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IT Tech Packaging, Inc Announces First Quarter 2021 Unaudited Financial Results

  pp represents percentage points Revenue increased by 176.9% to $24.21 million, primarily attributable to increase in sales volume of CMP and offset printing paper, as well as the increase in Average Selling Prices ( ASPs ) of CMP and tissue paper products. Gross profit was $1.83 million, compared to gross loss of $0.17 million for the same period of last year. Gross margin was 7.5%, compared to gross loss margin of 1.9% for the same period of last year. Loss from operations was $0.72 million, compared to the loss from operations of $2.87 million for the same period of last year. Net loss was $4.34 million, or loss per share of $0.12, compared to net loss of $2.44 million, or loss per share of $0.11, for the same period of last year.

Why Do The Proud Boys Have A Bunch Of Chinese Donors?

While they espouse white-nationalist principles and mythology under the guise of Western chauvinism, the Proud Boys nonetheless attract a number of avid nonwhite supporters. Image from: David Neiwert On the surface at least, one of the more mystifying aspects of far-right street gangs like the Proud Boys who espouse a fundamentally white-nationalist ethos is their ability to attract recruits and supporters who are nonwhite a small number, to be sure, but often as intense as the most rabid of the extremists. The Proud Boys’ national chairman, Enrique Tarrio, is the leading example a Cuban-African man. The question was raised this week again by a story from Will Carless at

Why the Chinese diaspora support the Proud Boys

Proud Boys held fundraiser online last December after clashes in DC with Antifa  Several members of the group were stabbed during pro-Trump rally in capital  More than $86,000 raised in fundraiser were from Chinese expats in US, abroad  Small but vocal minority of Chinese-Americans back Proud Boys, Donald Trump  They say group stands between them and a communist takeover by BLM, Antifa 

Proud Boys saw wave of contributions from Chinese diaspora before Capitol attack

Proud Boys saw wave of contributions from Chinese diaspora before Capitol attack Will Carless, USA TODAY Replay Video The donations started coming in about 10 p.m. on Dec. 17. A donor named Li Zhang gave $100. A few minutes later, someone named Jun Li donated $100. Then Hao Xu gave $20, followed shortly by $25 from a Ying Pei. In all, almost 1,000 people with Chinese surnames gave about $86,000 to a fundraiser on the crowdfunding platform GiveSendGo for members of the extremist street gang the Proud Boys. Their gifts made up more than 80% of the $106,107 raised for medical costs for members of the Proud Boys who were stabbed during violent clashes in Washington, D.C., in mid-December.

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