March 7, 2008, the procurement contract of Yueyang Paper 400000t/a Wood-Containing Printing Paper Project which was tendered and purchased by CNTIC was signed successfully at Headquarter of Yueyang Paper Co., Ltd in Changsha Xingsha economic and technological development zone in Hunan Province. Zhang Zhonghua, Deputy General Manager of CNTIC, Wu Guilin, Chairman of the Board of Hunan Tiger Forest & Paper Group Co., Ltd and Yueyang Paper Co., Ltd, represented CNTIC and the owner respectively, signed the import contract of equipment procurement with Voith Paper GmbH & Co. KG, Andritz AG, Andtriz OY, and Quattroll Oy