Nine Dragons Paper, Golden Phoenix Paper, and several other paper companies have updated their price increase notices.

　• Nine Dragons Dongguan Base

　　Nine Dragons Dongguan Base: Due to rising operating costs, our group has decided to increase the price of grey-backed white cardboard at the Dongguan base by RMB/HKD 50/ton (USD 7/ton) effective December 15th.

　　• Jiulong Taicang Base

　　Nine Dragons Taicang Base: Due to rising operating costs, our group has decided to increase the price of gray-backed whiteboard paper at the Taicang base by RMB 50 per ton, effective December 15.

　　• Nine Dragons Tianjin Base

　　Nine Dragons Tianjin Base: Due to rising operating costs, our group has decided to increase the price of gray-backed whiteboard paper at the Tianjin base by RMB 50 per ton, effective December 15th.

　　Golden Phoenix Paper Industry

　　Starting December 8th, all weights will be increased by 50 yuan/ton, based on the current prices.

　　• Zhejiang Minglu Holding Group Co., Ltd.

　　1. Due to recent increases in raw material costs, resulting in higher production costs, in order to ensure a continuous supply of high-quality products to our customers, we would like to inform our users of the following and ask for your understanding:

　　2. Starting from December 15, 2025, the prices of our group's single-sided coated whiteboard paper products, namely Changjiang Huifeng, Sichuan Minglu, and Shantou Yaode, will be increased by RMB 50 per ton based on the current prices.

　　• Dezhou Shenggang Paper Industry

　　Due to the significant increase in raw material prices, and in order to ensure the sustainable development of our company and better serve our customers, adhering to the business philosophy of "long-term honest service, common development, and winning with quality," after careful consideration from various aspects, our company has decided to increase the price of finished paper by 100 yuan/ton starting from December 5, 2025.