IT Tech Packaging Inc (ITP)

[10atious]

New PR about unaudited third quarter results:
"Our strong performance in the third quarter reflects the continued favorable pricing trends driven by strong market demand and regional shortage in supply of paper products. During the third quarter, we completed installation of the paper manufacturing equipment and activated the new power station for our new 360,000 tons corrugated medium paper production line. Currently, we are conducting extensive testing procedures on our new production line and expect to begin commercial production in the fourth quarter of 2011," commented Mr. Liu.

"We believe the launch of this new production line will mark an important milestone for Orient Paper and will make meaningful contributions to our revenue, profitability and market share growth in the year 2012 and beyond."