Yueyang Forest Paper announced that the company plans to purchase 100% of the shares of Hunan Juntai New Material Technology Co., Ltd. held by the controlling shareholder Teglin Paper Group Co., Ltd. with 127,8425 million yuan in cash. Proposals relating to this transaction have been reviewed and approved by the 36th meeting of the 8th board of directors of the Company and the 23rd meeting of the 8th board of supervisors. The transaction is subject to approval by the shareholders' meeting. Before the shareholders' meeting is held, the asset evaluation project must be filed by the competent state-owned assets department, and the final transaction price is based on the registered asset evaluation results.

Yueyang Forest Paper announced that the company plans to purchase 100% of the shares of Hunan Juntai New Material Technology Co., Ltd. held by the controlling shareholder Teglin Paper Group Co., Ltd. with 127,8425 million yuan in cash. Proposals relating to this transaction have been reviewed and approved by the 36th meeting of the 8th board of directors of the Company and the 23rd meeting of the 8th board of supervisors. The transaction is subject to approval by the shareholders' meeting. Before the shareholders' meeting is held, the asset evaluation project must be filed by the competent state-owned assets department, and the final transaction price is based on the registered asset evaluation results.