DALIAN DONGZHAN GROUP CO. LTD. - Liaoning, China

Founded in April 2001 with registered capital of USD24,000,000, we are a joint venture company founded by 7 parties; with this group headed by the large-scale Beitai Iron & Steel (Group) Inc. Employing 200 staff members, of whom 90% are college graduates, these personnel are experienced in the fields of business management, machinery manufacturing, finance, foreign trade and real estate development. Comprised of 3 holding companies, a partly owned enterprise, over 10 subsidiaries, and 3 offices, our group is now engaged in the trading of iron ore, scrap steel, steel products and chemicals. Meanwhile, we are also involved in modern logistics and e-business, and are working to set up offshore production bases. Experiencing ever-increasing sales volumes, in 2001 our yearly turnover was worth  

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USD120,000,000; with this figure valued at USD320,000,000 in 2002. With almost 60% of profits generated by sales to overseas clients, we have already exported series to clients in more than 20 countries worldwide. Cooperating with such companies as Hamersley from Australia, CVRD from Brazil, ABC from the UK, Jordan's NECC, and the Japanese Mitsubishi and Nippon Steel enterprises, we have attained a global reach. In order to enlarge our presence in the international market, we have also established branch offices and subsidiaries in Hong Kong, Dubai, India, South Korea and Thailand. Meanwhile, we aim to set up bureaus in Australia, the UK, USA, Brazil and Germany over the next few years to create the most favorable situation for international trade. Furthermore, with our business booming, in 2002 we were credited USD15,000,000 by several domestic financial institutions. Operating on the basis of honesty and credit, we were commended as a "Contract Honoring Enterprise" by the Liaoning Provincial Administration for Industry and Commerce in 2001. Also appointed as an "Excellent Trading Enterprise" by the Chinese Import & Export Commodity Inspection Institute, our products have received many certificates from authoritative organizations. Welcoming companies worldwide to contact us for trade cooperation, we look forward to receiving your detailed inquiries.