From 1992 to 1993, there have been four joint ventures between Sun Paper and the United States, Canada, Hong Kong and other countries and regions:
1August, 1992, Chengxin company was established with a registered capital of 700,000 USD, mainly producing and operating writing paper, copper base paper and computer printing paper;
1February 1993, Sun Company was established with a registered capital of 8.728 million US dollars, mainly producing and operating high-grade packaging paper such as coated white cardboard;
1March 1993 Maple Leaf Company was established with a registered capital of 900,000 US dollars, mainly producing and operating high-grade electrostatic copy paper;
Li Hongxin 65438+1August 1993, Golden Eagle Company was established with a registered capital of 200,000 US dollars, mainly producing and operating high-grade coated kraft paper products.
1in March, 996, when he visited Mead Paper Company in Atlanta, USA, he came across a high-grade production line for coating kraft paper board. He knows that this kind of paper in our country depends entirely on imports. After returning to the company, he held a meeting to study the project. 65438+ 10/month 1, with an investment of 500 million yuan and an annual output of 65438+ 10,000 tons, the production line of high-grade coated kraft paperboard broke ground.
On July 26th, 1997, the colorful flags of Shandong Sun Paper Group fluttered, and the second batch of "Double Plus" technical transformation projects approved by the State Economic and Trade Commission were fully completed. Li Hongxin, who just went abroad to order for a few days, hurried to the scene. At the emergency meeting of middle-level and above cadres held a few minutes later, he revealed a shocking news: several foreign consortia came to China to seize the beach with abundant funds of more than 654.38 billion yuan, and invested 350,000 tons of high-grade coated white paperboard production line in a paper mill in the south, which is under negotiation. In Japan, he resolutely quit the travel activities arranged by Japanese guests and rushed back to the company non-stop, just to gather everyone to study how to fight quickly.
1997 Eliminate all interference and merge Yanzhou Xinglong Paper Mill.
1999 Jiaxiang Paper Mill and Yutai Paper Mill merged to acquire Yanzhou Thermal Power Plant. It also invested154 million yuan to launch a power plant with an annual output of 1800 kW/h; With an investment of 500 million yuan, an annual output of 654.38+10,000 tons of high-grade coated kraft paperboard production line will be put into operation.
In 2002, Li Hongxin made another major effort. Sun Paper and Hong Kong Jianhui Company joined forces to build the largest production base of coated packaging paperboard in China in Dongguan, Guangdong.
In 2003, Sun Paper invested 65.438+0.08 billion yuan to build a high-grade white cardboard project with an annual output of 300,000 tons, and the enterprise became a veritable king of packaging paper in China.
In 2004, Sun Paper invested 600 million yuan, with an annual output of 200,000 tons of high-grade information paper.
In August 2005, the project with an annual output of 300,000 tons of high-grade coated paper with an investment of 850 million yuan was successfully tested again.
In May 2008, an overseas inspection liaison office was established in Laos.
The investment of Laos project (Phase I) is nearly 200 million US dollars, and the main construction projects include 300,000 tons of chemical pulp project and 65.438+10,000 hectares of fast-growing forest project.
On March 6, 2009, the 27th meeting of the third Board of Directors deliberated and passed the proposal on establishing a joint venture company in Vietnam.
The total investment of Vietnam project is150,000 USD. The main construction projects include a wood chip processing plant with an annual output of 200,000 tons and a bulk cargo and wood chip wharf with an estimated annual throughput of 2 million tons.