Facing the fact sustainable energy supply is vital to national economy development and the constant decrease of fossil energy reserve, what’s more, thermal power generation and nuclear power accounts for most percent of supply, whereas the supply of special steel pipes for these power plants is monopolized by foreign countries. Facing the enormous nuclear power market and thermal power market, it’s a rare opportunity for our company which specializes in high temperature, high pressure and high alloy steel pipe. Bohai has decided to invest 2 billion RMB in annual output of 100,000 tons of new large-diameter high-pressure alloy pipe project and 500 thousand tons special steel casting & forging project. This project started on March 18, 2008.It will soon go into production. The second stage of the project is in progress. This project is listed on the agenda of Hebei province and Cangzhou municipal government as a key development program. CNPC has exclusively laid a natural gas pipeline for this project; State Grid and Hebei Power Company have exclusively constructed an 110kv substation. We have increased our plant area from the original 4666 acres to more than 8000 acres, in the mean time, we plan to erect more workshops and increase equipments. CMFI, MCC, TISCO, Taiyuan heavy machinery Group, SIEMAG of SMS group, DANIELI, SIEMENS VAI and so on have participated in the construction of this project. The production line is composed of 0.3 million ton special steel refining equipment, 12.5 thousand ton fast forging hydraulic press set, 60 thousand ton backward piping extruder, 120 ton ESR and tooling machines. The special steel materials mainly refer to HT&HP alloy steel and pipe, blocker and forging cast necessary for thermal and nuclear power plant. The workshops are being erected by Hebei Fourth Construction Company; Shanghai Bao Steel Group is in charge of the installation work. Our plants are advantageously located. The transportation of sea, road and air are all in a short distance of reach. It’s a prosperous area of national rated development zone “Bohai New Zones”. The 3 branch plants are closely located on both sides of the national road 283.Mill areas last more than 2000m along the road, with lights lighting and traffics flowing. Adapting to the trend of cooperation and union between strong enterprises from domestic and overseas, Bohai is willing to welcome peers, powerful corporation and investment company working together, joint-stock, joint venture, etc., joined efforts in developing nuclear power market and thermal power market in domestic and overseas. Bohai Heavy Industry is growing everyday and until now have no liabilities. We sincerely welcome all the major companies from domestic and overseas to pay a site visit for business negotiation and cooperation. The cooperation can be varied, including talents, equipment, stock right and funds, etc, thus achieve the mutual benefit and double wins, heading for a brilliant future together.