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Zhejiang Jingxing Paper and YH Holdings Sign Merger Agreement to Form Prosper International Trading 

Zhejiang Jingxing Paper Joint Stock Co Ltd (SHE:002067) stands as one of China's foremost fully integrated paper mill groups, specializing in the production of packaging cardboard and household paper. 

The merger marks a strategic move towards sourcing recycled paper from the US for Zhejiang Jingxing Paper. With its current 800,000tpy recycled pulp mill in operation and a new 800,000tpy containerboard machine set to launch in Q4 of 2026, Jingxing plans to migrate current United States sourcing for the Malaysia mill to Prosper International Trading on a both FAS and CNF basis. 

Founded in 1984, Jingxing Paper Co. has evolved from a humble paper factory into a network of subsidiaries, gaining substantial recognition within the international paper and packaging industry through continuous innovation and hard work. 

YH Holdings is owned by Jimmy Yang and Clark Hahne, individuals in official capacities at Newport CH. Having spearheaded numerous successful ventures at Newport, Jimmy Yang and Clark Hahne have brought their strategic vision and leadership to YH Holdings. Their dedication to excellence and commitment to sustainable practices underscore Prosper International’s mission to become a leading player in the wastepaper recycling industry. 

As we embark on this exciting collaboration, we look forward to leveraging our combined strengths to drive Prosper International Trading towards a future of unprecedented growth and success.