Nine Dragons Paper (Holdings) Limited, Nine Dragons Paper and its subsidiaries are mainly engaged in the production of cardstock (including kraft cardboard, environmentally friendly kraft cardboard and white kraft cardboard), high strength corrugated core paper, and coated white board paper. The Group's business model enables it to become a one-stop producer of a range of high-quality packaging paper products. Nine Dragons Paper machines are currently located in Dongguan City, Guangdong Province, Taicang City, Jiangsu Province and Chongqing. The company's fourth production site, located in Tianjin, was completed and opened in June 2009. In 2010, the company invested in the construction of high-grade wrapping paper production base in Quanzhou Taiwan Investment Zone, with a total investment of 1.3 billion US dollars. After putting into operation, the annual sales can reach 9 billion Yuan, and the annual production capacity can reach 2 million tons, becoming the fifth papermaking base in China. The business covers the Pearl River Delta, Yangtze River Basin, central and western China and northern China. In addition, the Group is engaged in the production of natural wood pulp through a joint venture located in Inner Mongolia and has expanded the production of premium specialty paper and bamboo wood pulp in Leshan, Sichuan.