What does Nine Dragons Paper do?

Nine Dragons Paper makes paper in China, mainly the thick paperboard used to make shipping boxes and product packaging. It also makes office and printing paper, specialty papers used in electrical parts and batteries, and pulp. Some of its own paper is turned into cardboard sheets, carton boxes and paper bags.

Basic Materials · Paper & Paper Products · 2689.HK

What Nine Dragons Paper Does & How It Makes Money (2689.HK)

Updated October 2026 · reflects Nine Dragons Paper's latest reported financials

Chinese maker of packaging paper, printing paper, specialty paper and pulp. It earns revenue by manufacturing and selling packaging paper, printing and writing paper, specialty paper and pulp to customers in China.

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How Nine Dragons Paper makes money

It earns revenue by manufacturing and selling packaging paper, printing and writing paper, specialty paper and pulp to customers in China. It also sells downstream products such as corrugated sheets, carton boxes, paper bags and printed or laminated paper products.

What Nine Dragons Paper does

Nine Dragons Paper (Holdings) Limited is a China-based paper manufacturer founded in 1995 and headquartered in Dongguan. Packaging paper is its core business. It makes kraft, test, white top and coated linerboard, corrugating medium, coated duplex board and bleached folding boxboard, and it also sells pulp. The company also makes printing and writing papers, such as uncoated woodfree and office paper, plus specialty papers. These include electrical insulating papers, capacitor papers, battery base paper, glassine and fruit cultivating bag paper. Further downstream, it produces corrugated sheets, cardboard, carton boxes, kraft paper bags, and color-printed and laminated paper products. The company is a subsidiary of Best Result Holdings Limited.

Products & services

Linerboard (kraft, test, white top, coated)
Corrugating medium
Coated duplex board and bleached folding boxboard
Uncoated woodfree and office paper
Specialty paper (insulating, capacitor, battery base paper)
Corrugated sheets and carton boxes

What is Nine Dragons Paper worth?

Fair value: not published

A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.

We show a fair value only when the method is trustworthy. See Nine Dragons Paper on TacticScale →

Sector Basic Materials Industry Paper & Paper Products HQ China Ticker 2689.HK Official site

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Yueyang Forest & Paper (600963.SS) · Shandong Sunpaper (002078.SZ) · Xianhe (603733.SS) · International Paper (IP)

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