Li Hongxin of Shandong Sun Paper Wins RISI's Asian CEO of the Year Award

SHANGHAI, April 13 /PRNewswire/ -- RISI, the leading information provider for the global forest products industry, today announced that the Chairman of Shandong Sun Paper Industry Joint Stock Co. Ltd, Li Hongxin, has been selected as the Asian CEO of the Year for 2010.

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The award will be presented to Li Hongxin at RISI's 11th Asian Pulp & Paper Outlook Conference in Shanghai, China to be held on June 7-9, 2010. RISI is also pleased to announce that Shandong Sun Paper's Chairman will give the keynote speech at the conference on June 8, 2010. Speakers from the sector's leading companies and associations will be represented at the RISI Conference, including International Paper Asia, APP China, the Japan Paper Association, Fibria and many others.

Li Hongxin was chosen as the RISI Asian CEO of the Year by a group of investment analysts and portfolio managers covering the forest products industry. The analysts responded to a survey organized by RISI and the criteria for nomination included leadership, vision and strategic accomplishment.

Analysts noted that they chose Li Hongxin as the winner due to Shandong Sun Paper's healthy financial performance and also its exploration in upstream development (including forest plantation abroad). Li Hongxin commented, "I feel really happy to be awarded the '2010 RISI Asian CEO of the Year Award' and I also feel honored and inspired. We will continue to dedicate ourselves to building Shandong Sun Paper into an environmental friendly and sustainable company with international competitive edge. Along with our peers in the industry, we will contribute further to the development of China, Asia and the world's paper industry for a prosperous future."

RISI's Asian CEO of the Year Award was inaugurated in 2008 and was won by Chen Hongguo of Shandong Chenming Paper for the first two years in a row. RISI organizes four regional CEO awards each year in Europe, Asia, Latin America and North America, which are handed out to the winners at the regional RISI conferences. In addition, the Global CEO of the Year award is presented at the PPI Awards event, which will be held in Brussels on November 16 this year.

About the RISI Asian Conference

The 11th RISI Asian Pulp & Paper Outlook Conference will be held at the Four Seasons Hotel in Shanghai, China on June 7-9, 2010. The conference will address some of the key issues in today's Asian pulp and paper market. HP, ColorLok, Voith, Kadant, and BTG have signed on as official sponsors for the event. Conference programs and registration details are available online at: www.risi.com/asiaconf.

About RISI

RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, wood products, timber, tissue, nonwovens, printing and publishing industries to help them make better decisions.

Headquartered in Boston (Bedford), Massachusetts, RISI operates offices in Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland, Oregon; Sao Paulo, Brazil; Shanghai, China; Singapore; Helsinki, Finland; and Charlottesville, Virginia. More information can be found at www.risi.com.

About Shandong Sun Paper Industry Joint Stock Co. Ltd

Shandong Sun Paper Industry Joint Stock Co. Ltd is one of the leading Chinese and Asian papermaking companies and is listed on the Shenzhen Stock Exchange. As one of the top 100 paper producing companies in the world, Shandong Sun Paper is involved in various businesses, including papermaking, chemicals, international trade, power, scientific research, forestry, investment and some other fields. The company's annual pulp and paper capacity totals three million tonnes and Shandong Sun Paper employs a staff of 10,000 people. The head office is located in Yanzhou city in Shandong Province, and has 15 subsidiaries and affiliates, which are distributing products mainly in China, Southeast Asia and the U.S. For more information, visit http://www.sunpapergroup.com/english/about.htm.

SOURCE RISI