In 2004, Panhua Group Co., Ltd was incorporated by Mr. Xinghua Li in Zhangjiagang City, Jiangsu Province, China, with registered captial of 127 million USD. Initially Panhua consisted of 3 steel mills, namely Zhangjiagang Huada Coating Co., Ltd, Zhangjiagang Wanda Steel Strip Co., Ltd, and Jiangsu Huasheng New Building Materials Co., Ltd. All these 3 mills were fully invested by Mr. Li in 1999, 2002, and 2004 for producing PPGI, GI, and CRC respectively. Before the mergence of Panhua Group, flat steel sales under brand of Panhua had already gone throughout China along with numerous honors and top1 domestic market share among all privately owned Chinese steel mills. After 2006, Panhua further set up several subsidiaries in other business divisions such as real estate, shipping terminals, metal mines, and commercial banks. In 2008, Panhua started to expand its flat steel industry by building a new mill in Chongqing City, Western China. Chongqing Panhua Steel Strip Co., Ltd now forms the same capacity as our mills in Zhangjiagang City, 1.5 million Mt of steel coils per year, but will start to output more in 2011 and widen the existing scope of supply.Head office of Panhua is located in Zhangjiagang Free Trade Zone as well as Jiangsu Yangtze International Chemical Indutrial Zone. It's 200KM away from Shanghai International Airport. Today's Panhua possesses about 10 square kilometers of land and 3400 employees in total. By turnover, Panhua Group is ranked among Top500 Chinese Companies.Panhua's manufacturing and management systems have past ISO 9001:2000 and ISO 14001:2004. We have established labs close to all processing lines and cold rolling mills to ensure quality control and environmental protection of mass production. We've also established strategic alliances with Top10 state-owned steel mills to achieve mutual benefitial cooperation on stable and qualified HR supply. Panhua is quickening its steps to conduct integrative operation. We are making
