Yueyang Forest & Paper Co., Ltd (hereinafter referred to as YFPC) was listed in SSE in May 2004 with Stock Code of 600963. Its share holder Tiger Forest and Paper Group is a holding company of China National PaperIndustry Investment Corp of China Chengtong Holdings Group Ltd., which is a large enterprise group under the supervision of SASAC; It's not only a pilot company for the state-owned capital operation platform of the State Council; But also the only central enterprise focused on the business of forestry, pulp and paper identified by SASAC. The company mainly engages manufacturing and sales of machine-made pulp and paper products; And planting and sales of timbers. With many world advanced paper machines, the company is a large scale manufacturer of graphic paper, industrial paper and packaging paper in China. The leading paper products include all wood offset paper, offset paper, offset book paper, bulky offset paper, brilliant bulky offset paper, sky book paper, notebook paper, coated pure paper, all wood pure paper, copy paper, LWC, micro-coated bulky paper, E-commerce base paper, fine kraft paper, high strength sack paper. The leading paper products include NBKP, LBKP, modified dissolving pulp, unbleached SW pulp, and unbleached HW pulp. Our products are sold to 31 provinces, cities, municipals in China and other regions in Asia and East Africa. The annual paper capacity is 1 million tons, pulp capacity is 600, 000 tons, and total assets are 16 Billion Yuan. YFPC has strong technical innovationabilities; It has aState Level Technology Center which carries out approximately 100 science and technological R & D activities.