Nine Dragons Paper (Hubei) Advances Phase IV Plans, Targets Over RMB 10 Billion Output in 2026

Nine Dragons Paper (Hubei) Co., Ltd. has announced plans to accelerate its growth trajectory in 2026, targeting an annual output value exceeding RMB 10 billion while actively advancing preparations for its Phase IV expansion.

Since resuming operations following the Spring Festival, the company’s production facilities in Bailuo Town, Jianli City have been running at full capacity, reflecting strong operational momentum and growing market demand.

As a key player in Hubei’s paper industry, Nine Dragons Paper (Hubei) is executing a large-scale industrial project with a total planned investment of RMB 20.5 billion, spanning approximately 3,994 mu. Upon full completion, the project is expected to deliver an annual output value of RMB 23 billion, generate RMB 1.8 billion in profits and taxes, and create around 3,500 jobs.

The development has progressed rapidly since its launch in October 2020. Phase I began production at the end of 2022, while Phases II and III were fully operational by September 2025. The company is now actively planning Phase IV, which will further enhance capacity and support long-term growth.

In 2025, Nine Dragons Paper (Hubei) reported an industrial output value of RMB 5.606 billion, representing a year-on-year increase of 34.35%. The company has also received multiple recognitions, including designation as a high-tech enterprise, a national-level 2A enterprise for the integration of informatization and industrialization, as well as provincial honors for green manufacturing and intelligent factory development.

"2026 marks a critical year for achieving a significant leap in output value. By leveraging our role as an industry ‘chain leader,’ we aim to drive both vertical integration and industrial clustering, advancing toward high-quality development that is green, intelligent, high-end, and diversified," a company representative stated.

With continued investment, technological advancement, and strategic expansion, Nine Dragons Paper (Hubei) is positioning itself as a cornerstone of regional industrial growth and a leader in China’s evolving paper manufacturing sector.