Chenming Paper (01812) has released its interim results for the six months ended June 30, 2026. During the period, the group recorded revenue of RMB 6.865 billion, a significant surge of 225.9% year-on-year; however, it posted a net loss attributable to shareholders of the listed company amounting to RMB 786 million, representing a reduction of 79.61% compared to the same period last year. The basic loss per share stood at RMB 0.27.

According to the company's announcement, during the reporting period, the company proactively adapted to market changes and intensified refined management practices. By setting clear strategic operational targets, restructuring its organizational framework, enhancing management systems, and implementing a series of measures—including optimizing logistics and transportation, advancing process technological upgrades, strengthening independent equipment maintenance, and expanding diversified sales channels—the company achieved a balance between production and sales, further reducing costs and improving efficiency. As a result, the company's overall operations saw a substantial narrowing of losses.

Additionally, leveraging the full resumption of production and operations across its various manufacturing bases, the company achieved a significant year-on-year increase in production and sales volumes, while downtime losses decreased considerably year-on-year. Furthermore, the company actively negotiated further interest rate reductions with creditors, leading to a notable decline in financial expenses. Moreover, following the divestment of all finance lease-related assets in the fourth quarter of last year, the impact of credit impairment losses and asset impairment losses on the current reporting period was substantially reduced year-on-year.