BAODING, China, March 14,
2018 /PRNewswire/ -- Orient Paper, Inc. (NYSE MKT: ONP)
("Orient Paper" or the "Company"), a leading manufacturer and
distributor of diversified paper products in North China,
today announced that it resumed production at its manufacturing
facilities on March 14, 2018.
Production had been suspended since late January due to a
government-mandated restriction on the supply of natural
gas.
About Orient Paper, Inc.
Orient Paper, Inc. ("Orient Paper") is a leading paper
manufacturer in North China. Using
recycled paper as its primary raw material (with the exception of
its tissue paper products), Orient Paper produces and distributes
three categories of paper products: corrugating medium paper,
offset printing paper and tissue paper products.
With production based in Baoding and Xingtai in North China's Hebei
Province, Orient Paper is located strategically close to the
Beijing and Tianjin region, home to a growing base of
industrial and manufacturing activities and one of the largest
markets for paper products consumption in the country.
Orient Paper's production facilities are controlled and operated
by its wholly owned subsidiary Shengde Holdings Inc, which in turn
controls and operates Baoding Shengde Paper Co., Ltd., and Hebei
Baoding Orient Paper Milling Co., Ltd.
Founded in 1996, Orient Paper has been listed on the NYSE MKT
under the ticker symbol "ONP" since December
2009. For more information about the Company, please visit
http://www.orientpaperinc.com.
Safe Harbor Statements
This press release may contain forward-looking statements.
These forward-looking statements involve inherent risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated, including risks outlined in
the Company's public filings with the SEC, including the Company's
latest annual report on Form 10-K. All information provided in this
press release speaks as of the date hereof. Except as otherwise
required by law, the Company undertakes no obligation to update or
revise its forward-looking statements.
For more information, please contact:
Company Contact:
Sarah
Shi
Email: sarah@orientpaperinc.com
Investor Relations:
Tony
Tian,
CFA
Weitian Group LLC
Email: tony.tian@weitian-ir.com
Phone: +1-732-910-9692
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SOURCE Orient Paper, Inc.