IT Tech Packaging, Inc.

IT Tech Packaging, Inc. is a holding company, which engages in the production and distribution of paper products. The company is headquartered in Baoding, Hebei and currently employs 383 full-time employees. The company went IPO on 2009-12-17. The firm engages in business with operations primarily conducted by its subsidiaries and through contractual arrangements with Hebei Baoding Dongfang Paper Milling Company Limited (Dongfang Paper), IT Tech Packaging operated its business in China through its wholly-owned PRC subsidiaries, namely Baoding Shengde Paper Co., Ltd., (Baoding Shengde) and QianrongQianhui Hebei Technology Co., Ltd (Qianrong). The firm operates its businesses through three segments. Dongfang Paper and Tengsheng Paper segment produces offset printing paper, corrugating medium paper and tissue paper. Baoding Shengde segment produces face masks and digital photo paper. The firm mainly conducts its businesses in the domestic market.