According to the Zhitong Finance App, Nine Dragons Paper (02689) announced that the Group is expected to obtain a profit of approximately RMB 3.9 billion to RMB 4.1 billion as of June 30, 2026 (this year), an increase of 77.1% to 86.2% over RMB 2,201.7 billion for the year ended June 30, 2025 (last year). This increase in profit was mainly driven by increased sales; the increase in product prices and speed were significantly higher than the increase in raw material costs, thus driving the increase in gross profit.

The company issued US$400 million preferred perpetual capital securities in June 2024. The net profit attributable to holders of perpetual capital securities was approximately RMB 375.6 million this year. As a result, the Group expects the profit attributable to the company's equity holders to be between RMB 3.4 billion and RMB 3.6 billion this year, an increase of 92.4% to 103.7% over the previous year's RMB 1,767.1 billion.

The Company redeemed all of the unexpired Priority Perpetual Capital Securities on August 11, 2026. The US$400 million preferred perpetual capital securities have been redeemed, cancelled, and delisted from the Singapore Stock Exchange Limited.

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