Jingxing Paper to build USD 32.0m (CNY 215m) paper cutting and logistics centre

Chinese containerboard maker Jingxing Paper has approved a CNY 215m (USD 32.0m) investment through its wholly owned subsidiary Zhejiang Jingxing Pulp and Paper to build a paper cutting, packaging and logistics trade centre in Zhejiang province. The facility, to take ten months to build, will handle trading of 400,000 tonnes of recycled pulpboard and 100,000 tonnes of virgin wood pulp and provide cutting and packing capacity for 200,000 tonnes of containerboard, supporting the sale in China of the group's overseas recycled pulpboard and containerboard output.

Why this mattersThe hub secures Jingxing's imported pulp supply chain and lets it serve smaller, customised containerboard orders from domestic customers.

• Board approved the project at its first meeting of the ninth session, reported 24 September 2026
• Planned total investment is CNY 215m (USD 32.0m)
• Construction period is expected to be ten months
• Facility targets trading capacity of 400,000 tonnes recycled pulpboard and 100,000 tonnes virgin wood pulp, plus cutting and packaging of 200,000 tonnes of containerboard
• Projected annual revenue is CNY 2bn (USD 298.1m) with annual pre-tax profit of CNY 60.5m (USD 9.0m)
• Static payback period is 4.56 years pre-tax and 5.28 years post-tax

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