset paper and electrostatic base Shouguang

paper Headquarters

2. “CLOUDY LION” and “CLOUDY ShouguangCRANE” original white offset paper Meilun Printing publications textbooksCulture paper

3.“CLOUDY PINE” and “GREEN PINE” light Zhanjiang magazines covers illustrations notebooksseries

weight paper Chenming test papers teaching materials reference

4. Blueprint paper colour offset paper pure books etc.Jiangxi

texture paper non-fluorescent offset paper PE Chenming

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 pictures magazines and so

on promotional materials such as interior

1. “SNOW SHARK” and “EAGLE” one-sided pages of high-end books wall calendarsShouguang

coated paper posters and so on and suitable for high-

Coated paper Headquarters2. “SNOW SHARK” “EAGLE” and speed sheet printing and high-speed rotary

series “RABBIT” double-sided coated paper Shouguang printing;

3. “EAGLE” and “RABBIT” matte coated Meilun One-sided coated paper is suitable for

paper 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 Shouguang

ivory cardboard of “LIZZY” and “BAIYU” High-end gift boxes cosmetics boxes tags

White Headquartersseries and super high bulk cardboard of shopping bags publicity pamphlets high-

cardboard “LIYING” and “BAIYU” series Jiangxi end postcards; cigarette package printing of

series 2. Food package board of “LIYA” and Chenming medium and high quality; milk package

“LIZZY” series Zhanjiang beverage package disposable paper cups

3. Coated cattle card and LIYA book card Chenming milk tea cups and noodle bowls.

4. Playcard paper board

5. Chenming cigarette cardboard

“GOLDEN MINGYANG” and “GOLDENCopy paper ShouguangCHENMING” copy paper “BOYA” and

series Headquarters

Printing and copying business documents

“BIYUNTIAN” copy paper “MINGYANG” training materials and writing.“LUCKY CLOUDS” “BOYANG” and Shouguang

22025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

“SHANYIN” copy paper and “GONGHAO” Meilun

and “TIANJIAN” copy paper Zhanjiang

Chenming

Shouguang Anti-stick base paper is mainly used for

Headquarters producing the paper base of stripping paper

Industrial paper High-grade yellow anti-sticking base paper or anti-sticking base paper;

series ordinary yellow/ white anti-sticking base paper

Jiangxi

and PE paper Chenming Cast coated base paper is suitable for

Zhanjiang producing adhesive paper or playcard

Chenming compound paper after coating.High-grade adhesive backing paper for

Special paper

Thermal paper and glassine paper Shouguang Art electronics medicine food washingseries Paper supplies supermarket labels double-sided

tapes etc.Daily toilet supplies; used in restaurants

Household Toilet paper facial tissue pocket tissue napkin Shouguang and other catering industries and used in

paper series paper towels and “XINGZHILIAN” Meilun public toilets in hotels guesthouses andoffice buildings and also suitable for home

and other scenarios.

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

□ Yes□ No

Unit: RMB

As at the end of As at the end of Increase/decrease as at the

2025 2024 end of the year compared

As at the end of

to the end of the prior year 2023

Total assets 50620148908.13 63509295142.08 -20.29% 79487052953.58

Net assets attributable to shareholders of the

Company 903835592.13 9156104358.91 -90.13% 16692175196.53

Increase/decrease for the

2025 2024 year as compared to the 2023

prior year

Revenue 6186550243.97 22729474852.76 -72.78% 26608570228.20

Net profit attributable to shareholders of the

Company -8295932402.88 -7410784491.65 -11.94% -1281289649.82

Net profit after extraordinary gains or losses

attributable to shareholders of the Company -7669266539.27 -7202385457.32 -6.48% -1942120184.70

Net cash flows from operating activities 243208407.71 2623191664.60 -90.73% 4389949308.82

Basic earnings per share (RMB per share) -2.83 -2.53 -11.86% -0.45

Diluted earnings per share (RMB per share) -2.83 -2.53 -11.86% -0.45

Rate of return on weighted average net assets -164.83% -57.25% Decreasedby107.58percentage points -7.65%

(2) Key Major Accounting Data by Quarter

Unit: RMB

Q1 Q2 Q3 Q4

Revenue 797157638.89 1309473313.41 1241229778.93 2838689512.74

Net profit attributable to shareholders of the Company -1451634120.47 -2406319070.09 -2149863362.61 -2288115849.71

Net profit after extraordinary gains or losses

attributable to shareholders of the Company -1461511392.25 -2183852223.56 -2164751046.01 -1859151877.45

Net cash flows from operating activities 530619916.12 254683358.07 -82713992.15 -459380874.33

