Established in July, 2009, Guangdong Guangxin Suntec Metal Holdings Ltd. (hereinafter called Guangxin Suntec) was recognized as key enterprise of Guangdong Foreign Trade Group Co., Ltd. which is one of the top large-scale state-owned enterprises in China. Centering in investment and trade of steel, ferro alloys, nonferrous metal and related products, Guangxin Suntec aims to raise business status by increasing the consolidation of internal and external resources that will greatly enhance competitiveness in the industry. Guangxin Suntec firmly cooperates with Tsingshan Holding Group, and have become the shareholders of Qingyuan Tsingshan Stainless Steel Ltd. and Henan Tsingshan Jinhui Stainless Steel Ltd., which have an annual production capacity around 800 thousand tons and a Stainless Steel Hot Rolling Producing Line with the annual output of 1 million tons.