The board of directors of China Sunshine Paper Holdings Company Limited announced that the shareholders of the company for the year ended December 31, 2017 it is expected that the group will record an increase of around 200% in its consolidated net profit attributable to the shareholders for the year ended December 31, 2017 against that for the year ended December 31, 2016. The board considers that the significant increase in the consolidated net profit for the year ended December 31, 2017 was primarily attributable to the increase in sales price and gross profit of paper products; and the increase in government grants.