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

32025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

(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 104539 of which Total number of 100846 of which

of ordinary ordinary Total number of

Total number of holders

of Preference Shares

shareholders 87742were holders shareholders as at 84373 were holders holders of Preference with restored voting right

as at the end of A shares 16486 the end of the month of A shares16162 Shares with restored 0 as at the end of the 0

of the were holders of B prior to the were holders of B voting right as at the

reporting shares and 311 were publication date of shares and311 were end of the reporting

month prior to the

period disclosure date of theperiod holders of H shares this annual report holders of H shares annual report

Shareholdings of top 10 shareholders (excluding the shares lent under refinancing business)

Shares pledged tagged or

Name of shareholders Nature of Percentage of Number of

Number of

locked-up

shareholders shareholding shares held restricted sharesheld Status of shares Number

CHENMING HOLDINGS COMPANY State-owned Pledged 386811546

LIMITED legal person 15.50% 455781319 0 Frozen 409956441

HKSCC NOMINEES LIMITED Overseas legalperson 12.70% 373423525 0 N/A 0

CHENMING HOLDINGS (HONG Overseas legal

KONG) LIMITED person 12.38% 364131563 0 N/A 0

Jin Xing Domesticnatural person 1.29% 37885027 0 N/A 0

Chen Hongguo Domesticnatural person 0.65% 19080044 0 Frozen 19080044

Xu Hekun Domesticnatural person 0.28% 8380250 0 N/A 0

Ji Zhongqiu Domesticnatural person 0.27% 8008174 0 N/A 0

Pan Jiankai Domesticnatural person 0.26% 7779906 0 N/A 0

Zhang Xinge Domesticnatural person 0.21% 6180000 0 N/A 0

Xu Shaosen Domesticnatural person 0.18% 5403463 0 N/A 0

A shareholder Chenming Holdings (Hong Kong) Limited which is an overseas legal

Related party relationship or acting in person is a wholly- owned subsidiary of a shareholder Chenming Holdings Company

concert among the above shareholders Limited which is a state-owned legal person. Save for the above it is not aware that anyother 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 409956441 shares were held through ordinary account and 45824878 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: On 1 November 2024 pursuant to the 2020 Restricted A Share Incentive Scheme (Draft) the Company made

payments to the participants 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 Mr. 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 Mr. Chen Hongguo being a domestic natural person excludes the

6000000 restricted shares to be cancelled 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

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

42025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

□ Applicable□ Not applicable

During the reporting period there was no shareholding of holders of preference shares of the Company.

(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. Resumption of operation and production of production bases

During the reporting period with the firm support and guidance of Party committees and governments at all levels the

Company fully leveraged the role of the Group’s Party Committee as the “backbone” and adhered to the principles of “safety firstefficiency first and profitability first”. Focusing on cost reduction efficiency improvement and innovation-driven reform the

Company prioritised the resumption of operation and production of its production bases with overall planning in pursuit of

syndicated loans as well as key aspects such as equipment maintenance technological upgrades material supply and product sales.In 2025 the Huanggang production base maintained stable production while the three major production bases in Shouguang Jiangxi

and Jilin successfully resumed operation one after another. As of the date of this report the Zhanjiang production base has resumed

full operation. Going forward the Company will strengthen end-to-end cost reduction and efficiency enhancement as well as all-

round new product development adopt a benefit-centric approach to enhance market analysis continuously optimise its product

structure devote resources into developing competitive product offerings. With the measures including strengthening budget control

and revitalising existing assets the Company will enhance capital utilisation efficiency strengthen the profitability and market

competitiveness of the Company effectively mitigate debt risks and drive the Company towards sustained stable and healthy

development.

2. Thorough divestiture of assets related to financial leasing business

In order to further focus on the development strategy of pulp production and papermaking its principal activities and to

facilitate its high- quality development the Company transferred by way of agreement 100% equity interest in Shandong

Chenming Leasing 25% equity interest in Qingdao Chenming Leasing and 25% equity interest in Shanghai Chenming Leasing held

by its wholly owned subsidiary Chenming (HK) together with the debts of RMB2262956100 owed to its majority-owned

subsidiary Zhanjiang Chenming Paper by Shandong Chenming Leasing to Shouguang Shengjia Investment Co. Ltd. a wholly

state- owned enterprise under the Finance Bureau of Shouguang City. The machinery and equipment assets of the net carrying

amount of RMB47.6275 million held under Shandong Chenming Leasing and located in Xuchang City Henan Province were not

included in the scope of the disposal. The total consideration for the transfer amounted to RMB3336.3530 million including the

equity transaction consideration of RMB1073.3969 million and the debt transaction consideration of RMB2262.9561 million. The

transaction was approved at the Company’s first extraordinary meeting of the eleventh session of the Board held on 12 December

