Hunan Xiangfeng Special Paper Co., Ltd.
is the wholly-owned subsidiary of the Hunan Jianhongda Group through overall acquisition and recombination of the original bankruptcy and restructuring Longhui Paper Mill. The company, founded in 2004, with the registered capital of RMB50 million, the floor area of 308,000 square meters and more than 300 employees, engages in production and sales of special paper, especially the cigarette paper, filter rod wrap paper and cigarette special paper, and is one of the eight enterprises with production and business operation license of cigarette paper approved by the State Tobacco Monopoly Administration. The deputy chairman of committee of Cigarette Paper Branch of China Paper Association, the Standing Vice Chairman of the Henan Special Paper Industrial Association.
After closing down outdated production capacities in 2012, the company has a 2,550mm high-end cigarette paper production line, a 1,880mm cigarette paper and a wrap paper production line, with the total assets of RMB450 million, achieving the annual production capacity of 26,000 tons, with the sales revenue of more than RMB 400 million, its products are sold in the nationwide China Tobacco Industry Companies and Asia and Africa. The main production line of the company is the 2,550mm high-end cigarette paper production line established in September 2006 with the investment of RMB300 million, which has introduced world-class high-tech equipment and technology in cigarette paper production from Germany, France, the USA, was completed by the end of December 2008, and has been used for volume production since May 2009, achieving the annual output of about 10,000 tons and the quality of the products reaching the international advanced level. This fills in the gas in high-end cigarette paper production in Hunan and Mid-South Region, improves the tobacco industry chain of Hunan Province and leads the development of relevant industries in our County.
The company adheres to the philosophy of "competition for development, harmony for win-win situation", follows the enterprise culture of "quality is the root of an enterprise" and insists to the service concept of "showing the absolute devotion to consumers through perfect products and services" to provide first-class products and services to promote the development of the cigarette industry.
Currently, the company negotiates with the China Paper Group and China Tobacco Corporation in overall acquisition and reconstructing to increase the investment in production capacity and technologies of tipping base paper, cigarette paper, filter rod wrap paper and white cardboard. The company plans to establish the worldwide most advanced high-end white cardboard production line, BOPP cigarette film production line to achieve the goal of: producing more than 180,000 tones of various high-end cigarette papers each year, with the output value of more than RMB2 billion, and developing the company as the cigarette auxiliary material production base in Mid-South Region