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Nanping Nanping Paper Co., Ltd. (hereinafter referred to as Nanping Nanping Paper or the company), formerly known as Nanping Paper Mill, was established and put into production in 1958. In recent years, due to the impact of electronic media, the demand for newsprint in China has been shrinking, and the production capacity has been seriously oversupplied. In 2015, with the approval of China Securities Regulatory Commission, Fujian Nanping Paper carried out asset restructuring. Fujian Nanping Paper injected all assets, newsprint and cultural paper businesses into Nanping Paper, and transferred 100% equity of Nanping Paper to Fujian investment and Development Group Co., Ltd., the controlling shareholder of Fujian Nanping Paper, through asset replacement on May 4, 2015. Nanping Paper became Fujian investment and Development Group Co., Ltd As a wholly-owned subsidiary of the company. In 2016, according to the requirements of the provincial investment group, Nanping Paper "subtracting paper industry, adding transformation", shifted its focus to enterprise transformation, opened up new projects and businesses other than pulp, gradually realized the diversification of the company's industry and profit-making methods, and gradually improved its profit level.

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