|888|| Tianjin Port Bonded Zone Hongfa International Trade Co., Ltd. is a wholly-owned subsidiary of Tianjin Hongfa Investment Group Co., Ltd. established in 1992 with a registered capital of RMB 280 million. It has over 30 employees, and is engaged in the import and export of waste and old materials such as minerals, chemicals, sulfur and waste copper wires, as well as fuel oil and LNG. |
Since its inception, the company has cooperated extensively with overseas steel plants, mines, oil refineries and LNG suppliers and traders, successfully going international by integrating all resources available.
| The company has become leading among its domestic peers. It is estimated that its annual import of iron ores will reach 1.36 million tons, that of nickel ores will reach 2 million tons, and that of fuel oil will reach 3 million tons; its annual volume of trade will reach USD 2.13 billion. |
As the global output of copper ores is limited, Hongfa International Trade Co., Ltd. established Tianjin Jincancan International Trade Co., Ltd. and South Korean based Jincancan Co., Ltd. to launch a project to recycle nonferrous scrap metals. Established last year, the project has been able to process 20,000-30,000 tons of scrap metals, with an output value of over RMB one billion.
Thecompany’s businesses include import, domestic sale, port services and freight,providing customers with one-stop services. Stable supply of quality goods isensured through long-term supply agreements with world-renowned suppliers ofiron and nickel ores and fuel oil. In terms of downstream sale, the companyboasts a sound marketing system covering steel plants, oil refineries andtraders in Tianjin, Hebei, Shanxi and Shandong, and reaching South China andNortheast China. We import foreign scarce resouces that are demanded in China,which will save user cost, satisfy their demands and be beneficial for natioanlresouces and energy. Currently, we are developing and expanding our salesmarket with our large asset scale and strong marketing ability, increasing ourprofit growth points and enlarging our scale, and becoming one of the strongesttrading companies in Tianjin.
| The company will invest in overseas mines and establish a trade chain integrating production, transportation and sale to maintain sustainable development and continue to provide customers with all-round, meticulous services. |
TEL：022-25295588-644（Iron ore powder 、Electrolytic copper ）