Jianghe Paper Completes A-Share IPO Tutoring Filing with CITIC Securities as Advisor
On May 13, reports emerged that Henan Jianghe Paper Co., Ltd. is preparing for an initial public offering and listing on the A-share market. The company is currently being tutored by CITIC Securities Co., Ltd. and completed its tutoring filing with the Henan Securities Regulatory Bureau on May 13, 2021.
According to the company's official website, Henan Jianghe Paper was founded in 2002 and is headquartered in the Industrial Agglomeration Zone of Wuzhi County, Henan Province. Its subsidiaries include Shandong Jianghe Paper Co., Ltd., Henan Dazhi Papermaking Equipment Integration Engineering Co., Ltd., Henan Wuzhi Guangyuan Paper Co., Ltd., Henan Nanbei Paper Co., Ltd., Henan Jianghe Biomass Energy Thermal Power Co., Ltd., Jiaozuo Kaitong Environmental Protection Co., Ltd., and Wuzhi Kaiyuan Fiber Products Co., Ltd.
The company's core business covers the R&D, production and sales of specialty paper and papermaking equipment. Its specialty paper range includes carbonless copy paper, thermal paper, release paper, special paper for specialty printing, cup base paper, dye-sublimation transfer paper, food packaging paper and medical packaging paper, among others. Its brands include “Mu,” “Shui,” “Kaiyuan,” and “Mu Zhi Yuan.” The high-temperature-resistant thermal paper has obtained a national invention patent, the blue-developing thermal paper has passed inspection by the National Paper Quality Supervision and Inspection Center, and “Shui” brand products have been recognized as competitive advantageous products among China's light industry brands. In terms of capacity, the company operates 14 paper machines and more than 30 coating machines, with annual capacity exceeding 600,000 tonnes; its main products hold a relatively high market share in their respective segments.
Source: China Packaging Network (pack.cn); original link: http://news.pack.cn/show-377390.html
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