Boston - RISI, the leading information provider for the global forest products industry, announced that Sun Paper's Chairman, Li Hongxin has been named Asian CEO of the year for 2015. The award will be presented to Mr. Li at RISI’s 16^th Annual Asian Conference taking place from June 1-3, 2015 at the Le Meridien Hotel in Shanghai, China.

Mr. Li also won the honor in 2010 and 2013, and is the first three-time winner since voting began in 2008. Respondents to the annual RISI survey, including investment analysts and portfolio managers covering the forest products industry, selected Mr. Li based on leadership, vision and strategic accomplishments. One analyst commented, "The paper industry was not doing well on the whole in 2014. However, Sun Paper's financial performance did the best in the year, thanks to the company's strategies in cutting cost, diversifying products, as well as good management vision. The company has successfully tagged into xylitol and xylose production, as well tissue production."

Mr. Li, born in 1953, is the founder, chairman of board and general manager of Shandong Sun Paper. He also has titles in the business and local community, which include: Member of the CPPC National Committee of Shandong Province, President of Honor for the Paper Industry Chamber of Commerce within the All-China Federation of Industry and Commerce, and vice chairman of Shandong Federation of Industry and Commerce. In addition, he has garnered numerous awards, including: 1^st Batch of Chinese Confucian Businessmen, Enterpriser of Highest Social Responsibility for Recycling Economy of Shandong, one of the Top 10 Confucian Businessmen at Homeland of Confucius and Mencius, Shandong Social Responsibility Active Compliance Business Operator, as well as Shandong Good Faith Business Operator.