Gold East Paper

Sinar Mas Group founded by the renowned Indonesian Chinese entrepreneur, Mr. Eka Tjipta Widjaja in 1938, now has hundreds of legal entities. The Group's investments span Asia, North America, Europe, Australia, etc. Through continuous innovation and development, the Group has formed seven core industries: pulp and paper, finance, agriculture and food processing, real estate, energy and infrastructure, mobile communications, and healthcare. Since 1992, Sinar Mas has been investing in China.

APP (China) refers to Gold East Paper (China) Investment Co., Ltd. and its invested companies in Mainland China. Since entering China in 1992, it has always adhered to a sustainable development strategy, striving to practice green recycling with the concept of "integrated forest, pulp, and paper" for sustainable papermaking. Currently, APP (China) has forestry business division, pulp business division, large paper division (including industrial paper and cultural paper), and household paper business division, etc.

Furthermore, APP (China) and its parent company, Sinar Mas Group, are also embarking on urban complex and science park projects that promote corporate sustainable development to achieve diversified allocation of resources. Up to now, four large-scale urban complex projects have been developed in Shanghai, including: Shanghai Baiyulan Plaza, Shanghai Sinar Mas Bund Center, Shanghai Golden Bridge International Center, and Shanghai Xinghui Center.

As of the end of 2019, APP (China) has owned over 20 wholly-owned and controlled pulp and paper enterprises, as well as 18 forestry companies, with total assets of approximately RMB 191.4 billion, annual processing and production capacity of approximately 11.78 million tons, and sales in China in 2019 of approximately RMB 65.1 billion. It has about 19,000 full-time employees. APP (China) is committed to developing various aspects to improve the quality of life.