Shanying Paper Abstract of 2017 Annual Report

Source: Announcement of Shanghai Stock Exchange of China on March 20th 2018

2017 Annual report discloses that the whole year of 2017, Shanying International Share Holding Company achieved net income of 20.15 billion yuan, an increase of 471% compared to the same period of 2016. Among these, production of newspaper 161,800 tons;  Nordic Paper Company was acquired on October 24th, 2017, its specialty paper production in November and December is 45,500 tons. For the packaging industry, Shanying has established package design center, consistently explored the mode of package industry + web and achieved milestone like breakthrough.

In 2017, the company won a reward of  “The 2016 Chinese Light Industrial Paper Making Industry Top Ten Enterprises” and “Top 100 Enterprises of Light Industry in China” (top 35)with honor and were shortlisted for Fortune’s Top 500 Chinese Enterprises.

Link to Announcement: