Jingxing Paper announced that as of September 27, 2021, the cumulative number of shares transferred by Jingxing to bonds was 82.722013 million shares, and the total share capital of the company increased from 1,111,201,000 shares before the implementation of the conversion to 1,193,923,013 shares, resulting in the company's controlling shareholder, actual controller and chairman Zhu Zailong passively diluting from 16.04% before the implementation of the share transfer to 14.93% without implementing the number of shares, and the shareholding ratio changed by 1%.
Jingxing Paper's 2021 interim report shows that the company's main revenue was 2.838 billion yuan, up 32.76% year-on-year; the net profit attributable to the mother was 265 million yuan, up 137.96% year-on-year; the non-net profit was 263 million yuan, up 259.44% year-on-year; the debt ratio was 28.1%, the investment income was 7.6285 million yuan, the financial expenses were 4.8012 million yuan, and the gross profit margin was 17.43%.
The chairman of the company is Zhu Zailong. Mr. Zhu Zailong: Born in September 1964, a member of the Communist Party of China, Chinese nationality, master's degree, senior economist, currently the chairman of the board of directors and party secretary of Zhejiang Jingxing Paper Co., Ltd. He has successively served as the leader, director, section chief and deputy director of the Second Paper Mill in Pinghu City, Zhejiang Province, the secretary of the Party Committee, the chairman and general manager of Zhejiang Jingxing Paper Group Co., Ltd., and the general manager of Zhejiang Jingxing Paper Co., Ltd.
![Illustration of Jingxing Paper's third quarterly report: net profit in the third quarter increased by 4.45% year-on-year[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)