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Hengan Records an Operating Profit of Approximately RMB 1.979 Billion in H1 2026, Up 12.6% Year‑On‑Year Hengan Group posted a turnover of approximately RMB 11.091 billion in H1 2026, a year‑on‑year decrease of 6.1%. Its operating profit stood at around RMB 1.979 billion, rising 12.6% compared with the same period of last year. Gross profit increased by 2.7% year‑on‑year to RMB 3.914 billion, with gross margin improving by 3.0 percentage points to 35.3%. Net profit attributable to shareholders of the listed company was approximately RMB 1.254 billion, down 8.7% year‑on‑year.
[2026-09-08] Lee & Man Posts HKD 14.842 Billion Revenue in H1 2026, with Tissue Paper Revenue of Approximately HKD 3.495 Billion Lee & Man China recorded a total operating revenue of approximately HKD 14.842 billion in the first half of 2026, representing a year‑on‑year increase of 21.29%. Of this total, revenue from the tissue paper business stood at about HKD 3.495 billion, rising by 25.18% year‑on‑year. Profit for the period reached HKD 1.373 billion, a year‑on‑year growth of 69.35%. In H1 2026, Lee & Man proactively seized opportunities brought by export growth and improved market demand. It continued to leverage its advantages including integrated pulp‑and‑paper layout, overseas production capacity deployment and technology upgrading to drive down costs, resulting in a remarkable improvement in overall operating performance.
[2026-09-08] Shandong Rikang Plans to Build 2 Adult Diaper and 2 Adult Under-pad Production Lines It is reported that Shandong Rikang Sanitary Products Co., Ltd. keeps advancing its new plant expansion project to boost production capacity. Covering an area of 14 000 square meters, the new plant is scheduled for full completion and commissioning at the end of August. Two adult diaper production lines and two adult under-pad production lines are planned for the new facility to fully upgrade its intelligent and standardized manufacturing system. Upon full-capacity operation of the new plant in 2026, its turnover is expected to exceed RMB 80 million.
[2026-09-08] Vietnam’s Hung Ha Paper’s Tissue Machine Successfully Commissioned In August, the tissue machine of Vietnam’s Hung Ha Paper Co., Ltd. was successfully commissioned. The machine was supplied by Shandong Hicredit Heavy Machinery Co., Ltd. Gaoda Technology Co., Ltd. provided supporting DCS and MCC control systems as well as permanent-magnet energy-saving motors for the tissue machine.
[2026-09-08] Baoding Weituo’s 3550 Crescent Tissue Machine Successfully Commissioned at Baoding Luchun On August 6, the third tissue machine supplied by Baoding Weituo Machinery Co., Ltd. to Baoding Luchun Paper Co., Ltd. was successfully commissioned. The machine features a web width of 3.55 m, an operating speed of 1 200 m/min, and a capacity of 24 000 tpy. It is a new-type energy-saving and environment-friendly high speed tissue machine and a key mdel of Weituo. It adopts energy-saving breathable hood, multi-stage turbulent flow headbox and high-performance frequency converters (1.5 kW~500 kW). The machine delivers excellent sheet formation and MD-CD tensile ratio, and can significantly cut steam consumption, power consumption and other operating costs.
[2026-09-08] Vietnam’s Xuan Phong Paper’s BC1300-3550 Tissue Machine Supplied by Baotuo Paper Machine Successfully Commissioned Recently, the BC1300-3550 tissue machine supplied by Baotuo Paper Machine, under Baosuo Group, for Vietnam’s Xuan Phong Paper has been successfully commissioned. The machine boasts a design speed of 1 300 m/min and a web width of 3.55 m, with a single-machine capacity of 20 000 tpy. Baosuo Group undertook the general contracting for the whole project scope, including stock preparation, white water treatment, papermaking, slitting and rewinding.
[2026-09-08] Guangxi Qingyun Paper’s TM5 Successfully Commissioned On August 23, the TM5 of Guangxi Qingyun Paper Co., Ltd. was successfully commissioned. Supplied by Xi’an Weiye, the machine features a web width of 2.85 m and an operating speed of 1 600 m/min, with a capacity of 16 000 tpy. In September 2025, four tissue machines under Phase-I of Guangxi Qingyun Paper’s tissue paper project were all put into production. Following the commissioning of TM5, the total capacity of Guangxi Qingyun Paper will reach 80 000 tpy.
