Xiamen Jianfa Pulp and Paper Group Co., Ltd.

Xiamen Jianfa Paper Co., Ltd. is a wholly-owned subsidiary of Xiamen Jianfa Co., Ltd. C&D Co., Ltd. (stock code: 600153) is a modern service-oriented enterprise with dual main businesses of supply chain operation and real estate development. The company's business began in 1980. In June 1998, it was exclusively initiated and established by Xiamen C&D Group Co., Ltd. and listed on the Shanghai Stock Exchange. The company has been developing rapidly for many years since its listing, with major economic indicators such as operating income, net profit, and net assets growing at an average annual rate of about 30%. In 2019, it achieved operating income of RMB 337.2 billion and net profit after tax of RMB 7.963 billion. By the end of 2019, total assets were RMB 295.4 billion and net assets were RMB 66.1 billion. The company has been rated as "AAA Credit Enterprise" and "China's Top 500 (ranked 34th in 2019)" for many consecutive years; it has been selected as a component stock of the MSCI Index System, the FTSE Global Equity Index Series, the S&P Emerging Markets Global Benchmark Index, a sample stock of the CSI 300 Index, and a sample stock of the Shanghai Stock Exchange Corporate Governance Index. C&D Co., Ltd. is committed to adding value to the supply chain, pursuing resource sharing and win-win cooperation. As a supply chain operator, C&D Co., Ltd. provides customers with "LIFT supply chain services". Based on the four service elements of "logistics", "information", "finance" and "business", it integrates the resources needed for customers in the operation process, plans supply chain operation solutions, and provides operation services. The company's supply chain operation services are in the metal materials industry, pulp and paper industry, agricultural and sideline industries, mining industry, energy