Linghai Sing Horn Imp.&Exp. Co., Ltd.

Established in 1994, jinzhou sing horn enterprise Co., ltd is an enterprise owned by private shareholders with the registered capital only 900 thousand. Through 10-year development, the company now has accumulated equity fund worth of rmb70 million plus with annual revenue nearly rmb0. 4 billion, realizing tax by profit totally rmb0. 15 billion. Based on ferromolybdenum products, we extend the range of production to molybdic oxide series products; chrome series including chromium metal, high pure chrome metal, chrome powder and chrome corundum; vanadium series products such as ferro vanadium and vanadium aluminum alloy; ammonium perrhenate and super fine roasting kaolin etc. The total output has increased from 600t in 1994 to the current 20000t plus, featuring major products molybdenum series and chrome series with 8000t and 5000t respectively. The output percentage of the molybdenum series and chrome series at domestic market are 15% and 60% . Moreover, the output of chrome series ranks first in Asia, fourth in the world. Since 1997 when gaining approval for foreign trade right until now, sing horn has made foreign exchange earnings of rmb 0. 22 billion from totally. In 2000, sing horn ranked 126th in the list of enterprises with earnings from foreign exchange of $10 million plus, 6th in Liaoning province and 1st in jinzhou city, Liaoning province. For a running 6 years, sing horn is the number one enterprise of which make foreign exchange earnings. 2004 sees the very first year of the second start-up. The whole performance has progressed further as the following figure indicates: For the first half year, sing horn realized the gross output value of industry, totaling rmb0. 34 billion, and earnings from foreign exchange, totaling rmb34. 48 million. The company has passed verification for iso9002 quality system in 2000 and iso9001: 2000 quality system in 2002. Sing horn has invested rmb9. 5 million for dealing with environmental pollution, in 2000 passing the test on the standard of environment-friendly system and in clean production audition in 2002. Since 1998, it has been the member of imoa (internationalmolybdenum association) and vice president level unit in Chinese molybdenum association since 2001. Also sing horn has been honored the top10 industrial enterprise by jinzhou city municipal government for a running 2 years since 2002.

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