Business description

Henan Ruishi Investment Group Co., Ltd., formerly known as Yichuan

Ruishi Abrasives Co., Ltd., was founded in 1992 - The company mainly

produces all kinds of abrasives, special refractories and metallurgical

materials.

After nearly 20 years of rapid development, the company has

developed into a stock holding company with seven wholly owned

subsidiaries, including a bauxite calcination plant, a smelter plant, a

sand making plant, a new energy solar powered wire cutting plant, a

renewable resource company, and an international trading company.

The

company has the rights for import and export; it is also one of the top

100 export bases in Henan Province.

The production base of the group

covers an area of 440 mu.

It has 350 employees, and a registered capital

of 72 million yuan; it is equipped with six domestic first class large

scale 3600KVA/360KVA high temperature furnaces, and six automatic Barmac

production lines; in order to ensure the stability of raw materials, the

company built 4 shaft kilns, to be dedicated to firing first grade

alumina blocks used for smelting, which has an annual production

capacity of up to 150, 000 tons.

The new type energy saving composite

corundum developed by the company has a production capacity that ranks

first in the industry worldwide.

The products took the lead in the

industry in passing the ISO9001: 2000 Quality Management System

certification, which are exported to more than 20 countries and regions,

including the United States, Russia, Japan, and Korea.

In 2010, the

total assets of the Group reached 159.09 million yuan; the sales income

was up to 256.33 million yuan, and the taxes amounted to 24.93 million

yuan, having created good social and economic benefits and made

outstanding contributions to the society.