China Material Development and Investment Company has created a glorious history and accumulated rich industry experience. Under the leadership of Chengtong Group, the company strives to achieve scientific and sustainable development in accordance with the relevant requirements of the State Council and SASAC and under the guidance of Scientific Outlook on Development. The company further defined its strategic objectives, seized development opportunities, united and cooperated from top to bottom, worked hard and made progress, and the company's strength continued to increase. Here, I would like to express my heartfelt thanks to friends from all walks of life who have been supporting and helping us! China Paper Investment Co., Ltd. takes international advanced enterprises as the benchmark, gives full play to its own advantages, expands production capacity, broadens product lines, focuses on developing high value-added products, and implements the strategy of integrating forestry, pulp and paper, making the company a first-class papermaking sub-group of Chengtong Group with certain international influence. We have energetic employees, a united and progressive team, unshakable faith and friends from all walks of life who care about and support us. We will give full play to our advantages and use all kinds of resources to achieve the company's strategic goals.
In the new era, we are full of passion to meet new opportunities and challenges. We will, as always, provide customers with quality products and services, and join hands with friends from all walks of life to create a better future. China Material Investment Company was established in 1988 with a registered capital of13170 million yuan. It was originally a ministry of materials and equipment "short-term material development fund" management company, engaged in the development and investment of means of production, and now it is a wholly-owned subsidiary of China Chengtong Holding Group Co., Ltd. (hereinafter referred to as "Chengtong Group"), a state-owned assets supervision enterprise, whose main business includes paper products.
Since 2005, Sinoma Investment has been committed to building Chengtong packaging and paper sector, successively holding Yuehuabao B(200986) and Guan Hao Gaoxin (600433), and has several papermaking production platforms covering coated white board, special paper, advanced food packaging paper and other fields.
On April 20 10, the company was renamed as China Paper Investment Company.