IT Tech Packaging, Inc. Reports Insights from 2025 Annual Shareholders Meeting

On October 31, 2025, IT Tech Packaging, Inc. (NYSE American: ITP), a prominent manufacturer and distributor of paper products based in North China, held its Annual General Meeting of Stockholders at their production facility located in Wei County, Hebei Province. The meeting commenced at 10:00 AM Beijing Time, and several significant decisions were made that will influence the company's trajectory moving forward.

During the Annual Meeting, shareholders played a pivotal role in shaping the company's governance by electing two directors in Class I to the Board of Directors. These directors will serve until the next Annual Meeting scheduled for 2027, ensuring continuity and strategic oversight for IT Tech Packaging in the coming years. This move highlights the commitment of the shareholders to foster leadership that aligns with the company's long-term vision.

In addition to board elections, the shareholders ratified the appointment of GGF CPA LTD. as the independent registered public accounting firm for the fiscal year ending December 31, 2025. This appointment is crucial for maintaining transparency and integrity in the company's financial reporting and will help uphold the trust of investors.

Furthermore, the shareholders approved the adoption of the IT Tech Packaging, Inc. 2025 Omnibus Equity Incentive Plan. This incentive plan is expected to enhance employee motivation and retention by linking compensation to the company's performance, thereby aligning the interests of employees and shareholders. Such initiatives are pivotal as the company looks to innovate and expand within the competitive paper products market.

Founded in 1996, IT Tech Packaging has established itself as a leader in producing diversified paper products, including single-use face masks primarily sourced from recycled materials. Its strategic production bases in Baoding and Xingtai place it in proximity to the bustling markets of Beijing and Tianjin, which are known for their industrial growth and substantial paper product consumption. Since its listing on the NYSE American in December 2009, IT Tech Packaging has been committed to sustainable practices and innovation in the packaging field.

The Annual General Meeting signifies more than just formal voting; it represents a collective vision shared by the company's shareholders and management to propel IT Tech Packaging forward in an ever-evolving marketplace. With the backing of its stakeholders and a clear strategic direction, the company is poised to further enhance its role within the paper products industry in North China and beyond.

In conclusion, IT Tech Packaging, Inc. stands firm on its path of growth and sustainability, focusing on creating high-quality paper products while remaining attentive to the interests of its shareholders. The steps taken during this meeting reflect a systematic approach to governance that is vital for navigating the competitive landscape and achieving future success.