Sinochem Equipment Technology (Qingdao) Company Limited (China)

The company mainly produces and sales various specifications of all steel radial truck tires, and trademarks of product are the "Huanghai" and "Haiao",whose technical process, the major equipment manufacturers is all from the Italian Pirelli (PERELLI) company- the world-class tire producer,and through constant absorption and innovation, the company is now in the advanced level in domestic and internation, whose the annual production capacity can reach 1.4 million units. The strong technical force, multi-standard tires we have developed have filled the gap in demestic, and has been named as the provincial, national-level new products,which is very popular in the market, and sells well in Europe, the Middle East, Africa, Southeast Asia. May in 2010,it announced the following restructuring plan: Zhongche Grouo-the actual control of the company will purchase all of the cash assets and liabilities of the ST Huanghai Group in crash, the company issues shares to Qihua investment Group to acquire the 100% shares held by Hua Qi company stake in mining in Inner Mongolia .Qi-hua is mainly engaged in business of mining pyrite mining, nonferrous metals mining, deep processing of sulfur products, and is the large-scale mining enterprise of production of sulfur concentrate, copper concentrate, zinc ore, phosphorus ore, sulfuric acid and slag, fertilizer-based.