November 21, 2008

Jianlong aims at CNY 7.3 billion revenue in 2008

It is reported that the production value of Heilongjiang Jianlong steel company reached CNY 4.5 billion in 2007 and the development of the company also boosts the large increase of the economy in Shuangyashan, where the iron ore resources are abundant.

In 2008, Jianlong steel plans to invest more than CNY 1 billion to finished eight projects including the No 2 sinter and the 0.2 million tonnes of seamless steel pipes. Then the prime operating revenue will reach CNY 7.3 billion and the tax CNY 350 million.