About TIANGONG INT'L Company

Tiangong International Co., Ltd., the largest comprehensive high-speed steel and high-speed steel cutting tool manufacturer in China, was listed on the Hong Kong Stock Exchange Limited on July 26, 2007. The company has been the largest high-speed steel manufacturer in the country for seven consecutive years since 2001, and has been the largest high-speed steel exporter in China for three consecutive years since 2005. At the same time, it was also the most profitable manufacturer and exporter of high-speed steel cutting tools in 2007. The company's main business is the production of high speed steel, high speed steel cutting tools and die steel. High-speed steel is a type of special steel. Due to its diversity and specialization, it is widely used in various industries, such as aviation, automobiles, high-speed trains, and petrochemical industries. Other applications such as machinery, automobile manufacturing, construction, decoration, agriculture and household use are also applications for high-speed steel cutting tools. Strive to create ingenious craftsmanship Tiangong International Co., Ltd. (“Tiangong International” or the “Group”) is the largest comprehensive manufacturer of high-speed steel and high-speed steel cutting tools in China. In 2005 and 2007, the Group also became the largest high speed steel exporter in China. Established in Danyang City, Jiangsu Province, China, Tiangong International continues to grow and has become a large-scale enterprise with a design output of 40,000 tons of high-speed steel and 390 million pieces of high-speed steel cutting tools per year. After more than 20 years of continuous struggle, and with the Tiangong spirit of “unity and hard work, seeking truth and pragmatism, daring to compete, and winning ingenuity”, the group has won a leading position in the industry. Today, Tiangong International has become a well-known brand for high speed steel and high speed steel cutting tools. Vertically-integrated scale production The Group's huge plant is located in Danyang City, Jiangsu Province, with 52 high-speed steel production plants with a total area of 76,610 square meters, 39 high-speed steel cutting tool production plants with a total area of 49,146.28 square meters, and 5 mold steel production plants with a total area of 63,280 square meters. Large-scale production facilities and a vertically integrated business model have enabled the Group to steadily occupy a leading position in the industry. In 2007, in terms of revenue, Tiangong International was China's largest high speed steel cutting tool exporter. Export revenue in that year accounted for more than 15% of China's total export revenue for twist drills. The vertically integrated business model allows the Group to effectively use its production capacity and can recycle high speed steel waste and other waste, which is beneficial to environmental protection and reducing production costs. Strategic sales and perfect service The Group is a leading manufacturer of high speed steel and high speed steel cutting tools with a strategic sales network. The Group's high-speed steel retail and customer service branches are located in Harbin, Chongqing and Guiyang, respectively, while independent resellers are located in Shanghai, Zhejiang and Xi'an, respectively. Furthermore, the Group provides customers with high-quality pre-sales and after-sales services, which effectively enhances customer confidence and loyalty to the Group. The Group's high-speed steel cutting tool products are exported to more than 160 internationally renowned tool manufacturers and retailers in more than 35 countries around the world, and the brand and production quality are widely recognized internationally. Cutting-Edge Technology Focuses on R&D Technology is changing rapidly, and Tiangong International is committed to developing new technologies and products to meet the needs of the market and customers. In addition to having obtained national patents for 27 products, the Group has organized a research and development team composed of 26 dedicated personnel to develop new production technology, improve existing production levels, and develop new products. The group also formed a research alliance with the General Iron and Steel Research Institute, Southeast University, Nanjing University of Science and Technology, and Jiangsu University to bring together the directors of various companies to conduct joint research to further improve production quality and quantity, reduce production costs, and enhance the overall competitiveness of the group. Strict quality control of high-quality products Tiangong International believes that high-quality products are the key to maintaining long-lasting and stable customer relationships. Therefore, the Group has always focused on strictly monitoring product quality to ensure stable production quality and meet the requirements of the industry and customers. The Group was awarded the “China Famous Trademark” and awarded the title of “China Famous Brand Product” in 2006. The Group implements quality control in accordance with the ISO 9001:2000 certification standard. In addition to sample inspection and testing of incoming raw materials and irregular physical and chemical analysis and testing of semi-finished products in each production process, the Group strives to ensure that every product shipped to customers meets domestic and international quality standards. Excellent management makes the future success of Tiangong International all depends on its experienced and professional management team. They all have extensive industry knowledge and business operation experience, and have an average of more than ten years of industry experience. The Group is convinced that based on the management philosophy of “everything starts with honesty”, Tiangong International will win the trust of domestic and foreign customers and bring the Group's business to a higher peak. Vast business opportunities, unlimited development With its strong advantages, the Group will strive to consolidate its current market leadership position, enhance existing production technology and develop new product categories to produce high-quality and high-profit products, and further expand its production scale and market share. The entire group will work together to promote the Tiangong spirit, with the goal of “building a century-old Tiangong and creating a well-known brand”. Infinite domestic and international development prospects will lead the industry to vigorous growth space. The Group is convinced that with strong strength and unremitting efforts, Tiangong International will take a new step forward and create a brighter future. Tiangong International - China's leading manufacturer of high speed steel, die steel and high speed steel cutting tools. With its leading position in the industry, the Group will continue to grow at the rate of growth over the past year. We are committed to being specialized, refined, excellent and strong, to build Tiangong's internationally renowned brand, and determined to become the world's leading manufacturer of tools and special steels.