Nanning Sun Paper, a wholly owned subsidiary of Sun Paper, plans to donate 10 million yuan in cash along with household paper and other supplies to the Hengzhou Charity Federation. The donation is earmarked for emergency rescue and relief in flood-stricken areas of Hengzhou, relocation and settlement of affected residents, provision of basic living necessities, repair of damaged infrastructure, and post-disaster recovery and reconstruction. The donation will be funded by the subsidiary's own capital, will not affect the normal operations of the company's existing business, and will not have a material impact on the company's current or future operating performance.
Shan Dong Sun Paper Industry Joint Stock Co LtdDonation of 10 million yuan and supplies for flood relief, funded by own capital, with no material impact on operations or performance.