HUAWON Asset Profile

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Year established

2009

Location

Hangzhou Zhejiang China

Primary Industry

Forestry & Timber

About

Established in 2009 and based in Hangzhou, China, HUAWON operates as a paper manufacturer dedicated to the research, development, design, production, and sales of decorative paper. The company cooperation with the National Papermaking Research Center of South China University of Technology and European Institute of Engineering and Technology Construction. HUAWON obtained ISO9001, ISO14001, and FSC certification. In October 2017, it raised venture funding from new investors Wuji Capital, Jiaxing Zhijun Shuidi Asset Management, Hongli Investment, Hangzhou Taiheng Investment Management, and returning investor Pingan Securities. The company mainly produces base paper and solid decor paper. Printing base paper can be divided into two ways E.I.R base paper and coating base paper. The main raw materials of paper are Brazilian eucalyptus pulp and titanium dioxide specially used for decorative base paper. The equipment used in papermaking is purchased from Europe, they are 5000mm/700m MESTO FINLAND and 2640mm/600m VOITH GERMANY. In 2022, the company's revenue is CNY 3.43 billion, and its net income is CNY 465 million.

Current Investors

New Third Board (NEEQ), JT Asset Management, Ping An Securities

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Primary Industry

Forestry & Timber

Sub Industries

Paper/Soft Products

Website

www.hwpaper.cn

Company Stage

Mature

Total Amount Raised

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