Peiyang Chemical Equipment Co., Ltd. is also known as the share holder of Tianjin University (A.K.A. Beiyang University) which is the first educational institution of higher learning in China. As a key university of engineering integrated with Science, Tianjin University plays a leading role in the research and industrial application of mass transfer fields, especially in distillation, absorption and so on. After decades of endeavor in these fields, Tianjin University has gained several key patents included by the National Plan of Highly Efficient Packed Column Technologies in distillation field. By the end of 2007, we had had an overall asset of 110,000,000 RMB, an overall production value equal to 170,000,000 RMB and a sales revenue exceeding 150,000,000 RMB. Our manufacture plant is located in Tianjin University Industrial Area of Jinhai Developing District with an area reaching 20500sqm.