China Sunshine Paper Holdings Co. Ltd. (HK:2002) has released an update.
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China Sunshine Paper Holdings Co. Ltd. has provided a supplemental and clarification announcement to its 2023 Annual Report, detailing amendments to previous errors. The company has revised the annual caps for its steam and electricity supply agreements with Weifang Shengtai Medicine Co., Ltd, ensuring that the sales for FY2023 remained below the newly set thresholds. These agreements are part of a strategic move to prioritize internal supply needs while generating substantial revenue for the group.
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