Shandong Far Eastern Agriculture Environmental Protection Developmen Co., Ltd.

Shandong Far East Agricultural Technology Environment Protection Development Corporation is one of subsidiary companies of Shandong Hengsheng Group. It was established in ***9. It is covering **1, **0sqm, was registered with RMB **0 million, which was co-financed by the Group and Quanzhou Far East. The Corporation introduced a new pulp environment-friendly production line with the annual capacity of 2, **0, **0, **0 pieces and built *8 pulp environment-friendly packing material production lines( at present, *2 lines is the largest inland). The corporation will employ more than 4, **0 person and all the products will be exported to Europe, America, Japan, Korea and other countries. The annual sales will be RMB1.*8 billion , which can create RMB **0 million profit and contribute RMB**0 million to tax revenue. This company will bring a remarkable economic returns and social benefit and boost the development of high and new technology industry.