Longchen Paper & Packaging Co., Ltd. signed a sales contract with Baolong International Co., Ltd. The company produces 150,000 tons of industrial paper per year, which is sold on consignment by Baolong International Co., Ltd. The objective is in order to continue the sales contract of Baolong International Co., Ltd. in 2021,maintain channel advantages and give full play to operating synergies. The Starting date is January 1, 2022 and ending dates (or rescission date) is December 31, 2022.