Recently, China Yusen Group and Hezhou City, Guangxi Zhuang Autonomous Region of China held a signing ceremony for the project investment agreement, where both parties signed the Investment Agreement for the 1.5 Million tpy Paper Full Industry Chain Project of Baoding Yusen Hygiene Products Co., Ltd. It is understood that the project has a total capacity of 1.5 million tpy, covers an area of 3,000 mu, with a total investment of RMB 15 billion, and will be constructed in three phases.