HENGFENG PAPER: Plans to issue shares to purchase assets

HENGFENG PAPER announced that the company intends to acquire 100% equity of Sichuan Fuhua Bamboo Pulp Paper Industry Group Co., Ltd. and Jin Feng Paper held by Zhang Hua through the issuance of shares, with a transaction price of 268 million yuan. The independent financial advisor is BOC International Securities. This transaction constitutes a related party transaction but does not constitute a major asset reorganization. After the transaction is completed, the changes in the company's operations and earnings will be the company's own responsibility, and investors should pay attention to investment risks