Subsidiaries

We have six subsidiaries in total, and the following paragraphs give brief introductions of them.

1. Shanghai Junbo Steel Processing Co., Ltd.
Junbo Steel Processing came into existence in December, 2008, and it takes up an area of 17279 square meters including 11000 square meters of workshop. With a registered capital of 10 million CNY and a total investment of over 60 million CNY, this joint-stock private enterprise is specialized in steel processing, storage and delivery services.

Our company pays special attention to cold rolled steel, galvanized steel and galvalume steel that are applied for cars or electrical cabinet. On the basis of excellent processing equipment, professional ERP system and modern management concept, Junbo is on the way of being a leading enterprise in this field.

This subsidiary has got several awards since its foundation, such as 2010 Top 100 Steel Traders in China, 2009 Top 100 Steel Traders in China, 2008 Top 50 Steel Traders in Shanghai, 2008 Top 20 Steel Plate Traders in Shanghai, etc.

2. Shanghai Shunsheng Steel Materials Co., Ltd.
Shunsheng Steel Materials is the strategic cooperative partner of China Construction Fifth Engineering Division Corp., Ltd. It mainly provides rebar and round steel, and the annual output is 200,000 tons. Its products are used in many constructions, such as Hefei Binhu Times Square, Tianjin Metropolis Project, the office building for China Petroleum Engineering Southwest Company, etc.

3. Shanghai Shunye Pre-Painted Steel Sheets Co., Ltd.
Shunye Pre-Painted Steel Sheets is mainly focused on common galvanized steel, hot-dipped galvanized steel (for constructions), electro-galvanized steel (for air conditioners and other home appliances), electro-galvanized fingerprint resistant steel, and other pre-painted steel products. The monthly sales volume is 15,000 tons, and the total amount of in stock products is also 15,000 tons while 90% of them are stored in the indoor warehouse in Baoshan district, Shanghai. Additionally, customers could pick up the product at any time of a day.

4. Shanghai Shunweichang Steel Distribution Co., Ltd.
As the name implies, this subsidiary is a logistics enterprise that is dedicated to providing steel distribution service, and it was set up in 2010 with the registered capital of 10 million CNY. It is aimed at supplying sincere service and reducing the procurement cost by cutting down the logistics cost. We have built up a professional team to fulfill this purpose, and here are some advantages of this team.
a. In average, the members have over ten years of experience in managing steel distribution jobs.
b. Our team once operated the metal distribution center in East China for a transnational distribution enterprise, gaining precious experience.
c. Our clients include many high-end enterprises, so we completely know what customers want and how to meet these requirements.
d. We are familiar with standards for steel industry in different countries, so we can offer professional advice.
e. We can grasp the pulse of steel market worldwide, and our suggestions could help customers cut down the cost as well as lower the market risk.

5. Shanghai Shunju Steel Materials Co., Ltd.
Shunju Steel Materials is concentrated on the production and trade of nonferrous metal minerals, and it mainly provides hot rolled steel coil, low alloy steel, ship plate, automotive steel, etc. Its registered capital is only 1 million CNY, but it has become a well reputed enterprise now.

6. Wuxi Shunye Steel Processing Co., Ltd.
The Zhangjiagang branch locates in Room 402, Wangxin Building, No.8, North Zhenxing Road, Zhangjiagang City, Jiangsu Province, China. It is mainly focused on the sales of galvanized steel coil, galvanized steel sheet, cold rolled steel coil, cold rolled steel sheet and many other steel products.

    Shanghai Shunye Steel Processing Co., Ltd.
    Add.: 2F, Merchants Building, No.1588, Youyi Road, Baoshan District, Shanghai, P.R.China
    Tel.: +86-21-51678259
    Fax: +86-21-51266827