WUZHOU SPECIAL PAPER plans to increase capital by 780 million yuan for its Jiangxi subsidiary to optimize its capital structure

Wuzhou Special Paper Industry Group Co., Ltd. announced that it plans to increase its capital by 780 million yuan to its wholly-owned subsidiary Wuzhou Special Paper Industry Co., Ltd. After the completion of this capital increase, the registered capital of the Jiangxi subsidiary will increase from 1.1 billion yuan to 1.88 billion yuan, with the company's shareholding ratio remaining unchanged. This matter has been approved by the 16th meeting of the third board of directors and does not require deliberation by the shareholders' meeting, nor does it constitute a related party transaction or a major asset restructuring. As of June 30, 2025, the total assets of the Jiangxi subsidiary amounted to 5,686.7734 million yuan, with liabilities of 3,841.1111 million yuan. From January to June 2025, the revenue was 2,195.26 million yuan, and the net profit was 82.9275 million yuan. The capital increase will help optimize its capital structure, but future operations will be affected by costs and market demand, and the company will actively respond to risks