Established in 2003, Jiangsu Jiangnan Industrial Group Co., Ltd. is a comprehensive civilian enterprise. By adopting the moderately multi-strategy, the company has its businesses in metallurgy, steel, construction ornaments, mechanical processing and other fields. At present, the company boasts 9 subsidiaries, with total capital over RMB 2 billion, covering an area of 0.315 million square kilometers and construction area of 0.125 million square kilometers, and has around 4,500 employees. In 2005, its sales value has reached RMB 2.3 billion, paid taxes of RMB 0.26 billion, with the profits of RMB 0.2 billion. In July 2003, Jiangsu Jiangnan Industrial Group Co., Ltd. invested RMB 1 billion to establish Jiangsu Jiangnan Cold-Rolled Sheets Co., Ltd., covering an area of 108 mu and construction area of 25,000 square meters. It attaches great importance to environmental protection, extension