SHANDONG HENGJI NEW MATERIALS CO., LTD

Shandong hengji new materials co., ltd.is an emerging industry company with sophisticated equipment, independent R&D capability and comprehensive strength and is invested by Beijing Oriental Investment Holdings Limited and technically supported by China Iron and Steel Research Institute Group. It sits at the western foot of Mount Tai (ranking first among five sacred mountains) and in the city of peach ������¢���¯���¿���½���¯���¿���½Feicheng City������¢���¯���¿���½���¯���¿���½ and being headquartered in Feicheng High-tech Industrial Development Zone, enjoying an elegant environment and convenient transport. With a total investment of RMB 2.6 billion and an area of 780 mu (1mu=666.7 square meters), the project plans to be constructed in two phases. After going into production, Project Phase I is expected to reach a production capacity of 600, 000 tons and to achieve sales of around RMB 3.8 billion per year. Project Phase II is expected to be launched at the end of 2011 and to go into production at the end of 2012 successively. After going into production completely, the project is expected to reach a production capacity of 3 million tons and to achieve sales of RMB 20 billion per year. After completing construction, it will boost industrial chain cohesion and establish a plate production base boasting quality products, mass production, industry chain and favorable environment.