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Anhui Shanying Paper Co., Ltd. was formerly Ma'anshan paper mill, which was founded in 1957. It was originally a small state-owned enterprise. It was changed into Anhui Shanying Paper Co., Ltd. in 1999. In 2001, it successfully issued 60million A shares on the Shanghai Stock Exchange, and successfully issued 250million yuan convertible bonds in 2003, and increased nearly 100 million a shares in 2004.
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