| ¡¡¡¡Hebei Hualong Group Paper Co., Ltd.
is one of Hualong Group holding companies, accounting
for 51% shares. With the development the market and
the improvement of the production, the corporation financed
RMB 4.3 million in 2001 and a modern corporation with
rather huge dimensions has come into being. Now the
corporation has more than RMB 13 million capital assets,
covering an area of 51 units and has more than 400 staff,
among which are 8 senior technicians, 18 junior technicians,
42 graduates of junior college and technical secondary
school.
¡¡¡¡Founded in September of 1999, with capital of more
than RMB 16 million invested in it, the Paper Corporation
has two advanced production lines to produce WJ120-2200-I
three-layer adsorption heavy corrugated paper, 5 three-color
printing machines, 11 new-technology carton-adherence
machine, with daily capacity to produce 0.5 million
cartons and annual production capacity to produce about
150 million cartons, which accounts for the majority
of various-size cartons needed by Hualong Group, the
stock capacity reached 1 million cartons.
¡¡¡¡Based on the situation and need, the corporation
invested RMB 0.25 million to adopt an advanced raw paper
checking machine, and appointed two responsible highly-cultivated
personnel to train in Sichuan and Shijiazhuang. The
paper industry of Hebei awarded the corporation the
certificate for inspection qualification.
¡¡¡¡Since Hualong group is expanding rapidly, the paper
corporation is developing with great speed and is now
setting about to found subsidiaries. The increase of
the production and the expansion of the market are bound
to result in market economization, export goods processing
is scheduled and marching toward international market
is imperative under the situation.
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