Founded in 2004, Shanghai Shunho New Materials Technology Co., Ltd. (SZ:002565) is a high-tech enterprise that integrates research and development, world leading manufacture and sale of environmentally friendly packaging materials including but not limited to environmentally-friendly packaging materials (ie. vacuum aluminized paper, laminated paper, optical anti-counterfeiting film, white cardboard), printed paperboard, electronic-cigarettes/vaporizer manufacturing. Shunho went public on Shenzhen Stock Exchange on March 18, 2011. With registered capital of 709m and now has over 30 subsidiaries with almost 2,500 employees operating in Shanghai, Hong Kong, Guangdong, Fujian, Hubei, Anhui, Jiangsu, Zhejiang and the United States. Shunho is also the first publicly traded company in China to obtained licenses for cannabis sativa L. (hemp) related activities in China and intends to position itself as a leader and advocate for the industry.