Bohui
Shandong Bohui Paper Industry Co., Ltd. is a Chinese pulp-and-paper producer and one of the country's leading makers of high-grade packaging board, listed on the Shanghai Stock Exchange and controlled by APP (China).
Last updated September 26, 2026
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Overview
Shandong Bohui Paper Industry Co., Ltd. (博汇纸业) is a Chinese pulp-and-paper manufacturer founded in 1994 and headquartered in Zibo, Shandong Province. It listed on the main board of the Shanghai Stock Exchange in 2004 under the A-share code 600966. Since October 2020 it has been the only A-share listed platform of APP (China), the China arm of the Sinar Mas Group, which further optimized its equity and governance structure. The company has registered capital of RMB 1.34 billion and operates two major production bases, in Shandong and Jiangsu, with more than 6,200 employees. Bohui focuses on the integrated research, production and sale of pulp and paper. Its main products are white board (coated and uncoated folding boxboard), corrugated paper, containerboard and gypsum-facing paper, with high-grade packaging board — white board in particular — as its flagship line. The product catalogue also includes white card, white kraft (white-top liner), kraft liner, food board, woodfree offset paper, coated card, and cigarette packaging board. The company describes itself as one of the leading enterprises in China's paper industry. Bohui positions itself around green, circular and high-quality development. It pursues a 'six transformations' agenda — standardization, automation, informatization, digitalization, intelligentization and greening — supported by its 'four-wheel drive' integration strategy. Management is built on the MBOS (Management By Olympic System) philosophy, which encourages continuous improvement through comparison, learning, mutual help, catching up and surpassing, alongside lean management. The company also emphasizes environmental governance of air, water and solid waste, and has published ESG reports. As a listed company, Bohui maintains investor-relations disclosures, publishes stock-market information and reports, and runs a supplier-management and 'sunshine procurement' system. Its registered address and contact point are in Zibo, Shandong. The brand is best known in China's packaging and printing supply chain as a large-scale producer of premium board grades used in consumer packaging, food packaging and cigarette cartons.
History
Shandong Bohui Paper Industry Co., Ltd. was established in 1994 and built its base in Zibo, Shandong Province, a region with a substantial papermaking and chemical industry cluster. The company grew as a producer of packaging paper and board, and in 2004 it listed on the main board of the Shanghai Stock Exchange under the A-share code 600966, giving it access to public capital markets. Over the following years Bohui expanded its production footprint beyond Shandong, adding a second major production base in Jiangsu Province. Its product mix broadened from base board grades into higher-value packaging materials, including white board, white card, white-top kraft liner, kraft liner, food board, coated card and cigarette packaging board. The company describes high-grade packaging board — white board in particular — as its principal product and positions itself among China's leading paper enterprises. A decisive change came in October 2020, when Bohui became the only A-share listed platform of APP (China), the China business of the Sinar Mas Group. This brought the company under the APP/Sinar Mas umbrella and, according to the company, further optimized its equity and governance structure. Bohui states registered capital of RMB 1.34 billion and a workforce of more than 6,200 employees across its Shandong and Jiangsu bases. In recent years the company has framed its strategy around green, circular and high-quality development. It pursues a 'six transformations' program — standardization, automation, informatization, digitalization, intelligentization and greening — and a 'four-wheel drive' integration approach aimed at 'one transcendence and two transformations'. Management practice is organized around the MBOS (Management By Olympic System) philosophy and lean management, intended to drive continuous improvement and efficiency. The company also emphasizes environmental governance through its 'three wastes' (air, water, solid waste) treatment system and publishes annual ESG reports; its 2025 ESG report was released in both Chinese and English versions. Bohui operates a sales-driven production model ('production determined by sales' and 'purchasing determined by production') and maintains investor-relations, supplier-management and sunshine-procurement functions typical of a listed Chinese manufacturer.
- 2025
Released the 2025 Environmental, Social and Governance (ESG) report in Chinese and English.
- 2020
From October 2020, became the only A-share listed platform of APP (China), part of the Sinar Mas Group.
- 2004
Listed on the main board of the Shanghai Stock Exchange (A-share code 600966).
- 1994
Shandong Bohui Paper Industry Co., Ltd. founded, headquartered in Zibo, Shandong.
Products and positioning
Large-scale Chinese pulp-and-paper producer and leading maker of high-grade packaging board, positioned around green, circular and digitally enabled high-quality development.
White board (folding boxboard)
Flagship high-grade packaging board used in consumer and industrial packaging.
White card
Coated white card board grade.
White-top kraft liner (white kraft)
White-top linerboard for corrugated packaging.
Kraft liner
Kraft linerboard grades including AAT, AA, AAA and fine kraft liner.
Food board
Board intended for food-contact packaging.
Woodfree offset paper
Uncoated woodfree printing and writing paper.
Coated card
Coated card board for printing and packaging.
Cigarette packaging board
Board for cigarette carton packaging.
Corrugated paper
Corrugated medium for packaging.
Containerboard
Containerboard for corrugated boxes.
Gypsum-facing paper
Paper used as facing for gypsum board.
Recent events
Paper producers announce a planned RMB 500-per-ton price increase[4]
Reported:
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.
Sources4 sources
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