Brief introduction of Xinhua United Metallurgical Investment Group Co., Ltd.

Xinhua Metallurgical Holdings Hebei Zongheng Iron and Steel Group Co., Ltd. and Cangzhou China Railway Equipment Manufacturing Materials Co., Ltd., two major steel joint ventures, covering an area of10.5 million mu. By the end of 2009, the Group had10.3 million employees, with the highest equipment level in China and the top three private metallurgical enterprises. At present, it is the largest hot-rolled medium and wide strip manufacturer in China. By the end of February 2009, the total assets of Xinhua United Group exceeded 25 billion.

According to the evaluation of entrepreneurs' associations in china enterprise confederation and China, the Group ranks 255th among the top 500 Chinese enterprises in 20 10 and 27th among the top 500 manufacturing enterprises in China. The Group will continue to enhance the core competitiveness of the main iron and steel industry, actively expand the scale of fine products production, moderately participate in mergers and acquisitions, accelerate the development of diversified industries, and realize the sustained and healthy development of producer services. In 20 13, it ranked 20th among the top 500 private enterprises selected by the All-China Federation of Industry and Commerce.