Company --- FOSHAN JINXI JINLAN COLD ROLLED SHEETS CO.，LTD

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Enterprise Brief Introduction
Foshan Jinxi Jinlan Cold-rolled Sheet Co., Ltd. is a Sino-foreign joint venture which was foun

ded in 2004 by Hong Kong Accordpower Investment Co., Ltd., the wholly-owned subsidiary of China Oriental Group Co., Ltd. and Foshan Jinlan Group Co., Ltd. China Oriental Group Co., Ltd. occupies 60% shares of the joint venture company, which is a holding company registered and founded in Bermuda and has been listed on the Hong Kong Stock Exchange; Hebei Jinxi Steel Co., ltd. under China Oriental Group Co., Ltd. is the largest production base of H-shaped steel series product in China. Foshan Jinlan Group Co., Ltd. occupies 40% shares of the joint venture company, and is the provincial advanced enterprise in Guangdong and the excellent private enterprise in China. On February 18, 2008, Hong Kong Accordpower Investment Co., Ltd., Hebei Jinxi Steel Co., ltd. and Foshan Jinlan Group Co., Ltd. signed the agreement of the stock right transfer and capital increase, and Hong Kong Accordpower Investment Co., Ltd. and Foshan Jinlan Group Co., Ltd. respectively transferred 13.21% and 21.5% stock rights to Hebei Jinxi Steel Co., ltd. The three parties simultaneously increased capital, and the total registered capital was 55.152400 million U.S. dollars.
Our company is located in Yanghe Area, Cangjiang Industrial Park, Gaoming District, Foshan City, Guangdong, covers an area more than 106 acres, has three semi-continuous shallow tank turbulent flow pickling lines; respectively one set of 1450mm six-high single-stand mill and 1480 mm reversing mill,8 sets of 850mm rolling mills; one hot dip galvanizing line; 26 groups of bright annealing furnaces; 650mm continuous annealing line; respectively one set of 900mm and 1450mm temper mills and related slitting, degreasing, leveling and other matching equipments. We are one of the largest processing bases of cold-rolled plain carbon steel coils, hot dip galvanized coils, pickling coils and other metal products in Guangdong, having an annual production capacity of 800 thousand tons of pickling steel coils, 350 thousand tons of cold-rolled steel coils and 150 thousand tons of galvanizied steel coils. With the efficient management system, excellent professional and technical personnel, advanced technology equipment, sophisticated manufacturing process and strict quality standards, Jinxi Jinlan has obtained the household appliance cold-rolled steel sheet SGS environmental protection certification and ISO9001 quality management system certification. Our products are sold well all over the world, and the export business volume reaches more than 30%.
Jinxi Jinlan takes the “good faith, practice, innovation and win-win” as the enterprise spirit, and practices the “four behaviors” enterprise culture of “creating the value for customers, the future for employees, the fortune for society, the return for shareholders”. We insist on the operation philosophy of “honesty and faithfulness, mutual benefits and win-win”, and try our best to build the million-ton galvanizing and cold-rolled metal processing enterprise with the largest scale and most complete product specifications in China, and provide the high-quality products and perfect services for customers. We would like to sincerely cooperate with customers in the world and create brilliance hand in hand.

Three parties of the joint venture

Hebei Jinxi Steel Co., Ltd.
It holds 51% shares of the joint venture company and is located in Santunying Town, Qianxi County, Hebei. Hebei Jinxi Steel Co., Ltd. was founded in March 1986. On March 2nd, 2004, Hebei Jinxi Steel Co., Ltd. was successfully listed on the Hong Kong Stock Exchange and raised funds of 1.925 billion Hong Kong dollars, which is the first overseas listed steel enterprise in Hebei. Main products include continuous casting billets (1502, 165*225, steel grades Q195-Q235, HRB335 and Q195K wheel load steel and other varieties of steels), hot-rolled steel strips (232-272*2.0-4.0, 500-735*2.75-11.75, plain carbon and variety steel), hot-rolled H-shaped steel, etc., having an annual matching production capacity of 6 million tons of steel and iron materials. Hebei Jinxi Steel Co., Ltd. was selected as the council member by the China Steel Industry Association in 2003, and ranked 277th on the list of Top 500 Enterprises in China and 9th on the list of Top 100 Enterprises in Hebei in 2005; the annual steel output ranked 69th on the world list, and 168th on the list of Top 500 Manufacturing Industries in China and second on the list of Top 10 Private Steel Enterprises in Hebei in 2006.

China Oriental Group Co., Ltd.
It holds 30.5% shares of the joint venture company. It is a holding company registered and founded in Bermuda and listed on the Hong Kong Stock Exchange. Its main business is the holding investment of steel manufacturing company in China. Jinxi Steel under China Oriental Group Co., Ltd. is the largest production base of H-shaped steel series products, whose annual steel output ranked 69th on the world list, 27th on the national list and 168th on the list of Top 500 Enterprises in China Manufacturing Industry in 2006, and therefore is one of Top 500 Enterprises with the fastest increase in China. Accordpower Investments Limited, the Wholly-owned subsidiary, is a limited liability company registered and founded in the British Virgin Islands, the main business of which is the holding investement of Jinxi Jinlan. Arcelor Mittal, the largest steel company in the world, joined China Oriental Group, and became the second shareholder in November 2007. The join of Mittal lays a platform for the domestic and international development of China Oriental Group and also brings many development opportunities for it.

Foshan Jinlan Group Company
It holds 18.5% shares of the joint venture company. It is the provincial advanced enterprise and China town enterprise in Guangdong. It won the honor titles of the “National Inspection-free Products”, “Famous Brand Products in Guangdong” and “Excellent Private Enterprise in Foshan” in 2003; our products mainly include aluminum profiles, aluminum sheet circle, aluminum particles, electrolytic aluminum, stainless steel sheets and strips, stainless steel pipes, stainless steel and plain carbon steel cold-rolled sheets. They have been passed the ISO9002 Certification and Germany TüVIS9002 Certification and have adopted the International Standard Product Sign Certification.

Production scale
Having three semi-continuous shallow tank turbulent flow pickling lines; respectively one set of 1450mm six-high single-stand mill and 1480 mm reversing mill,8 sets of 850mm rolling mills;

one hot dip galvanizing line; 26 groups of bright annealing furnaces; 650mm continuous annealing line; respectively one set of 900mm and 1450mm temper mills and related slitting, degreasing, leveling and other matching equipments. We are one of the largest processing bases of cold-rolled plain carbon steel coils, hot dip galvanized coils, pickling coils and other metal products in Guangdong, having an annual production capacity of 800 thousand tons of pickling steel coils, 350 thousand tons of cold-rolled steel coils and 150 thousand tons of galvanizied steel coils.

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