Gold Hong Ye Paper (Tianjin) Co., Ltd.

It is a Sino-Indonesian joint venture established in 2005. With the total investment of USD 27.50 million and the registered capital of USD 15 million, the enterprise mainly deals with a series of household papers including VIRJOY, Breeze and Zhenzhen. The enterprise has been put into production since June 2006, with annual capacity of household paper up to 20,000 tons. In 2009, the enterprise realized the sales revenue of RMB 153.40 million, the profit of RMB 3.931 million and the taxes RMB 3.4656 million, with 400 job opportunities offered.