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INTRODUCTION

Jiangsu Huahong Technology Stock Co., Ltd. (Soochow Baling Machinery Ltd.) is professional manufacturer of recycling equipment for renewable resources, which was named as “Major High-and-new-tech Enterprise, State Torch Program”. It was listed on the Shenzhen Stock Exchange on Dec 20, 2011 (stock code: 002645.SZ), and have 3 branches wholly or majority owned. It is vice chairman unit of CAMU (China Association of Metalscrap Utilization), CRRA (China National Resources Recycling Association), CRRA (China Resources Recycling Association), and member of ISRI (Institute of Scrap Recycling Industries Inc.) & BMR (Bureau of Middle East Recycling).

Huahong have ever been devoted to be the world-class manufacturer & service provider in the field of recycling machinery, and to contribute to the building of a resource saving & environmentally friendly society. We mainly produce scrap metal balers & shears, scrap shredder lines, various nonmetal balers & compactors, scrap auto dismantling equipment, etc. The products are applied in different fields & industries, such as National Recycling Economical Parks, National Urban Minerals Demonstration Bases, ferrous nonferrous enterprises, scrap steel processing & distribution centers, municipal waste stations, etc. Widely approved & praised by the customers from different industries, the market coverage rate is achieved. After efforts of more than 20 years, the company has grown into a reputed enterprise and a large scale production base of complete set of recycling equipment.

Huahong focused on and kept promoting technical innovation, R&D, standardized manufacture, construction & investment on sales network. Up to now, have been achieved the following:

Technical department has “3 stations & 2 centers”, i.e. state-level postdoctoral workstation, academician workstation, enterprise postgraduate workstation, Jiangsu Hydraulic Engineering Technology Research Center, Jiangsu Certified Enterprise Technical Center. The company participated in the formulation & revision of 5 main industrial standards organized by MIIT (the Ministry of Industry & Information Technology), and kept working on R&D of new products, improvement on manufacturing techniques, innovation & project reservation based on customer requirements and new trend of industry. Up to now, the company owns 74 patents; the project of “Research on Complete Set of Equipment & Key Technology for Scrap Auto Dismantling & Recycling” is listed among “Projects of Transformation of Scientific & Technological Achievements - Jiangsu”, 16 more relative patents are under declaration & investigation.

Production department executes complete quality control and chain management. We have more than 300 sets of large-scaled high-precision NC production equipment, sophisticated testing instruments, and adequate inspection methods. The annual production capacity: 4200 sets of different machines.

Sales department have accomplished full coverage of China local market and respond quickly to customer need. Meanwhile we provide quality products & efficient services for over 60 countries & regions. Sales & service team grasp customer demand for products and for operation, take advantage of technical superiority and rich experiences, provide efficient solutions and comprehensive assistance to both local and foreign customers in recycling industries.

Looking forward to the future with high ambition, Huahong will stick to the motto “innovation the guide, service the goal, market value the core”, will strive persistently to win the trust & support of customers, and contribute more and more to the recycling economy.