2025 and at the Company’s second extraordinary general meeting of 2025 held on 31 December 2025. Upon completion of the

transaction the Company ceased to engage in any financial leasing activities. As of the end of the reporting period the Company had

received the first instalment of the equity transfer payment of RMB330 million.For details please refer to the relevant announcements disclosed by the Company on CNINFO on 13 December 2025 16

December 2025 and 5 January 2026 (Announcement No.: 2025-076 2025-077 and 2025-078) and the announcements disclosed on

Hong Kong Stock Exchange website on 14 December 2025 15 December 2025 16 December 2025 23 December 2025 and 31

December 2025.

52025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

3. Dissolution of Shandong Chenming Group Finance Co. Ltd.

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 the financial

company. On 12 February 2025 the finance company received the Approval of the National Financial Regulatory Administration on

the Dissolution of Shandong Chenming Group Finance Co. Ltd. (Jin Fu [2025] No. 86) which approved the dissolution of the

finance company.For relevant details please refer to the relevant announcements disclosed by the Company on CNINFO on 15 August 2024 and

15 February 2025 (announcement number: 2024-047 and 2025-005) and the announcements disclosed by the Company on the

website of Hong Kong Stock Exchange on 14 August 2024 and 14 February 2025.

4. Termination of construction of Huanggang Chenming Phase II Project

On 25 April 2025 and 15 May 2025 the Resolution on Termination of Construction of Huanggang Chenming Phase II Project

was considered and approved at the twentieth extraordinary meeting of the tenth session of the Board and the 2024 annual general

meeting respectively. In view of market changes and its current operations in order to avoid further impact of capital expenditures

on liquidity and to effectively safeguard the interests of the Company and all shareholders based on the principle of prudence the

Company terminated the construction of the Huanggang Chenming Phase II Project.For relevant details please refer to the relevant announcements disclosed by the Company on CNINFO on 26 April 2025 and 16

May 2025 (announcement number: 2025-037 and 2025-042) and the announcements disclosed by the Company on the website of

Hong Kong Stock Exchange on 25 April 2025 and 15 May 2025.

5. Information disclosure index for 2025 Annual Report

Announce

ment No. Subject matter Date of publication

Publication website and

index

2025-001 Announcement on Partial Release of Pledge of Shares and Re-Pledge of Shares of Shareholder 3 January 2025 http://www.cninfo.com.cn

2025-002 Announcement on Partial Release of Pledge of Shares andPledge and Freezing of Shares of Shareholder 24 January 2025 http://www.cninfo.com.cn

Announcement in Relation to Among Others the Progress in

2025-003 Temporary Shutdown and Maintenance of Certain Production 24 January 2025 http://www.cninfo.com.cn

Bases and Cumulative Litigation

2025-004 2024 Annual Results Forecast 24 January 2025 http://www.cninfo.com.cn

2025-005 Announcement on Progress of Dissolution of ShandongChenming Group Finance Co. Ltd. 15 February 2025 http://www.cninfo.com.cn

Announcement on Imposition of Other Risk Warnings in Respect

2025-006 of Shares of the Company and Suspension of Trading in Shares 20 February 2025 http://www.cninfo.com.cn

of the Company

2025-007 Announcement on Unusual Price Movement of Shares of theCompany 26 February 2025 http://www.cninfo.com.cn

2025-008 Announcement on New Cumulative Litigation 1 March 2025 http://www.cninfo.com.cn

2025-009 Announcement on Progress of Equity Transfer of Subsidiary andRelated Party Transaction 15 March 2025 http://www.cninfo.com.cn

2025-010 Announcement on Judicial Freeze and Waiting Freeze of SharesHeld by Shareholders 15 March 2025 http://www.cninfo.com.cn

2025-011 2024 Annual Report Summary 1 April 2025 http://www.cninfo.com.cn

2025-012 Announcement on Resolutions of the Twelfth Meeting of the TenSession of the Board of Directors 1 April 2025 http://www.cninfo.com.cn

2025-013 Announcement on Resolutions of the Twelfth Meeting of the TenSession of the Supervisory Committee 1 April 2025 http://www.cninfo.com.cn

2025-014 Notice of 2024 Annual General Meeting 1 April 2025 http://www.cninfo.com.cn

2025-015 Announcement on the 2024 Annual Online Performance Briefing 1 April 2025 http://www.cninfo.com.cn

