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Jiulong paper (holding) Co., Ltd. was founded in 1995. It is the world's largest producer of box board base paper products, a supplier of cardboard, high-strength corrugated base paper and coated gray base white board paper. Jiulong Paper Group, a world-famous waste paper environmental protection paper group, was founded in 1995. According to production capacity, it is the world's largest modern packaging paper group of waste paper environmental protection paper. Nine Dragons Paper (Holdings) Limited ("Nine Dragons Paper" or "the company") (share number: 2689) was successfully listed on the main board of the Hong Kong Stock Exchange on March 3, 2006. The company and its subsidiaries ("the group") mainly produce card paper, high-strength corrugated base paper and coated gray base white board paper. The group's business model helps it to become a one-stop producer, producing a series of high-quality packaging paper products. Jiulong paper industry has paper machines all over China's manufacturing centers, including Dongguan City, Guangdong Province in the Pearl River Delta, Taicang City, Jiangsu Province in the Yangtze River Basin, Chongqing City, a hub in the central and western regions of China, Tianjin city in the Bohai economic circle, Quanzhou City, Fujian Province on the west coast of the Straits and Shenyang City in the Northeast regional market. It also acquired 78.13% control of Hebei Yongxin Paper Industry Co., Ltd. (Hebei Yongxin) In addition to packaging paper, the group also produces cultural paper in Dongguan and Taicang, and expands the production of packaging paper and high price special paper in Leshan, Sichuan Province. In May 2008, Jiulong paper set up a joint venture in Vietnam to engage in cardboard manufacturing business. Jiulong paper industry has always been aiming to become a global producer of recycled paper, making use of waste paper, protecting the ecology, and making the future of mankind more green and beautiful. All employees of the group are committed to this goal, providing competitive environmental protection products and one-stop service, and achieving lasting win-win. We also continue to invest a lot of resources, introduce advanced machinery and technology, improve product quality, train technology and management personnel, and make Jiulong paper industry become an excellent environmental waste paper making enterprise recognized by employees, customers, society and shareholders. In order to further improve the operation and management system, we adopt international advanced management technology, and implement enterprise resource planning (ERP) system, in order to improve the operation of the company. On the other hand, Jiulong paper regards talents as the foundation of enterprise success. Therefore, we are not reluctant to invest in employee welfare and strive to build a team that is highly invested, more harmonious and progressive. Nine dragon paper provides all kinds of internal and overseas training programs, so that all levels of employees can get opportunities for further education, and continuously improve their ability. Nine dragon paper believes that while promoting the development of enterprises, the group must also fulfill its social responsibilities. To this end, we adhere to the business philosophy of "no environmental protection, no paper-making". At the beginning of the plant, we have begun to invest a lot in environmental protection facilities, and try our best to reduce the impact of business on the environment. In addition, we actively support various community activities, participate in poverty alleviation and disaster relief, and hope to give back to society and do our best for national construction.

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