Jiangsu Yonggang Group Co., Ltd. (referred to below as Yonggang) is a large-scale integrated iron and steel enterprise, which ranks No. 183 among China's Top 500 enterprises and No. 96 among Top 500 enterprises of China's manufacturing industry. Yonggang has the total assets of 9.5 billon Yuan. The annual output of steel making and steel rolling are both 5 million tons, and the sales income in 2006 year was about 16.3 billion Yuan. Yonggang was successively assessed as super credit standing enterprise, perfect measurement inspection system qualified enterprise, overall quality management advanced enterprise and the honest enterprise by the national Banking System, the State Bureau of Quality and Technical Supervision and the National Ministry of Agriculture. Yonggang was also continuously assessed as an "AAA" credit standing enterprise
