Brief introduction of Wa Lericque mannesmann Group

Valerick Group of France is one of the largest steel pipe manufacturers in the world, with 45 production bases in 10 countries and more than18,000 employees. Its products are used in petroleum, natural gas, electric power, automobile, machinery and other industries. In 2006, the group's sales reached 5.54 billion euros, a year-on-year increase of 28.7%. Since 1996, Walurik Group has invested and set up its first company in Changzhou High-tech Zone. During the period of 1 1, Walurik Group invested and set up four companies in Changzhou High-tech Zone with a total investment of 65,438+170,000 USD.

The four companies are:

(1) Changzhou Farino Great Wall Welded Pipe Co., Ltd.

1996, attracted by the strong demand for electricity in China market, Valentino Welding, a subsidiary of Valerick Group, and its foreign partners, Valentino Asia and Changzhou Great Wall Stainless Steel Pipe Factory, jointly established Changzhou Valentino Great Wall Welded Pipe Co., Ltd. In 2000, the company was changed from a joint venture to a French-owned enterprise, and the investor was Valtimet, a subsidiary of Valerick Group, a world-renowned professional manufacturer of titanium welded pipes, stainless welded pipes and copper alloy welded pipes. In 2007, Changzhou Farinaud Great Wall Welded Pipe Co., Ltd. increased its registered capital by US$ 2.763 million. The company has a total investment of USD 22.76 million and more than 60 employees/kloc-0. The company is engaged in the production of stainless steel pipes, titanium pipes, turbine parts and mechanical parts, and the maintenance, inspection and after-sales service of metal pipes.

(2) Warwick mannesmann Seamless Steel Pipe (Changzhou) Co., Ltd.

Warwick mannesmann Seamless Steel Tube (Changzhou) Co., Ltd. is an investment institution of Warwick mannesmann Steel Tube Group (V&). Varurek mannesmann Steel Pipe Group is a subsidiary of Varurek Group and the largest seamless hot rolled steel pipe manufacturer in the world. The development of V & ampM in China can be traced back to more than one hundred years ago. Valerick mannesmann Seamless Steel Pipe (Changzhou) Co., Ltd. was established in 2005 with a total investment of 37 million US dollars. The company is engaged in the development, design and production of main components and special seamless steel pipes for rolling stock. The company was officially put into production in 2006, with 700 employees.

(3) Wam (Changzhou) Oil and Gas Exploration and Development Special Equipment Co., Ltd.

Wam (Changzhou) Oil&Gas Exploration and Development Special Equipment Co., Ltd. was formally established at the end of September, 2006. It belongs to Wam Holdings Hong Kong Co., Ltd., with a total investment of about 60 million US dollars, specializing in the design and manufacture of new instruments and equipment for oil exploration and development. In June 2007, the company successfully completed the factory construction and put it into production.

Changzhou Kerry Farinaud Automobile Parts Co., Ltd.

Changzhou Kerry Farinaud Auto Parts Co., Ltd. was established in February 2006. Is a joint venture between Valtimet and Changzhou Farinaud Great Wall Welded Pipe Co., Ltd., with a total investment of $654.38+0.25 million, engaged in the production of emission control devices for stainless steel engines.