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About IT Tech Packaging
From its filings with the US Securities and Exchange Commission
IT Tech Packaging is based in Hebei Province,, China and is incorporated in Nevada. Its shares trade on NYSE under the ticker ITP. The SEC classifies its business as converted paper & paperboard prods (no contaners/boxes). In the fiscal year to 31 December 2024, it reported revenue of $75.8m and a net loss of $9.8m. At that date it held total assets of $177.5m and shareholders' equity of $156.1m.
Dongfang Paper is consolidated for accounting purposes but is not an entity in which you own equity.
Company, and Dongfang Holding’s wholly owned subsidiary, Dongfang Paper, became an indirectly owned subsidiary of the Company.
Paper”) is a PRC entity that entered into VIE Agreements with Baoding Shengde; Dongfang Paper is the VIE.
Tengsheng Paper Co., Ltd. (“Tengsheng”) is a PRC entity that is 100% owned by Dongfang Paper.
PRC governmental authorities made public the Opinions on Strictly Cracking Down Illegal Securities Activities in Accordance with the Law.
2024 and 2023, $6,948,799 and $3,705,111 of cash and cash equivalents were denominated in RMB, respectively.
In addition, cash transfers from IT Tech Packaging are subject to applicable PRC laws and regulations on loans and direct investment.
Quoted from its 10-K, filed 11 Apr 2025. Read the filing on SEC.gov ↗
Company facts
- Sector
- Materials
- Industry
- Paper & Forest Products
- Listed since
- 17 Dec 2009
- Employees
- 380
- Website
- itpackaging.cn ↗
- Head office
- SCIENCE PARK, JULI ROAD, HEBEI PROVINCE,, F4, 072550
- Incorporated in
- NV
- Classification
- Converted Paper & Paperboard Prods (No Contaners/Boxes)
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Zhenyong LiuChairman of the Board, Chief Executive Officer, since 2007$35,519
- Ms. Jing HaoChief Financial Officer$35,519
- Ms. Dahong ZhouSecretary$4,299
- Mr. Fuzeng LiuDirector$7,701
- Mr. Hon Wai KuIndependent Director$20,000
- Ms. Lusha NiuIndependent Director$7,399
- Mr. Wenbing WangIndependent Director$20,000
- Ms. Sarah ShiIR Contact Officer, since 2022
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- IT Tech Packaging Inc employs 380 full-time employees in Baoding, China.
- The company operates two production segments: Orient Paper HB and Orient Paper Shengde.
- IT Tech Packaging produces four paper product categories including CMP and digital photo paper.
Weaknesses
- The company has only two corrugating medium paper production lines PM6 and PM1.
- IT Tech Packaging's digital photo paper is produced solely by Baoding Shengde Paper Co., Ltd.
- The firm's tissue paper products are marketed under the single Orient Paper brand.
Opportunities
- The firm's CMP production lines support cardboard manufacturing needs in China.
- IT Tech Packaging can expand its digital photo paper segment through Baoding Shengde Paper Co., Ltd.
- Orient Paper HB's printing paper production meets growing market demands.
Threats
- The company relies on a single production facility for tissue paper under the Orient Paper brand.
- IT Tech Packaging faces competition from other paper product manufacturers in China.
- The firm's limited production lines for CMP may restrict capacity growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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