Apr 16, 2008. /Lesprom.com/. Shandong Chenming Paper Holdings' 2007 net profit rose 171.12% to 967.64 million yuan (approx. $140.24 million) under Chinese accounting standards, with the company achieving higher output and obtaining increased prices. In a statement filed with Shenzhen Stock Exchange, the company said operating revenue was 15.16 billion yuan (approx. $2.2 billion), up 26.55%. Shandong Chenming Paper Holdings Limited produces machine-made paper, board, paper materials and paper making machinery.