| On September 15th, 2014, the fif th phase project with an
investment of RMB 1.2 billion of Hunan Heng'an Paper Co.,
Ltd. put into operation. With the completion of the project,
the capacity of "Heng'an Paper" in Changde, Hunan province
increased 120,000 t/a, and the total capacity is up to 300,000 t/a.
The annual output value of the company will increase more than
rmb 2 billion, and the total annual output value will be expected
to exceed rmb 5 billion when the project reaches its target
production by 2015. |
