(1) China-Hong Kong Joint Venture company, established in 1992. With floor area over 35, 000 square meters, and building area about 20, 000 square meters. Huaxin is a science and technology type manufacturing enterprise, professionally engaged in R&D, manufacturing, machining and selling as a whole in electrom8agnetism technology area. The main products are various kinds of high precision silicon steel stamping cores (include International Standard EI lamination, ballast lamination, motor core lamination, automobile ignition coil core, power switch core, transducer core and so on), and energy-saving transformer, ballast electromagnetism products. Huaxin has more than 200 staff, among which there are over 60college or higher professional technical personnel, 10 engineers, 30 research personnel, 20 quality control personnel. (2) Equipments: Over 30 sets of 200T, 125T, 80T, 60T, 45T and 25T full automatic high-speed precision punches, and around 20 sets of the other punching equipments, imported from Taiwan, Japan and South Korea; More than 300 sets of various kinds of standard and non-standard high-speed progressive precision moulds; Two sets of high precision slitting equipment; Two sets of internal advanced heat treatment facilities; Full series of mould processing equipment, including ROBOFIL390 Charmilles slow-feeding wire-cut machines, etc.; High precision measuring instruments, including the coordinate measuring machines made in Italy, shadow optical projector, core loss testing equipment, and so on. EI Lamination: 40000 tons, Motor Core Lamination: 10 millions sets, Ignition Coil Core Lamination: 15 million sets, transducer Core Lamination: 2 million sets. (3) Quality Principle: “Customers’ satisfaction is our permanent purpose, continuous improvement is our eternal pursuit” (4) Advanced management ideas and tools, such as ERP, FMEA, PFMEA, SPC Jiangyin Bangtai International Trading Co., Ltd. is the Wholly-owned subsidiary