Jiangsu Huahong Technology Stock Co., Ltd.

Jiangsu Huahong Technology Stock Co., Ltd. (formerly called Jiangyin Huahong Hydraulic Machinery Works) is a skeleton subsidiary of Jiangsu Huahong Industrial Group. Founded in the early 1970's, the company has developed into a reputable name in the industry of recycling machinery. Known as specialists for heavy hydraulic equipment, we are the largest manufacturer of hydraulic baling presses and cutting machines in China, as well as in Asia. Our company's manpower includes 680 workers and over 100 technicians, among whom 10 are senior engineers. With a total area of 90,000 square meters, our building facilities cover 60,000 square meters. We have 6 workshops and 1 hydraulic research institute. Our company has total assets of USD23,600,000 and fixed capital of USD7,272,000. We have over 400 sets of machines, equipment and vehicles, including numerically controlled lathes and cutting machines, precision deep drilling and boring machines, incircle and ex-circle grinding machines, surface grinding machines, automatic and semi-automatic welding machines, hoisting equipment and transportation vehicles. A pioneering research team of young, well-educated people, working together for invention and innovation, develops and designs new and different products every year for the recycling industry all over the world. We have an annual capacity of 8 new product series, and can produce over 8,000 sets of medium to large-sized hydraulic equipment. Huahong has more than 10 national patents, including inventive patents for formerly non-existent products in China. We have also been honored to receive several quality certificates for our products and company. Hydraulic baling press and cutting machine certificates: 1) Jiangsu High-Tech Product, 2004 2) Jiangsu Famous Brand, 2004 3) Jiangsu Torch Project, 2005 4) China Torch Project, 2005 Jiangsu Huahong Technology Stock Co., Ltd. certificates: 1) ISO9001 certification 2) Jiangsu High-Tech Enterprise, 2004 3) Jiangsu Spark Enterprise, 2005 4) China High-Tech Enterprise, 2006 Giving priority to technical innovation, emphasizing customer service and aiming for market value, Huahong people strive to sell products well to the local and international markets. By the end of 2006, the domestic market coverage rate of "Huahong" brand hydraulic equipment exceeded 60%, and our products sell to over 30 countries in Asia, Europe, Oceania, Africa and America. Export sales for 2006 exceeded USD8,000,000. "Looking ahead to the future with high ambitions, Huahong people will work hard to win your trust and support" is our company motto. Huahong Technology expects cooperation with you for a bright future.