China Sunshine Paper Holdings Company Limited (Stock Code: 2002) has announced supplemental agreements to its existing purchase and sales framework arrangements with Xiamen C&D, an entity holding 15.21% of its issued share capital. These agreements constitute continuing connected transactions under Chapter 14A of the Listing Rules and will require Independent Shareholders’ approval at an upcoming Extraordinary General Meeting (EGM).

Under the Supplemental Purchase Framework Agreement, Ramble Paper, an indirect subsidiary of China Sunshine Paper, may now procure coal and chemical auxiliary materials in addition to wood pulp and packaging paper products from Xiamen C&D. Annual purchase caps for 2025 and 2026 are proposed to rise to RMB490.4 million and RMB1,096.4 million, respectively.

Meanwhile, the Supplemental Sales Framework Agreement adjusts the upper limits for packaging paper product sales from Century Sunshine (a subsidiary of China Sunshine Paper) to Xiamen C&D. Revised annual caps for 2025 and 2026 stand at RMB682 million and RMB851 million, respectively. A circular detailing the transaction terms, independent financial adviser’s opinion, and EGM notice is set for dispatch on or before 20 November 2025.