Chairman Shang showed President Xu the development details of Fushun Mining and Hupo Paper in recent years, and highly appreciated the level of expertise and professional ethics of Haisum team. President Xu expressed welcome to Chairman Shang and his fellows, and showed them the strength and performance of the Company in papermaking sector and the strategic conception regarding its overseas expansion and investment operation etc.

        Hupo Paper Co., Ltd., as a wholly-owned subsidiary of Fushun Mining Group LLC., is a papermaking enterprise established based on the “Twelfth Five-year” Development Plan, with guiding ideology of “adjusting industrial structure and promoting industry upgrade” in the revitalization plan for the “ten major sectors” in combination with the Liaohe River improvement plan of Liaoning Province and the industry development plan of Fushun to highlight the “efficient utilization and recycling of resources”, and it has quickly become the new pillar industry of the Group company in the recent year.

        On the afternoon of February 21, President Xu Datong met with Chairman Shang Hong of Hupo Paper Co., Ltd. under Fushun Mining Group and his fellows, and exchanged opinions with them regarding development cooperation between both companies. Zhou Yuan, the General Manager of Division III and Pang Jianguo, the Deputy General Manager etc. accompanied President Xu in the reception.   

        During the banquet, both parties expressed their willingness to further strengthen cooperation and reach a win-win outcome.