Li Anze, secretary of Xinyu Committee of CPC, met Xie Baojun, Chairman of the board of Henan Hengxing Science Co., Ltd on October 9. Both sides made the discuss on strengthening the cooperation.
Established in 1995, Henan Hengxing Science Co., Ltd. is one of the largest manufacturers of Galvanized (Zinc-coated) Steel Wire, Stranded Steel Wire and Steel Cord in China. Located in Gongyi city, Henan Province, the company covers more than 400,000 square meters (100 acre) with fixed asset more than USD220 million. In 2007, Hengxing Science Co., Ltd. was listed on the stock market with four wholly owned subsidiaries. The annual avenue of 2008 reached about USD 200 million.
Hengxing Science Co., Ltd. mainly produces steel cord used to make meridian tire, steel wire for rubber tube, galvanized (zinc plating) steel wire and stranded wire, zinc-5%aluminum-rare earth alloyed steel wire as well as stranded wire, reinforcement stranded wire and prestressed concrete wire(P.C. wire) with the Hengxing brand. Those products are widely applied to radial tire, rubber tube, electric power cable, overhead power transmission line, express way, high-speed railway, elevated highway bridges and other industries. Hengxing Science Co., Ltd. with an annual output of 40,000 tons of steel cord, 200,000 tons of galvanized steel and 150,000 tons of P.C. wire is capable of producing 5 kinds of products in different specifications.
Li Anze pointed that LDK Solar Co.Ltd., the largest production base of solar silicon cells in the world was founded in Xinyu, and Xinyu has reformed the relatively complete manufacturing system from silicon- silicon chip-battery-components- PV power station.