Qunxing Paper

Infobox Company
company_name = Qunxing Paper
群星纸业
company_
company_type = Privately held company
genre =
foundation = 1999
founder =
location_city = flagicon|China Zouping, Shandong
location_country = China
location =
origins =
key_people = Chairman: Mr. Zhu Yuguo
area_served = flagicon|China People's Republic of China
industry = Paper manufacturing
products = Decorative base paper
services =
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homepage = [http://www.qxpaper.com/ Qunxing Paper Holdings Limited]

Qunxing Paper Holdings Limited (hkex|3868) is the largest decorative base paper manufacturer in the People's Republic of China, specializing in decorative base paper products and printing paper product. Its production base is located in Zouping County, Shandong Province. It serves 13 provinces, autonomous regions and municipalities in the PRC. [ [http://www.qxpaper.com/eng/about/profile.htm Qunxing Paper Corporate Profile] ]

Qunxing Paper was listed on the Hong Kong Stock Exchange on 2 October 2007, with its IPO price HK$5.35 per share. Its share price closed at HK$8.58 at the first trading day, 60% premium over its IPO price. [ [http://sme.tdctrade.com/content.aspx?data=hk_content_en&contentid=963565&src=HK_BuNeTr&w_sid=194&w_pid=644&w_nid=10027&w_cid=963565&w_idt=1900-01-01&w_oid=343 Qunxing Paper H-shares surge 60.37% on the 1st day] ] But with the poor investment atmosphere due to United States subprime mortgage crisis since November 2007, Qunxing Paper later dropped below the IPO price.

Link

* [http://www.qxpaper.com/ Qunxing Paper Holdings Limited]

References