---
title: "China Sunshine Paper Revamps Board with Director Resignations and New Appointments"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274184061.md"
description: "China Sunshine Paper Holdings Co. Ltd. announced board changes effective January 29, 2026, with the resignation of non-executive director Zhang Xiaohui and independent non-executive director Wang Zefeng due to personal reasons. They have no claims against the company. Industry veteran Chen Dongxu and Li Hengyuan have been appointed as new directors, aiming to enhance governance. Chen, with over 30 years of experience, will serve without fees. The stock currently holds a Hold rating with a price target of HK$1.00."
datetime: "2026-01-29T15:11:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274184061.md)
  - [en](https://longbridge.com/en/news/274184061.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274184061.md)
---

# China Sunshine Paper Revamps Board with Director Resignations and New Appointments

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China Sunshine Paper Holdings Co. Ltd. ( (HK:2002) ) has issued an announcement.

China Sunshine Paper Holdings has announced boardroom changes effective 29 January 2026, with non-executive director Zhang Xiaohui and independent non-executive director Wang Zefeng resigning due to personal engagements and relinquishing their roles on the remuneration, nomination and audit committees. Both departing directors stated they had no claims against the company or disagreements with the board, while the company simultaneously appointed industry veteran Chen Dongxu as a non-executive director and Li Hengyuan as an independent non-executive director, moves that refresh the board’s composition and committee leadership and may influence the group’s governance and strategic oversight without disrupting continuity. Mr. Chen brings over three decades of management experience, including senior roles at Shanghai-listed Xiamen C&D Inc., and will serve a three-year term without director’s service fees, underscoring a focus on experienced oversight and alignment with Hong Kong listing requirements.

The most recent analyst rating on (HK:2002) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Sunshine Paper Holdings Co. Ltd. stock, see the HK:2002 Stock Forecast page.

**More about China Sunshine Paper Holdings Co. Ltd.**

China Sunshine Paper Holdings Company Limited is a Hong Kong-listed group incorporated in the Cayman Islands, engaged in the paper industry through its subsidiaries. The company operates across the paper and pulp value chain, with its securities traded on the Main Board of the Stock Exchange of Hong Kong under stock code 2002.

**Average Trading Volume:** 132,857

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$1.32B

For an in-depth examination of 2002 stock, go to TipRanks’ Overview page.

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