The basic situation of the company:

      167 employees in the company, covers an area of 137,158 M2, only at the end of July 2005,the company¡¯s net fixed assets of 117.27 million yuan, with total assets of 403.91 million yuan. The operating range is: produsing and saleing carbon black, rubber and plastic breathing carbon black mother, as well as from the production of carbon black products, providing after-sales service.

Operation of the company over the years:


The basic conditions of ongoing expansion projects

      1, the company would increase the new 65,000 tons of carbon black production, through the expansion,the item would be put in practice in 2 periods of time.

      First period:from Dec. 2004 to Jul. 2005, the company had been completed the two new technology production lines technological transformation of U3¡¢U4 horniness carbon black ,and had increased 25,000 tons of carbon black production capacity.

      Phase 2:form Sep.2005 to Oct.2006, the company had completed 40,000 tons of soft carbon black new thchnology production line and the matching power station of exhaust gas .

Itam Including:
(1) building a new production of 40,000 tons of soft wet granulation carbon black production line;
(2) supporting the building of a 70 T / H boilers and 12,000 KW generating units;
(3) establishing a new 4000 M2 storehouse which to store the finished products Of carbon black¡£
(4) establishing 5000 M3 oilcan
(5) needing to levy new 3.77 hektare of land.

2, source of item¡¯s bankroll

The CRSC (Singapore) added the investment of 6.25 million US dollars, and the IFC replenished the investmen of 1 million US dollars and loaned another11 million US dollars. So far, the new capital has reached 7.25 million US dollars, with IFC ¡®s loans accounted for 5 million US dollars.

                                                                                                    The CRSC(Maanshan) com.,ltd


       
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