Orient Paper is the most rapidly developing paper company in recent years. The company will continue to maintain a rapid pace of development, proactively construct and prepare for new products. In order to adapt to product diversification requirements from the market, Orient Paper will focus on middle and high-end products and brands, stick with "excellent technology, superior quality and diversified products", and enhance the products competitiveness on both the domestic and foreign markets.
Its wholly-owned subsidiary is the Hebei Baoding Orient Paper Co., Ltd. located in Baoding, Hebei Province, a major economic zone in China. In 2006, Hebei's GDP reached USD 155.09 billion, a 13.2% increase from 2005. It is currently ranked 6th nationwide among provinces in terms of GDP, maintaining strong momentum of economic development.
The company is dedicated to the production and sales of wrapping and specialty paper (news paper, photographic print paper, corrugated and tea board paper, kraft paper, offset paper, copy paper, fruit cultivation bag paper, and Diazo paper)..
Strong Financial Performance in the 2nd Quarter of 2009:
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Revenue increases 28% year-over-year to $22.4 million
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Operating income rose 25% to $3.7 million
Last changed at 16-Nov-2009 01:57PM by ChinaSecurities
