Development of China Material Development and Investment Company

In June 2005, the company indirectly controlled Yuehuabao B, successfully implemented a major change in the business model from capital management to industrial management, and embarked on the journey of building Chengtong Paper Plate. In February 2007, Zhuhai Huafeng was completed and put into operation; In June 2009, Hongta Renheng Paper Co., Ltd. in Zhuhai Special Zone officially became a subsidiary of Yuehuabao; In July 2009, the company acquired Zhanjiang Guanlong Paper Co., Ltd. and entered the field of specialty paper. After several years of development, the company's paper production capacity has reached 800,000 tons, and the varieties have increased from single coated white board paper to coated white board paper, white cardboard, special paper base paper and other varieties. The product quality ranks in the forefront of China, and the production capacity ranks in the forefront of domestic sub-industries, such as whiteboard paper and specialty paper, which reserves resources for sustainable development. At present, the total assets are 8 billion yuan, and the company's main businesses are: production and sales of paper products, trade of means of production, and active participation in asset management of the group.

20 10 changed its name to China Paper Investment Company in April.