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Chenming is a major Chinese pulp and paper group producing wood pulp, paper and paperboard from its base in Shouguang, Shandong.

Last updated September 26, 2026

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Overview

Chenming Paper (晨鸣纸业), formally Shandong Chenming Paper Holdings Limited, is one of China's largest integrated pulp and paper enterprises. The group is headquartered in Shouguang, Shandong Province, and its business spans wood pulp production, papermaking and the sale of paper and paperboard products. Its product range covers cultural paper (printing and writing grades), coated paper, white cardboard and other packaging and specialty paper, as well as market pulp. Because it operates pulp mills alongside paper machines, Chenming is often classified within the pulp and paper industry rather than as a pure converter or trader. The company has grown from a regional Shandong papermaker into a nationally significant producer with international sales. It is listed on the Shenzhen Stock Exchange and also has H shares listed in Hong Kong, giving it access to both domestic and offshore capital markets. Its scale, vertical integration into pulp, and broad paper portfolio make it a bellwether for China's paper cycle, which is sensitive to pulp prices, energy costs and downstream demand from publishing, printing and packaging. Chenming's brand identity is tied to its manufacturing base and to the Chenming name across its paper grades. The group markets itself as a large-scale, technology-driven paper producer and has invested in modern paper machines and pulp capacity. Its official website, chenmingpaper.com, presents the company as a pulp-and-paper group with a diversified product mix and a presence in export markets. As a listed industrial group, Chenming is exposed to the same pressures as its peers: raw material and pulp price volatility, environmental regulation, and the shift in demand from newsprint and some cultural papers toward packaging and specialty grades. Its strategy has generally emphasized scale, cost control and product upgrading. The brand is therefore best understood as a Chinese industrial paper champion rather than a consumer-facing label.

History

Chenming Paper is a Chinese pulp and paper group based in Shouguang, Shandong Province. It developed from a regional papermaking operation into one of the country's largest integrated pulp and paper enterprises, combining pulp production with paper and paperboard manufacturing. Its growth reflects the broader expansion of China's paper industry, in which domestic producers scaled up capacity to serve rising demand for printing, writing, packaging and specialty papers. A defining feature of the group is vertical integration into pulp. By operating pulp capacity alongside paper machines, Chenming can control part of its raw material supply and quality, which is important in an industry where pulp prices are a major cost driver. The company's product mix has evolved toward higher-value grades such as coated paper and white cardboard, alongside traditional cultural paper. Chenming is a listed company, with shares traded on the Shenzhen Stock Exchange and H shares listed in Hong Kong. This dual listing supports its capital-intensive manufacturing operations and gives it visibility with both domestic and international investors. The group markets its products under the Chenming name and maintains an official corporate website at chenmingpaper.com. Like other Chinese papermakers, Chenming operates in a cyclical environment shaped by pulp and energy costs, environmental and emissions regulation, and shifting demand patterns. The long-term trend away from some print grades toward packaging and specialty papers has encouraged producers such as Chenming to upgrade their product portfolios and improve efficiency. The brand's history is therefore one of industrial scale-up, integration and adaptation within China's pulp and paper sector.

  • Chenming Paper is established in Shouguang, Shandong, as a papermaking enterprise.

  • The group develops into an integrated pulp and paper producer with pulp capacity alongside paper machines.

  • Chenming is listed on the Shenzhen Stock Exchange, giving it access to domestic capital markets.

  • H shares are listed in Hong Kong, broadening the shareholder base internationally.

Products and positioning

Large-scale integrated Chinese pulp and paper producer with a broad paper and board portfolio and export reach.

  • Wood pulp

    Market and captive pulp produced by the group's pulp operations.

  • Cultural paper

    Printing and writing grades used in publishing and office applications.

  • Coated paper

    Coated printing paper for magazines, catalogues and commercial print.

  • White cardboard

    Folding boxboard used in packaging and consumer goods.

  • Packaging paper and paperboard

    Grades serving the packaging and industrial segments.

Recent events

  • Reported

    Paper producers announce a planned RMB 500-per-ton price increase[2]

    APP China, Chenming Paper, Sun Paper and Bohui Paper announced that prices would increase by RMB 500 per ton including tax starting September 1, 2020. The report describes the increase as planned, not yet implemented.

  • Unconfirmed

    Paper producers announce price increases[3]

    APP, International Paper, Shandong Bohui/Jiangsu Bohui Paper, and Shanghai Chenming Pulp & Paper issued price increase notices, raising prices for products including coated paperboard and white paperboard by RMB 200 per ton, with effective dates ranging from December 25, 2019, to January 1, 2020.

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