IT Tech Packaging, Inc. announced that its operating entity in China, Hebei Baoding Dongfang Paper Milling Company Limited, has entered into a letter of intent to acquire 60% equity interest in Baoding Huizhi Ruixing Information Technology Co., Ltd., a new high technology company with registered capital of RMB10 million focused on providing intelligent healthcare IT solutions to hospitals, medical institutions, government agencies, enterprises and public institutions in China.
