NDGPFNine Dragons Paper Holdings Ltd.

About Nine Dragons Paper Holdings Ltd. (NDGPF)

Nine Dragons Paper Holdings Ltd. (NDGPF) is a Paper & Paper Products company headquartered in Wan Chai, Hong Kong whose shares trade over-the-counter on the Pink tier.

Established in 1995, Nine Dragons Paper (Holdings) Limited ("ND Paper" or the "Company") (Stock Code: 2689) is the world's largest in environmentally friendly recovered paper based paper manufacturing in terms of production capacity. ND Paper and its subsidiaries (the "Group") primarily produce linerboard, including kraftlinerboard, testlinerboard and white top linerboard, high performance corrugating medium and coated duplex board. Its operations enable it to serve as a one-stop shop for a broad range of high quality packaging paperboard products. The Group's paper machines in China are mainly located in four locations, including Dongguan, Guangdong Province in the Pearl River Delta, Taicang, Jiangsu Province in the Yangtze River Delta region, Chongqing, regional hub for the Central-Western Provinces and Tianjin, at the center of the Bohai Economic Rim. It is also building a medium-sized paper production base in Quanzhou, Fujian Province. As for the northern and northern-eastern markets, a new production base near Shenyang is in the pipeline, and the Group has also acquired 78.13% controlling equity interest in Hebei Yongxin Paper Co., Ltd. ("Hebei Yongxin"). In addition to packaging paperboard, the Group is also engaged in the production of printing and writing paper in Dongguan and Taicang, the production of unbleached kraft pulp through a joint venture in Inner Mongolia and the production of high value specialty paper and pulp in Leshan, Sichuan.

NDGPF key facts

Ticker symbol

NDGPF

Market tier

Pink

Sector

Basic Materials

Industry

Paper & Paper Products

Headquarters

Wan Chai, Hong Kong

Country of incorporation

BM

Year of incorporation

1995

Employees

8,600

Estimated market cap

$1.64B (as of May 13, 2025)

Shares outstanding

4,662,593,000

Reporting standard

International Reporting: Hong Kong Stock Exchange

Audit status

Audited

Fiscal year end

12/31

Nine Dragons Paper Holdings Ltd. leadership

• Zheng Cheng Fei — CEO

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