On September 23, 2026, Mr. Wang Dongxing, a member of a concert party, purchased 122,000 shares of SUNSHINE PAPER on the SEHK open market at an average of HKD 1.3641 per share, involving about HKD 166,420. This on-exchange active trade increased the deemed interest of Changhai Wang under section 318 of the SFO, as he is part of the concert party.

Prior to the acquisition, Changhai Wang's long position in SUNSHINE PAPER was 348.76 million shares, representing 32.74%; following the acquisition, the holding changed to 348.88 million shares, with the long position ratio rising to 32.75%.

This involves related parties: Wang Dongxing, Shi Weixin, Wang Yilong, Wang Feng, Sang Ziqian, Chen Xiaojun, Wang Yongqing, Zheng Fasheng, Zuo Xiwei, Ma Aiping, Sun Qingtao, Zhang Zengguo, Wu Rong, and Guo.