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Name of Project : Steel wire of high pressure rubber pipe

Company: The First metal works of Tianjin

Total Investment: 20 million USD

Business form: Joint venture

Contribution proportion: Chinese investors own 55% shares,

Overseas investors own 45% shares

Investment Recovery Time: 6 years

Contact Address: No.57, Changde Avenue, Heping District, Tianjin

Contact Person: Liu Yueying

Tel: 86-22-23397770

Fax: 86-22-23397770

Email: tjmi@sina.com

Marketing prediction:

The steel wire for high-pressure rubber pipe was the output along with the rapid development of hydraulic pressure mechanism in the mechanical industry, coal industry, traffic, and automobile industry. This kind of wire can be used as a framework material of high-pressure rubber pipe. The production of steel wires for high-pressure rubber pipe manufacture is in small quantity in China. At present, the annual market demand is 14000~16000 tons. The production capacity is only 7000 tons per year at home, and most of the factories who produce such wires are located in the south of Changjiang River, and very little in North China. Owing to the rapid development of automobile industry, especially the high- speed development of tyre industry throughout the country in recent years, the bevel tyres will be replaced by the meridian tyres gradually. Therefore the demand of framework material of tyres and tyre wires will be rising at high speed. It is estimated that the demand of tyre wires will reach 180000 tons after 2000, and market demand is very broad.

Brief Introduction of Chinese Partner:

The first metal Products Factory of Tianjin is the origin of metal products in Tianjin City and produces all variety of products from low carbon content to middle and high carbon content as well as alloy products. The fine steel wires is its most famous product, it produced the finest metal materials needed by state engineering and the scientific research for national defense, such as "863" space project and "two-missile and one-satellite". The Central Committee of the Communist Party of China, the State Council and the Defense Committee of the Communist Party of China praised it. There are our factory's products in Daqing ethylene engineering as well as in many major state engineering. The major products are the spring steel wires of media-high carbon content with diameter §¶0.3~5.0mm, tyre steel wires, zinc-planting steel wires and other steel wires, such as the steel wires of net fence, shed wires and so on, in our factory at present.

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