Zhejiang Jingxing Paper Co., Ltd. achieved operating revenue of RMB 6.012 billion in 2025, representing a year-on-year increase of 9.72%. The tissue paper division produced 147,800 tpy of parent tissue roll, up 7.33% year-on-year, of which 137,000 tpy were directly sold externally, up 7.2% year-on-year.