Hangzhou CIEC Group Co.,Ltd(CIEC) was founded inOctober 1997. It is a state-owned company engaging in steelproducts with registered capital of RMB 1 billion. CIEC is asubsidiary company of Hangzhou Steam Turbine and Power GroupCompany Limited (HTP). Now CIEC's main business includes three parts:import, export and domestic trade. In 2014, CIEC sold 31.06 millionton in volume. Its sales turnover reached RMB 53.9 billion. In 2004, CIEC was granted the honor of Top 100Hangzhou Municipal Enterprises Taxpayer. From 2004 to 2007, CIECwas successively granted the honor of 'Gold Dragon Award' of Importand Export Trade Company by the government of Hangzhou. In 2006,CIEC was awarded by the government of Zhejiang Province as one ofthe' Top Law-abiding and Credit Import and Export Enterprises'. In2011 - 2013, CIEC ranked 4th on the top 100 Chinese steel tradeenterprises for 3 years successively，In 2014, CIEC ranked 3th inthe top 100 Chinese steel trade enterprises.
