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Brief Introduction
Xinwen Mining Group Material Supply and Sell Co.Ltd
Xinwen Mining Group (Co), Ltd. is located in Xintai city, Shandong province. Ranking 163 among 500 top-class enterprises in China and 8 among 100 powerful units in coal industry of China in the year of 2004, the Group is a special large-scaled enterprise with total capital of USD2900 million. The sales income in 2004 is USD 1350 million and the sales income is USD1.89 billion in 2005. The Group enjoys high credit prestige of AAA class and has the total line of credit of USD 500 million in 4 state-run banks respectively. The production output of raw coal in 2004 is 14 million tons, 27 million tons shall be reached in the year of 2006. On April 17, this year the Group signed the final agreement with the government of Yili state in Xinjiang Autonomous Regin for the investment to the construction of the Coal-chemical Project with annual processing capacity of raw coal of 50 million tons which is the biggest one in China. At the same time the Group is the holding company for the following non-coal (industry) companies and factories that are of strong competitiveness in the country such as a cement producer with annual production of 5 million tons, an oil refining co. which can process 0.5 million tons of soybeans per year (1 million tons for stage 2), a pig iron plant with annual production of 1 million tons, a paper manufacturer of 250,000 tons per year of paper, a natural plaster board manufacturing co. with annual production of 60 million square meters, a silicon-manganese alloy plant with the annual production of 100,000 tons, a steam power plant with the installation capacity of 468 MW, a stainless steel sheet manufacturer of 60,000 tons per year, a coking plant of 1 million tons per year for coking coal, a special large-scaled salt-chemical plant, a large-scaled machining plant, textile mill and clothes processing etc.
Xinwen Mining Group Material Supply and Sell Co., Ltd is completely owned by Xinwen Mining Group (Co.), which is the only unit to be appointed to purchase all the equipments, goods and materials used inside of the branches, sub-companies, holding companies and equity participation companies of the Group and to do the international trade and the foreign investment on behalf of the Group. With the registered capital of USD 4 million and the grand total of assets of USD 5.4 million the co. has 1,800 stuff members. The sales income in 2004 is USD 330 million and the line of the credit is USD 300 million in total. Further more, the co. can use the line of credit of USD 500 million belonging to the parent co. (Xinwen Mining Group) unconditionally. In the foreign trade the main imported products of the co. are raw materials such as iron ore fine, manganese ore, alumna, soybeans, steel sheet, ferro-manganese alloy and steel strap etc. The co. was awarded as the unit of “strictly abiding by contracts and punctuality” in the year of 2002. The co. got the certificate of qualification enterprise to import and export and approve to do the business of importation and exportation business of various kinds of commodities and technology by itself or to be the agent for others in 2001. The co. passed the attestation of standard quality control system of GB/T19001-2000 idt ISO9001: 2000 in the year of 2002.
Green Lee
International Trade Department Manager
商铺网址：http://ligerui.cn.vooec.com |
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