Jiangsu Huaxi Steel & Iron Co., Ltd , attached to the Jiangsu Huaxi Group, lies in the No.1 village of the world?uaxi Village. Through 20 years of hard work, the company which was set up in 1987, has three subsidiary factories, the hot strip factory, cold strip factory and welded tube factory. The registered capital of the company comes to RMB 2 billion yuan, and its annual value of production reaches RMB 10 billion yuan. The company covers an area of 1,350 mu with the building area over 0.25 million sqm. The company has employed 4,500 staff, of which 1, 000 are engineers and technicians.