ST晨鸣B：2026年半年度报告（英文版）

(a joint stock company incorporated in the People’s Republic of China with limited liability)Stock Code: 1812 2026INTERIM REPORT IImportant Notice, Table of Contents and Definitions The board of directors (the “Board”), the directors (the “Directors”), and the senior management (the “Senior Management”) of theCompany hereby warrant the truthfulness, accuracy and completeness of the contents of the interim report, guarantee that there areno false representations, misleading statements or material omissions contained in this interim report, and are jointly and severallyresponsible for the liabilities of the Company. Jiang Yanshan, head of the Company, Zhu Yanli, head in charge of accounting, and Zhang Bo, head of the accounting department(Accounting Officer), declare that they warrant the truthfulness, accuracy and completeness of the financial report in the interimreport. All Directors have attended the board meeting to review this interim report. This interim report has been reviewed by the AuditCommittee of the Company. The Company is exposed to various risk factors such as macro-economic fluctuation, adjustment of state policy and competition inthe industry. Investor should be aware of investment risks. For further details, please refer to the risk exposures of the Company andthe measures to be taken to address them as set out in Management Discussion and Analysis. The Company does not propose distribution of cash dividends or bonus shares, and there will be no increase of share capital fromreserves. IImportant Notice, Table of Contents and Definitions Table of Contents IImportant Notice, Table of Contents and Definitions1IICompany Profile and Key Financial Indicators5IIIManagement Discussion and Analysis9IVCorporate Governance, Environment and Society33VMaterial Matters38VIChanges in Share Capital and Shareholders60VIIBonds68VIIIFinancial Report69 IImportant Notice, Table of Contents and Definitions Documents Available for Inspection (I)The financial statements signed and sealed by the head of the Company, the head in charge of accounting and the head ofthe accounting department;(II)the interim report signed by the legal representative;(III)the original copies of all of the documents and announcements of the Company disclosed on the designated website asapproved by the China Securities Regulatory Commission during the reporting period;(IV)the interim report disclosed on The Stock Exchange of Hong Kong Limited; and(V)other relevant information. IICompany Profile and Key Financial Indicators I.Company profile STStock code000488STB200488Shenzhen Stock ExchangeChenming PaperStock code01812The Stock Exchange of Hong Kong LimitedN/ASHANDONG CHENMING PAPER HOLDINGS LIMITEDSCPHJiang Yanshan Stock abbreviation Stock exchanges on which the shares are listedStock abbreviationStock exchanges on which the shares are listedPrevious stock abbreviation (if any)Name in Chinese of the CompanyShort name in Chinese of the CompanyName in English of the Company (if any)Short name in English of the Company (if any)Legal representative of the Company II.Contact persons and contact methods NameYuan XikunCorrespondenceAddressNo. 2199 Nongsheng East Road,Shouguang City, Shandong ProvinceTelephone0536-5135888Facsimile0536-5135688Email addresscmir@chenming.com.cn Chen LinNo. 2199 Nongsheng East Road, ShouguangCity, Shandong Province0536-51358880536-5135688cmir@chenming.com.cn Chu Hon Leung22nd Floor, World Wide House,Central, Hong Kong00852-2162960000852-25010028liamchu@li-partners.com III.Other information 1.Contact methods of the Company Whether the registered address, office address, postal code, website, email and others of the Company changed duringthe reporting period ApplicableNot applicable No. 595 Shengcheng Road, Shouguang City, ShandongProvince262700No. 2199 Nongsheng East Road, Shouguang City,Shandong Province262705http://www.chenmingpaper.comcmir@chenming.com.cn13 April 2026, 14 April 2026 Registered address of the Company Postal code of the registered address of the CompanyOffice address of the Company Postal code of the office address of the CompanyWebsite of the CompanyEmail address of the CompanyDate of enquiry on the designated websites for interimannouncements (if any)Index for the designated websites for interimannouncements (if any) http://www.hkex.com.hk, http://www.cinifo.com.cn 2.Information disclosure and places for inspection Whether the information disclosure and places for inspection changed during the reporting period ApplicableNot applicable There was no change of the websites of the stock exchanges and the names and websites of the media where theCompany discloses its interim report, and places for inspection of the Company’s interim report during the reportingperiod. Please refer to the 2025 annual report for details. IICompany Profile and Key Financial Indicators III.Other information(Cont'd) 3.Other relevant information Whether other relevant information chan