CHENMING PAPER (01812) fell over 6% again, declining 6.67% to HK$0.84 as of press time, with turnover of HK$2.6198 million.

On the news front, CHENMING PAPER recently released its interim results for 2025, reporting revenue of RMB 2.107 billion, down 84.83% year-on-year. The company recorded a net loss attributable to shareholders of RMB 3.858 billion, swinging from profit to loss compared to the same period last year.

During the reporting period, some production lines at the company's Zhanjiang, Jilin, and Shouguang production bases remained shut down for maintenance, leading to year-on-year declines in production and sales volumes, which impacted revenue and profit performance. Due to the production line shutdowns, the company made impairment provisions for certain assets and bad debt provisions for receivables, resulting in decreased profitability.

The company noted that since the fourth quarter of 2024, some of its production lines have been shut down for maintenance, and the company has disclosed these matters in accordance with the relevant provisions of the Shenzhen Stock Exchange Listing Rules. As of the end of the reporting period, the company's cumulative overdue debt reached RMB 3.821 billion, with 332 bank accounts frozen and a cumulative frozen amount of RMB 39.3805 million (excluding deposits). Some of the company's production lines remain shut down for maintenance.