2025-016 Special Statement on Securities Investment in 2024 1 April 2025 http://www.cninfo.com.cn

2025-017 Announcement on Proposed Non-distribution of Profit for 2024 1 April 2025 http://www.cninfo.com.cn

2025-018 Announcement on Carrying out Factoring Business of AccountsReceivable 1 April 2025 http://www.cninfo.com.cn

2025-019 Announcement on Development of Equipment FinancingBusiness 1 April 2025 http://www.cninfo.com.cn

2025-020 Announcement on Expected Provision of Guarantees toSubsidiaries for 2025 1 April 2025 http://www.cninfo.com.cn

2025-021 Announcement on Re-appointment of Auditor for 2025 1 April 2025 http://www.cninfo.com.cn

2025-022 Announcement on Estimated Day-to-day Related PartyTransactions for 2025 1 April 2025 http://www.cninfo.com.cn

2025-023 Announcement on Changes in Accounting Policies 1 April 2025 http://www.cninfo.com.cn

2025-024 Special Statement of the Board of Directors on Matters Related 1 April 2025 http://www.cninfo.com.cn

62025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

to the 2024 Audit Report

2025-025 Special Statement of the Board of Directors on Matters Relatedto the 2024 Internal Control Audit Report 1 April 2025 http://www.cninfo.com.cn

The Opinion of the Supervisory Committee on the Special

2025-026 Statement of the Board of Directors on Matters Related to the 1 April 2025 http://www.cninfo.com.cn

2024 Audit Report

The Opinion of the Supervisory Committee on the Special

2025-027 Statement of the Board of Directors on Matters Related to the 1 April 2025 http://www.cninfo.com.cn

2024 Internal Control Audit Report

2025-028 Announcement on Imposition of Other Risk Warnings in Respectof Shares of the Company 1 April 2025 http://www.cninfo.com.cn

2025-029 Valuation Enhancement Plan 1 April 2025 http://www.cninfo.com.cn

2025-030 Announcement on the Waiting Freeze of Shares Held byShareholders 1 April 2025 http://www.cninfo.com.cn

2025-031 Announcement on Cumulative Newly Overdue Debts 1 April 2025 http://www.cninfo.com.cn

2025-032 Indicative Announcement on Change in Shareholding ofControlling Shareholder 12 April 2025 http://www.cninfo.com.cn

2025-033 Announcement on the Partial Release of Pledge of Shares ofShareholder and the New Waiting Freeze 12 April 2025 http://www.cninfo.com.cn

2025-034 Announcement on New Cumulated Litigation 12 April 2025 http://www.cninfo.com.cn

2025-035 Announcement on Resolutions of the Twentieth ExtraordinaryMeeting of the Tenth Session of the Board of Directors 26 April 2025 http://www.cninfo.com.cn

2025-036 Announcement on External Guarantees Provided by theCompany and its Majority-owned Subsidiaries 26 April 2025 http://www.cninfo.com.cn

2025-037 Announcement on the Termination of Construction ofHuanggang Chenming Phase II Project 26 April 2025 http://www.cninfo.com.cn

Announcement on the Transfer of Non-Controlling Shareholding

2025-038 in a Subsidiary of the Company to Huanggang Technology and 26 April 2025 http://www.cninfo.com.cn

the Provision of Guarantee by Huanggang Chenming

Announcement on the Addition of Temporary Proposals to the

2025-039 2024 Annual General Meeting and Supplementary Notice of the 26 April 2025 http://www.cninfo.com.cn

General Meeting

2025-040 2025 First Quarterly Report 30 April 2025 http://www.cninfo.com.cn

2025-041 Announcement on Participating in the 2025 Online CollectiveReception Day for Investors of Listed Companies in Shandong 14 May 2025 http://www.cninfo.com.cn

2025-042 Results of the 2024 Annual General Meeting 16 May 2025 http://www.cninfo.com.cn

2025-043 Announcement on Progress of Provision of Guarantee to aSubsidiary 16 May 2025 http://www.cninfo.com.cn

2025-044 Announcement on New Cumulated Litigation 24 May 2025 http://www.cninfo.com.cn

2025-045 Indicative Announcement on Postponement of Election of theBoard of Directors and the Supervisory Committee 14 June 2025 http://www.cninfo.com.cn

2025-046 Announcement on Progress of Litigation 28 June 2025 http://www.cninfo.com.cn

2025-047 Announcement on Estimated Interim Results for the Six MonthsEnded 30 June 2025 15 July 2025 http://www.cninfo.com.cn

