- Business
- Guangdong Guanhao High-Tech Co., Ltd. engages primarily in the research, development, production, and sale of specialty paper and related materials in China and internationally; its core products include thermal paper such as cash register thermal paper, bill thermal paper, label thermal paper, and fax materials; carbonless copy paper; adhesive sticker label materials encompassing coated paper, thermal paper, and film adhesives for logistics, medicine, supermarkets, food processing, and variable information labels under the Guanhao and Haozheng brands; sublimation transfer paper; high-grade coated white cardboard; and other offerings like paper chemicals, digital printing films, and medical film coatings. The company, founded in 1993 and headquartered at No. 313 Donghai Avenue, Donghai Island, Zhanjiang, Guangdong Province, China, operates as a subsidiary controlled by China Paper Corporation, a central state-owned enterprise introduced via non-public share issuance in 2009, with advanced production facilities including two base paper lines and over 10 coating lines at its Donghai mill spanning 1100 mu. Recent developments include the consolidation of controlling equity by China Paper Corporation through acquisition of shares from Huaxin Development in 2024-2025, enhancing central state-owned backing; investments in a 300,000-ton high-end coated white card paper project, a 60,000-ton specialty paper project, and a 400,000-ton chemi-mechanical pulp project to boost competitiveness and address pulp shortages; operationalization of a multi-functional wet papermaking pilot machine for special new materials; and breakthroughs in hydrogen energy carbon paper technology with first order deliveries, alongside a completed share repurchase program in July 2024.