| 1 | Hainan Jinhai Pulp & Paper Co Ltd - JHPP - APP Industrial Paper Business Unit | 1,632,930 | 882,474 |
| 2 | Guangxi Jingui Pulp & Paper Co. Ltd - APP Industrial Paper Business Unit | 907,180 | 490,262 |
| 3 | Nine Dragons Paper Ind. (Chongqing Plant) Pulp Mill | 710,000 | 383,701 |
| 4 | Nine Dragons Paper Industries (Shenyang Plant) Pulp Mill | 560,000 | 302,637 |
| 5 | Huanggang Pulp Mill | 536,100 | 289,721 |
| 6 | Yueyang Fengli Paper Pulp Mill | 479,184 | 258,963 |
| 7 | Tangshan Pulp & Kraft Paper and Corrugated Medium | 479,184 | 258,963 |
| 8 | Chengdu Laishan Paper Pulp Mill | 479,184 | 258,963 |
| 9 | Jiangsu Bohui Paper Industry Pulp Mill | 479,184 | 258,963 |
| 10 | Mashan Pulp & Tissue | 479,184 | 258,963 |
| 11 | Laibin Pulp & Paper Mill | 479,184 | 258,963 |
| 12 | Jilin Pulp & Paper Mill | 479,184 | 258,963 |
| 13 | Jiaxing Pulp & Paperboard | 479,184 | 258,963 |
| 14 | Zaozhuang Pulp & Paperboard | 479,184 | 258,963 |
| 15 | Yanzhou Pulp & Paper Mill | 479,184 | 258,963 |
| 16 | Henan Publishing Industry Foreign Trading Co. Ltd - Henan Publishing Group | 479,184 | 258,963 |
| 17 | Zhanjiang Chenming Pulp & Paper Co. Ltd - Shandong Chenming Paper Group | 479,184 | 258,963 |
| 18 | Anhui Snow Dragon Fibre Technology Pulp Mill | 479,184 | 258,963 |
| 19 | Shaowu Zhongzhu Paper Pulp Mill | 479,184 | 258,963 |
| 20 | Shaoguan Nanxiong Zhuji Paper Manufacturing Co. Ltd - Guangdong Shaoneng Group | 479,184 | 258,963 |
| 21 | Shanghai Baijin Chemical Group Pulp Mill | 479,184 | 258,963 |
| 22 | Sanming Pulp Mill | 479,184 | 258,963 |
| 23 | Qianjiang Pulp Mill | 479,184 | 258,963 |
| 24 | Panjin Pulp & Paper Mill | 479,184 | 258,963 |
| 25 | Nanyang Pulp & Paper Mill | 479,184 | 258,963 |
| 26 | Hubei Danjiangkou No. 1 Paper Mill | 479,184 | 258,963 |
| 27 | Guangdong Dingfeng Pulp & Paper Pulp Mill | 479,184 | 258,963 |
| 28 | Heilongjiang Provincial Papermaking Co | 479,184 | 258,963 |
| 29 | Guangxi Houda Pulp & Paper Pulp Mill | 479,184 | 258,963 |
| 30 | Qianjiang Shi Paper Mill | 479,184 | 258,963 |
| 31 | Mudanjiang Hengfeng Paper Pulp Mill | 479,184 | 258,963 |
| 32 | Jilin Chenming Paper Co Ltd - Shandong Chenming Paper Group | 479,184 | 258,963 |
| 33 | Yunnan Yunjing Forestry Pulp Mill | 479,184 | 258,963 |
| 34 | Jiangmen Sugar Cane Chemical Factory (Group) Pulp Mill | 479,184 | 258,963 |
| 35 | Chengdu Huaming Boli Paper Pulp Mill | 479,184 | 258,963 |
| 36 | Guizhou Chitianhua Paper Industry Co. Ltd - Taison Group Pulp Mill | 479,184 | 258,963 |
| 37 | Jinzhou Kuanhong Paper Pulp Mill | 479,184 | 258,963 |
| 38 | Asia Symbol Pulp And Paper Pulp Mill | 479,184 | 258,963 |
| 39 | Nanyang Tailong Paper Pulp Mill | 479,184 | 258,963 |
| 40 | Dongguan Pulp & Paper Mill | 479,184 | 258,963 |
| 41 | Jiaozuo Pulp Mill | 479,184 | 258,963 |
| 42 | Liuzhou Pulp & Paper Mill | 479,184 | 258,963 |
| 43 | Linyi Pulp & Paper Mill | 479,184 | 258,963 |
| 44 | Xiaogan Pulp & Corrugated Medium | 479,184 | 258,963 |
| 45 | Ya'an Zhongzhu Paper Industry Pulp Mill | 479,184 | 258,963 |
| 46 | Shashi City Paper Mill | 479,184 | 258,963 |
| 47 | Nantong Tailida Chemical Group | 479,184 | 258,963 |
| 48 | Hegang Huaxin Paper Pulp Mill | 479,184 | 258,963 |
| 49 | Sanming Pulp & Paper Mill | 479,184 | 258,963 |
| 50 | Puyang Pulp & Printing Paper | 479,184 | 258,963 |
| 51 | Nantong Pulp & Paper Mill | 479,184 | 258,963 |
| 52 | Hailar Chenming Paper Pulp Mill | 479,184 | 258,963 |
| 53 | Lee & Man Paper Manufacturing Limited - Chongqing Plant | 479,184 | 258,963 |
| 54 | Dali Paper Stock Pulp Mill | 479,184 | 258,963 |
| 55 | Nine Dragons Paper Ind. (Taicang Plant) Pulp Mill | 360,000 | 194,553 |
| 56 | Hebei Yongxin Paper Co Ltd - Nine Dragons Paper Group | 210,000 | 113,489 |
| 57 | Nine Dragons Paper Industries (Quanzhou Plant) Pulp Mill | 210,000 | 113,489 |
| 58 | Muchuan Pulp Mill | 204,000 | 110,246 |
| 59 | Xuyong Pulp Mill | 200,000 | 108,085 |
| 60 | Yibin Changyi Pulp Mill | 120,000 | 64,851 |
| 61 | Nine Dragons Paper Ind. (Tianjin Plant) Pulp Mill | 100,000 | 54,042 |