2025-048 Announcement on Unusual Price Movement of Shares of theCompany 7 August 2025 http://www.cninfo.com.cn

2025-049 Announcement on Unusual Price Movement of Shares of theCompany 8 August 2025 http://www.cninfo.com.cn

2025-050 Announcement in respect of Resolutions of the FourteenthMeeting of the Tenth Session of the Board of Directors 30 August 2025 http://www.cninfo.com.cn

2025-051 Announcement in respect of Resolutions of the FourteenthMeeting of the Tenth Session of the Supervisory Committee 30 August 2025 http://www.cninfo.com.cn

2025-052 2025 Interim Report Summary 30 August 2025 http://www.cninfo.com.cn

2025-053 Announcement on Resolutions of the Twenty-First ExtraordinaryMeeting of the Tenth Session of the Board of Directors 30 August 2025 http://www.cninfo.com.cn

2025-054 Notice of the 2025 First Extraordinary General Meeting 11 October 2025 http://www.cninfo.com.cn

2025-055 Announcement on Amendment to Related Governance Systemsof the Company 11 October 2025 http://www.cninfo.com.cn

2025-056 Announcement on External Guarantees Provided by theCompany and its Majority-owned Subsidiaries 11 October 2025 http://www.cninfo.com.cn

2025-057 Announcement on Provision of Guarantee to a majority-ownedSubsidiary 11 October 2025 http://www.cninfo.com.cn

2025-058 Announcement on the Election of the New Session of the Board 11 October 2025 http://www.cninfo.com.cn

2025-059 Declaration and Undertaking of Independent Director Candidate(Zhang Zhiyuan) 11 October 2025 http://www.cninfo.com.cn

2025-060 Declaration and Undertaking of Independent Director Candidate(Luo Xinhua) 11 October 2025 http://www.cninfo.com.cn

72025 Annual Report Summary of Shandong Chenming Paper Holdings Limited

2025-061 Declaration and Undertaking of Independent Director Candidate(Wan Gang) 11 October 2025 http://www.cninfo.com.cn

2025-062 Declaration and Undertaking of Independent Director Candidate(Kong Pengzhi) 11 October 2025 http://www.cninfo.com.cn

2025-063 Declaration and Undertaking of Nominator for IndependentDirector (Zhang Zhiyuan) 11 October 2025 http://www.cninfo.com.cn

2025-064 Declaration and Undertaking of Nominator for IndependentDirector (Luo Xinhua) 11 October 2025 http://www.cninfo.com.cn

2025-065 Declaration and Undertaking of Nominator for IndependentDirector (Wan Gang) 11 October 2025 http://www.cninfo.com.cn

2025-066 Declaration and Undertaking of Nominator for IndependentDirector (Kong Pengzhi) 11 October 2025 http://www.cninfo.com.cn

2025-067 Announcement on Resolutions of the 2025 First ExtraordinaryGeneral Meeting 29 October 2025 http://www.cninfo.com.cn

2025-068 Announcement on the Election of Employee DirectorRepresentative for the Eleventh Session of the Board of Directors 29 October 2025 http://www.cninfo.com.cn

2025-069 Announcement in respect of Resolutions of the First Meeting ofthe Eleventh Session of the Board of Directors 29 October 2025 http://www.cninfo.com.cn

Announcement on the Completion of the Election of the New

2025-070 Session of Board of Directors and the Engagement of Senior 29 October 2025 http://www.cninfo.com.cn

Management and Other Relevant Personnel

2025-071 Announcement in respect of Resolutions of the Second Meetingof the Eleventh Session of the Board of Directors 31 October 2025 http://www.cninfo.com.cn

2025-072 2025 Third Quarterly Report 31 October 2025 http://www.cninfo.com.cn

2025-073 Announcement on Provision for Asset Impairment 31 October 2025 http://www.cninfo.com.cn

2025-074 Announcement on the Shares Held by Shareholders Subject toSubordinated Freezing Order 29 November 2025 http://www.cninfo.com.cn

2025-075 Announcement on Resolutions of the First ExtraordinaryMeeting of the Eleventh Session of the Board of Directors 13 December 2025 http://www.cninfo.com.cn

2025-076 Announcement on the Divestiture of Assets Related to theFinancial Leasing Business 13 December 2025 http://www.cninfo.com.cn

2025-077 Notice of the 2025 Second Extraordinary General Meeting 16 December 2025 http://www.cninfo.com.cn

2025-078 Announcement on Resolution of the 2025 Second ExtraordinaryGeneral Meeting 5 January 2026 http://www.cninfo.com.cn

The Board of Shandong Chenming Paper Holdings Limited

30 March 2026

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