还魂纸

recycled paper

surname Huan

still / still in progress / still more / yet / even more / in addition / fairly / passably (good) / as early as / even / also / else

to pay back / to return

to return from the grave / (old) to recycle (waste products)

old variant of 魂[hun2]

soul / spirit / immortal soul, i.e. that can be detached from the body

variant of 紙|纸[zhi3]

paper / CL:張|张[zhang1],沓[da2] / classifier for documents, letter etc