Hubei HuiTong Industry & Trade Group Co., ltd(The €œgroup€ as below), which is a large materials distribution enterprise, registered in Xiaogan city, Hubei province in 1996 and moved to Wuhan city in June 2005. After expanding fund and stocks in May 2005, the total amount of registered capital is up to RMB 120 million, paicl-up capital is RMB 120 group is the agent of many famous mills in China, including Wuhan Iron And Steel (Group) Corporation, Anshan Iron And Steel Group Corporation , Benxi Iron And Steel Group Corporation, Maanshan Iron And Steel Co., Ltd, Nanjing Iron and Steel Co., Ltd, Jiangsu Shagang Group Co., Ltd. After ten years of hard working, self-accumulation and chained development, all the staff have rich experience in metal materials business. In 2006, the sales of all kinds of steel, including scrap steel has reached more than 900, 000 now, the group established six subsidiary companies ¼ˆ Wuhan Yuanfeng Iron And Steel Industry & Trade Co., Ltd., Jiangsu Tonghui Metal Material Co., Ltd., Wuxi Huitong Iron And Steel Industry & Trade Co., Ltd., Shandong Huitong Iron And Steel Industry & Trade Co., Ltd., Shanghai Huitong metal Materal Co., Ltd. Changzhou Huitong Metal Material Co., Ltd ¼‰ , and Qingdao sale Oct.2006, The group successfully purchased Hanguang Electron Device Factory(also called state-run 4404 factory) with RMB 15million, and changed the name as Hubei Hanguang Science and Technique Co., Ltd. At present, we've made corporation's organization criterion, basic rules for administration, marketing, logistics, production, human resource, financial affair etc. and assignment process according to company's constitution and development requirement. So one unitive and normative management come into being. In addition, The Group has been awarded continuously €œAAA level credit enterprise€ by China Agricultural Bank, Hubei branch from 1998 to 2006.At the same time , It's assessed €œhighly trustwort