Zhejiang Hanggang Sure Gem Energy Co., Ltd.

Hangzhou Hanggang Foreign Economic Relations and Trade Co., Ltd.(abbr.HGFT), a state-owned subsidiary of Hangzhou Iron and Steel Croup Company(HISGC), is established in May, ***8, approved by Ministry of Foreign Trade and Economic Corporation, PRC, who has now possessed two subsidiaries, Ningbo Bonded Area Hanggang Foreign Trade Development Company and Zhejiang Provincial Fluorite and Mineral Company, Ltd. HGFT currently covers such six branches as iron ore, metal material, nonferrous metal, scrap steel, chemical products and timber, and also four business departments as steel products, machinery and electrical equipments, fluorite and minerals, Ningbo managing department , etc. 　　The major business of HGFT includes iron ore, Manganese minerals, fluorite minerals, ferrous and nonferrous steel, ferroalloy products, steel scrap; and also chemical materials, timber, and machinery and electrical equipments. 　　HGFT develops in both domestic and international market, implementing multi-dimensional, multi-mode and cross-industry business strategy, with its business area covering all over the country, and has built long term and stable cooperation relationship with world famous suppliers, sales agents and manufacturers from Europe, United States, Australia, Africa, Southeast Asia, Japan, Korea and Taiwan area. 　　Supported by HISGC, HGFT greatly promotes enterprise spirit "explore, create, develop with Hanggang spirit"; insists on enterprise mission "establishing in Hanggang, facing the world, being large and strong, developing continuously"; adheres to business idea " honesty and two-win, seeking perfection". Through ten years' effort, the annual turnover of HGFT has exceeded RMB 8 billion yuan, with importing and exporting trade volume over one billion US dollars, and be honored with Class A Company by China Customs. In ***7, HGFT ranks the top three foreign trade companies of Hangzhou city and wins the " Golden Dragon reward "set especially for foreign trade company. In ***8, HGFT is rewarded as social responsibility construction advanced enterprise by Hangzhou municipal government. In ***8, HGFT ranks the **1st among the top **0 China foreign trade enterprises. HGFT is the door of HISGC to international business , and also the major international trade enterprise in Zhejiang Province. 　　Development objectives of HGFT: develop broadly and powerfully the raw materials and fuels resource products dominated by iron ore simultaneously including ferrous and nonferrous steel, scrap steel, chemical raw materials, timer, etc.; form an integrated business system covering importing and exporting, domestic trading, processing, logistics and be one of the most competitive, powerful, and comprehensive foreign trade companies in Zhejiang province.