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Established in 1995 with headquarters in Dongguan City, Guangdong Province, Nine Dragons Paper (Holdings) Limited was listed on the Hong Kong Stock Exchange in 2006. It is the second largest paper manufacturing group worldwide in terms of production capacity, and China’s leading paper producer (main products include different kinds of environmental friendly packaging paper, and products from the upstream and downstream production chain). The Group currently has a total annual design production capacity of approximately 1.8 million tonnes.
Nine Dragons Paper has established production bases in Dongguan, Taicang, Chongqing, Tianjin, Quanzhou, Shenyang, Tangshan and Leshan. The Group is also establishing new pulp and paper bases in Jingzhou of Hubei, Beihai of Guangxi, and Xianning of Hubei, etc. While actively responding to China’s Belt and Road Initiative, Nine Dragons Paper persisted to pursue an international development while enhancing the production chain. In 2008, Nine Dragons Paper completed the acquisition of the controlling stake of Cheng Yang Paper (Vietnam) and entered the ASEAN. In 2017, the Group completed the Phase II expansion of its Vietnam base, making it Vietnam’s leading enterprise in paper manufacturing. In order to further expand the international resources to form mutual complementation of resource advantages, in 2018, Nine Dragons Paper acquired four pulp/paper mills in the U.S. (Rumford and Old Town Divisions in Maine; Biron Division in Wisconsin; Fairmont Division in West Virginia); In 2019, the Group acquired a pulp/paper mill in Bentong, Malaysia (producing recycled pulp) and planned to build a new intelligent paper manufacturing base in Selangor, Malaysia.