Established in 1995, Nine Dragons Paper Group is the world's largest environmentally friendly recovered paper-based modern packaging paperboard manufacturer. It listed on the Stock Exchange of Hong Kong in 2006. Headquartered in Dongguan City, Guangdong Province, China, the group's 2014 revenue exceeded RMB40 billion. With an aggregate annual production capacity of over 13 million tonnes, it has established several paper production bases in China – Dongguan, Taicang, Chongqing, Tianjin, Quanzhou and Shenyang – and one in Viet Nam.