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IT Tech Packaging, Inc. Participated the ALL IN PRINT CHINA Exhibition

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IT Tech Packaging, Inc. (NYSE MKT: ITP) announced its participation in The 8th All In Print China Exhibition in Shanghai, marking a significant event for the printing and packaging sector post-COVID-19. CEO Zhenyong Liu highlighted the industry's recovery and the company's commitment to enhancing production technologies and product quality. ITP is positioned strategically in North China, benefiting from regional industrial activities and a substantial market base. The company continues to leverage recycled materials in its diverse paper product offerings.

Positive
  • Participation in The 8th All In Print China Exhibition signals relevance and engagement in the industry.
  • CEO's positive outlook on industry recovery suggests potential growth opportunities for ITP.
  • Strategic location in North China enhances access to a significant consumer market.
Negative
  • None.

BAODING, China, Oct. 20, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its CEO Mr. Zhenyong Liu together with its marketing team participated The 8th All In Print China Exhibition held in Shanghai City, the first comprehensive exhibition in printing and packaging business after the COVID-19 epidemic outbreak. The roaring trade released a strong signal of the positive recovery of the printing and packaging industry.

Mr. Zhenyong Liu, the CEO and Chairman of the Company commented: "the printing and packaging industry is improving as the domestic economy continues recovering, and so is the company. The two-day visit gave us a deep understanding about the latest materials, techniques and products. We will follow the industry trend and strive for a better performance with more advanced producing technology and product quality."

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China's Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE MKT since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company's public filings with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
ir@itpackaging.cn
Tel: +86 0312 8698215

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SOURCE IT Tech Packaging, Inc.

FAQ

What did IT Tech Packaging announce on October 20, 2020?

IT Tech Packaging announced its participation in The 8th All In Print China Exhibition in Shanghai.

What does IT Tech Packaging focus on in its business operations?

IT Tech Packaging focuses on manufacturing and distributing diversified paper products using recycled materials.

What did CEO Zhenyong Liu say about the printing and packaging industry?

CEO Zhenyong Liu indicated that the printing and packaging industry is improving as the domestic economy recovers.

How is IT Tech Packaging strategically positioned in North China?

IT Tech Packaging's operations are located near Beijing and Tianjin, benefiting from industrial activities and a large market for paper products.

IT Tech Packaging, Inc.

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