Company Introduction

Xinxing ductile iron pipes co. Ltd. (XINXING) Is the largest manufacturer and supplier of ductile iron pipes and fitting and accessories in Asia and also ranks the second in the world. The products capacity is from DN80MM to DN2600MM with production ablity 1.2 million tons per annum. As one of the biggest 500 industrial and commercial enterprises in China, their annual turnover in 2005 was more than USD$1.2Billion. In 1997 xinxing ductile iron pipes co. Ltd was listed on China Shenzhen stock exchange market and became a public limited company with total 320,000,000 shares.34% of these equity shares were exchanged in the stock exchange market. The total assets of xinxing ductile iron pipes co. Ltd. Is about RMB 8billion after years of rapid progress. As a listed company in China, xinxing is facing many opportunities and challenges. On the one hand, xinxing has more chances to raise the funds from the market for new investment to develop new business scope. On the other hand, xinxing shall safeguard its shareholder''s interests to guarantee the steady and rapid and healthy development of the company. Xinxing adheres to strict management principles and endorses quality products. Company profile Xinxing can supply many kinds of products through its 21 subsidiary factories: -iron, steel, billet and bar steel and deformed steel bar, -ductile iron pipe and fitting, -casting products, steel grating, -coke, cast iron pipe, steel radiator, -electric equipment and -petrochemical equipment. The capacity per annum for the main products from xinxing is as follows: Pig iron:5,000,000 MT Steel bar and billet and deformed steel bar: 1,100,000 MT Ductile iron pipes: 1,200,000 MT Ductile iron fittings: 50,000 MT Steel grating: 50,000 MT Cast iron pipe:60,000 MT Steel and plastic compound pipes:1000,000.00 meters Casting products:40,000 MT