Orient Paper Inc.(NYSE MKT: ONP)("Orient Paper" or "the Company") is a leading paper manufacturer in North China. Using recycled paper as its primary raw material, Orient Paper produces and distributes three categories of paper products: packaging paper(corrugating medium paper), offset printing paper, and other paper products, which include digital photo paper as well as tissue paper, a part of the Company’s current business expansion plans.
The Company, through its wholly-owned subsidiary, Shengde Holdings, Inc., controls and operates Baoding Shengde Paper Co., Ltd. ("Orient Paper Shengde"), and Hebei Baoding Orient Paper Milling Co., Ltd ("Orient Paper HB"). Orient Paper HB is located in Baoding City, Hebei Province, at the center of the triangular region formed by Beijing, Tianjin and Shijiazhuang (60 miles to Beijing and Tianjin, respectively). The Beijing-Tianjin region is the cultural capital of China and home to a growing base of industrial and manufacturing activities, and is one of the largest markets for paper products consumption in China.
Orient Paper HB was initially established in 1996 as a packaging paper manufacturer. Today, Orient Paper HB serves over 100 packaging and printing companies and paper products distributors with a diverse product offering, including corrugating medium paper, high-grade offset printing paper and medium-grade offset printing paper. Orient Paper HB enjoys close proximity to the greater Beijing area, a major paper consumption market in northern China. With its eco-friendly paper manufacturing process, Orient Paper HB has become one of the most rapidly growing paper manufacturers in Northern China.
Established in June 2009, Orient Paper Shengde is Orient Paper's wholly-owned subsidiary in China. The Company acquired two digital photo paper coating lines and commenced production and sales of digital photo paper in March 2010.
Orient Paper Inc. is a public company listed on the NYSE MKT with the ticker symbol "ONP".