Core Viewpoint - The company, Shandong Bohui Paper Industry Co., Ltd., has announced its third-quarter report for 2025, detailing its financial performance and significant corporate decisions, including asset purchases and sales involving related parties [8][24]. Financial Data - The third-quarter report for 2025 has been confirmed as accurate and complete by the company's board and management [2][3]. - The financial statements for the first nine months of 2025 are unaudited [5][6]. Shareholder Information - The company has not reported any changes in major shareholders or voting rights for preferred shareholders [4]. Corporate Governance Changes - The company plans to abolish its supervisory board, transferring its responsibilities to the audit committee of the board, and will amend its articles of association accordingly [11][14]. - The board has approved several governance rule revisions to enhance internal management [14][19]. Related Party Transactions - The company’s subsidiary, Jiangsu Bohui, intends to purchase new equipment for upgrading its chemical pulp production from a related party, Wenrui Machinery, for an amount not exceeding RMB 46 million (excluding VAT) [25][28]. - The company also plans to sell idle assets to related parties, Guangxi Jingu and Jinlong Pulp and Paper, for a total assessed value of RMB 32.978 million [47][49]. Impact of Transactions - The purchase of new equipment is expected to enhance production efficiency and reduce chemical consumption, contributing to the company's green development goals [41][45]. - The sale of idle assets is aimed at optimizing the company's asset structure and improving operational efficiency [79][83].

Core Viewpoint - The company plans to purchase new equipment for upgrading its chemical pulp production process, which is expected to significantly reduce chemical consumption and production costs, thereby supporting its green and high-quality development strategy [1] Group 1: Transaction Details - The subsidiary Jiangsu Bohui Paper Industry Co., Ltd. intends to acquire equipment from the related party Wenrui Machinery (Shandong) Co., Ltd. [1] - The transaction amount is not to exceed RMB 46 million (excluding VAT) [1] Group 2: Operational Impact - The acquisition is aimed at enhancing the production capacity and process level of the existing chemical pulp [1] - It is expected to substantially lower the chemical consumption and cost per ton of chemical pulp [1]