[2026-09-08] Guizhou Jiaozi Paper’s Wet Toilet Paper Production Line Put into Operation, Daily Capacity Rises to 600,000 Packs Recently, the fully-automatic high-end wet toilet paper intelligent production line of Guizhou Jiaozi Paper Industry has been successfully put into operation, lifting its daily capacity from 200,000 packs to 600,000 packs. The whole production line adopts a fully-automatic closed-loop operation from raw materials to finished products. According to company officials, “Current orders received by Guizhou Jiaozi Paper have increased by around 50% compared with last year. The order backlog has been scheduled until the end of Q3 2026, and all production lines are running at high speed continuously.”
[2026-09-08] Refinno (Suzhou) Industrial System to Supply Four 4.6 m Extra-wide Fine-denier High-speed Through-air Bonding Production Lines to Chibi Hengrui Nonwovens Co., Ltd. On August 3, the strategic cooperation signing ceremony between Refinno (Suzhou) Industrial System Co.,Ltd. and Chibi Hengrui Nonwovens Co., Ltd. was successfully held at the conference center of Chibi Municipal Government, Hubei Province. The two companies reached in-depth strategic cooperation on the project of 4.6 meter extra-wide fine-denier high-speed through-air bonding nonwoven fabric production lines. At present, Chibi Hengrui operates 6 spunlace nonwoven production lines and 2 sets of 3 meter through-air bonding nonwoven production lines, with an annual output value of nearly RMB 350 million. The self-developed 4.6 m extra-wide fine-denier high-speed through-air bonding production line from Refinno can reach a maximum operating speed of over 180 m/min. It is compatible with fibres ranging from 0.4 D to 3 D, showing prominent advantages in processing fine-denier fibres. The localization rate of main equipment exceeds 90%. Equipped with flexible carding and high-speed web-transfer technologies, and matched with the 4.6 meter Robhot high-penetration low-energy-consumption wide-width oven, the line balances product quality and energy-saving performance.
[2026-09-08] Pre‑approval Public Notice: TM17‑20 Wet‑process Papermaking Combined Workshop, Liansheng Pulp & Paper (Zhangzhou) Tissue Paper Expansion Recently, the pre‑approval public notice for the construction permit of TM17‑20 wet‑process papermaking combined workshop under the tissue paper expansion project of Liansheng Pulp & Paper (Zhangzhou) Co., Ltd.’s 5.57 million tpy forest‑pulp‑paper integration expansion project has been released. Located in Chihu Industrial Park, Zhangpu County, Zhangzhou City, Fujian Province, the project covers a total construction area of approximately 143,800 m², with a plot‑ratio‑calculated construction area of around 250,400 m². The 5.57 million tpy forest‑pulp‑paper integration expansion project of Liansheng Pulp & Paper (Zhangzhou) Co., Ltd. is sited within Chihu Industrial Park, Zhangpu County. For pulping raw materials, the project mainly relies on wood chips supplied by overseas forest bases and overseas procurement, and also makes use of a large volume of commercial wood chips from local and surrounding areas, logging residues and off‑cuts from wood processing plants. The overall expansion project has a total investment of RMB 17.6 billion. The pulping capacity consists of 1.207 million tpy chemical pulp and 0.96 million tpy chemi‑mechanical pulp. The papermaking capacities cover 1.20 million tpy cultural paper, 0.51 million tpy thin‑paper, 1.02 million tpy special‑purpose packaging paper and 0.68 million tpy high‑end information‑technology‑grade paper.
[2026-09-08] Baoding Weituo Paper Machinery delivered tissue‑machine retrofitting services for Baoding Yusen Hygiene Products Co., Ltd. Recently, Baoding Weituo Paper Machinery Co., Ltd. successfully commissioned two retrofitted high‑speed tissue machines with a parent roll tissue width of 2.85 meters for Baoding Yusen Hygiene Products Co., Ltd. This project involves the conversion of vacuum‑cylinder tissue machines into crescent former tissue machines, covering key technologies such as the felt washing section, forming section and headbox flow‑delivery system. Weituo Machinery provides full‑package services including engineering design, installation supervision, machine commissioning, operator training and start‑up support. Upon commissioning, the tissue machines achieved stable operating speed and reduced operating costs.
[2026-09-08]
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