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Evolution
 
   

 Establishment Meeting

    The company held its establishment meeting on March 24, 2003 after tense preparation. It was decided at the meeting to found Anhui Tianyuan Technology Co., Ltd. and the members of the 1st board of directors and the 1st supervisory committee were elected. On the same day, the 1st session of both the board of directors and the supervisory committee were held. Mr. Wang Yunmin was elected as chairman of the board, Mr. Hong Shisheng, as general manager, Ms. Sun Jianhua as chairman of the supervisory committee, and Ms. Cai Xia as secretary of the board.

 
     
   Ceremony of Nameplate Hanging  
 

    on March 28, a sunshine day, the ceremony of the nameplate hanging of Anhui Tianyuan Technology Co., Ltd was held in Maanshan Insititute of Mining Research. Mr Wang Weigang, assistant to the president of SinoSteel Group extended, on behalf of SinoSteel Group, warm congratulation on its establishment. Mr. Ding Haizhong, Mayor of Maanshan City,on behalf of the city government, placed high hopes on the company’s growth in strength in his congratulation speech. Mr. Wang Yunmin, the chairman of board and Mr. Hong Shisheng, general manager, both spoke at the meeting, paying heartful thanks to the great support from SinoSteel Group, both city communist party committee and government and various departments under them, and depicting the magnificent blueprint of the company’s future development. Mr. Zheng Mumin, the secretary of municipal party committee and Mr. Wang Weigang dropped the silk from the company’s nameplate.

     
 Establishment of Tianyuan Technology Tongli Magnetic Material Co., Ltd

    It is a subsidiary of Anhui Tianyuan Technology Co., Ltd, which is a joint venture between Anhui Tianyuan Technology Co., Ltd and Maanshan Economy and Trade Development Co., Ltd and was established on Oct. 18, 2002. with the former holding 80% interest.
    The establishement of Tongli Co. which majors in magnetic elements manufacture has helped form the Tianyuan’s industrial chain of magnetic technology-soft and hard magnetic materials-magnetic elements-magnetic separation equipment and its related equipment and become an important ring in the chain.

 Ceremony of Foundation Laying

     On June 18, 2003, the company’s magnetic material base in Maanshan Economic and Technological Development Zone started its construction. There were altogether over 200 people attended the ceremony of foundation laying. Present at the ceremony were Ding Haizhong, the secretary of municipal party committee, Yao Yuzhou, the mayor, and responsiple persons from various departments of city government, and leaders, workers and staff members of Maanshan Institute of Mining Research and Tianyuan Co.

 

 

 


   
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