IT Tech Packaging, Inc. Advances Additional Orders Negotiation with One of Its Top 5 Customers - Global Paper Money

Click here for Pulp & Paper Radio International

The Paperitalo Library

The Paperitalo Library

White Papers/Downloads

PM 40 Companies

Cellulose Community

Paperitalo Resources

Paperitalo Supplier Directory

onlyPulpandPaperJobs.com

The Paperitalo Library

Inside PaperMoney

Paperitalo/Media Kit

Nip Impressions

Departments

Disconnected Comparisons

Insider Trading

Current News

Culture & Marketing

Corporate Finance

Labor & Union Actions

Major Expenditures

Market News of Note

Mergers & Acquisitions

Major Announcements

Operations Announcements

Facility Closures/Reductions

In Closing

Reference Library

AM Best Insurance News

Delaware Chancery Court

Fiduciary Developments

ICC News and Proceedings

Key Interest Rates

WTO News and Proceedings

Member Options

About Paper Money

IT Tech Packaging, Inc. Advances Additional Orders Negotiation with One of Its Top 5 Customers

BAODING, China (News release) -- IT Tech Packaging, Inc. announced that the Company is advancing negotiation with one of its top 5 customers, based in Shandong Province for orders of the paper products. The customer is currently ranked among the top 5 customers of the Company during the past couple of years.

Based on the negotiation, the Company and the customer will further cooperate on products supply and purchase in the next quarters and definitive new contracts are expected to be signed by the end of the year. Based on its increasing clients' demand, the customer will continue to increase its purchase orders from the Company.

Mr. Zhenyong Liu, Chairman and Chief Executive Officer of IT Tech Packaging commented, "We are pleased with the negotiation with the customer for further partnership. As Chinese economy recovers from the COVID-19 epidemic with an amazing pace, our top clients such as companies focusing on printing and packaging are also receiving amount of orders and some even have backlog of orders, so they push forward the negotiations for raw materials and increase purchase volume of our products. We appreciate their confidence in our products as well as efficiency of delivery. We hope the stable partnership between us will continue contributing considerable revenue stream in the upcoming quarters."

The highest value mill directory in the US at the lowest price $34.20. Click for Instructional Video.

Related Articles:

IT Tech Packaging, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

IT Tech Packaging, Inc. Announces Notification of NYSE American Continued Listing Deficiency and Intention to Complete a Reverse Stock Split

IT Tech Packaging approves 1-for-10 reverse stock split to regain NYSE compliance

IT Tech Packaging, Inc. Releases 2022 Chairman Letter

IT Tech Packaging, Inc. Officially Starts its Surgical Masks Production

IT Tech Packaging, Inc. Officially Obtains FDA Approval for Surgical Mask Products

IT Tech Packaging, Inc. Completes Fundamental Constructions on Its Third Tissue Paper Production Line

IT Tech Packaging, Inc. Announces the Receipt of Qualification for Biomass CHP Project to Supply Central Heat in Industrial Parks

IT Tech Packaging, Inc. Completes Equipment Bidding Process for Its Biomass Cogeneration Project

IT Tech Packaging, Inc. Provides Update on Single-Use Face Mask Products

Login and voice your opinion!

Our Sponsors

Copyright © and Trademark PaperMoney ® 2006-2024 All Rights Reserved

A Paperitalo Publication/The Home of your Prospects (TM)

Copyright Statement | Privacy Statement | Terms of Service

Powered by Bondware

News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: