Legal representative

Wang Pingsheng

Registered capital

RMB155.86 yuan

Address

Huangchang Road, Chaoyang District, Beijing, China

Scope of business

Production of cylinders, accumulators, pressure vessels and associated equipment, accessories, extinguishers, extinguishing system products and accessories, cylinders for medical use, cylinders for lifesaving appliance, cylinders for gas automobiles, winding cylinders and their fittings, special containers of air reserved type, clustering unit, cylinder and fittings for food machinery as well as the installation, shakedown test, maintenance, technical consultation, services and sales of our products.

Outline of enterprise

Beijing Tianhai Industrial Co. Ltd. is a Sino-foreign joint venture enterprise with total investment of 30 million USD.

The company has the qualification to design and manufacture pressure vessels of B1, B2, B3, A1, D2 Classes, which are widely used in chemical industry, fire fighting, petroleum, energy, urban construction, food industry, metallurgy, machinery, electronics, aerospace, nuclear utilization and scientific research departments. Several of our products are honored as the outstanding products at state, ministerial or municipal level.

Our company has ranked the first in the same trade in China for successive 9 years in respect of the economic index. In 2002, it was repeatedly recommend as one of "500 Tops of China Machinery" and "100 Tops of Core Competitive Enterprise" and it is also one of 100 tops of Beijing large and medium-sized enterprise regarding general economic returns.

Equity mix

Sequence number

Shareholder 1

Shareholder 2

Name of shareholder

Chinese side

Korean side

Ratio of shares

65%

35%

Personnel composition

Staff: 108;  Technician£º29  Production personnel and others£º750

Infrastructure

Space area: 80000 m²

Construction area: 41000 m²

Operation performance

Total output in 2003 was 0.8 million pieces with sales of RMB 0.35 billion yuan

The target output in 2004 shall be 1.2 million pieces with sales of RMB 0.5 billion yuan

Main products and their market competitive power

High-pressure cylinders are produced in accordance with

Chinese national standards, DOT and TC, which are at world advance level.

Winding cylinders, low-temperature cylinders, acetylene cylinders and accumulator shells are designed and manufactures with imported foreign advanced technology, which are at leading level in China.

Advantages for development

The "Tianhai" brand of the company has reputation both at home and abroad and the products have different patents and have obtained several international certifications. The products are exported to over 30 countries and regions and they are commended as "Beijing famous brand product" and "China's accepted famous product", which has been ranked the first in the same trade for successively 9 years.

Cooperation intention

We would like to provide quality products and services to auto manufacturers both at home and abroad to open up mutual bright future.

Contact

Person to contact

Yan Zhongkai

Tel

(86-10)6736-4073-21

Enterprise website

www.btic.cn

E­mail

world@btic.cn