Brief Introduction of Shandong Xiwang Group

Founded in 1986, Shandong Xiwang Group Co., Ltd. is a national large-scaled industrial enterprises with 5.7 billion yuan of total assets and more than 5000 staffs, and engaged in corn deep processing, heat and electricity, architecture, transportation, iron and steel and so on. The group could process 1,500,000 tons of corn every year, produce 1,000,000 tons of corn starch, 1,000,000 tons of crystallization dextrose monohydrate per year, 80,000 tons of lysine, 150,000 tons of corn oil, 200,000 tons of corn fiber fodder with high protein, 10,000 tons of yeasts, 80,000 tons of mineral water of Biyundong brand, 5000 tons serial white spirit of Fangong brand, and 500,000 tons of rolled steel. Its main products have entered into the international market and are sold to more than ten countries and regions in Asia, Europe, Africa and Australia. In 2005, the total output value of the group was 4.518 billion yuan, sales income was 4.515 billion yuan, profits tax was 389 million yuan and foreign exchange income was 32,480,000 yuan. Compared with 2004, they have increased 62%, 63%, 63% and 361%.
On December 9, 2005, Xiwang Sugar Holdings Company Limited came into the stock market in Hong Kong bourse successfully. This is the only red chip of Shandong Province. The enterprise financed 0.61 billion Hong Kong dollar. On that day, Xiwang Sugar Holdings Company Limited became one of the most active ten stocks.
Shandong Xiwang Imp.&Exp. Trade Co., LTD is one part of Xiwang Group. It is responsible for marketing of all products of Xiwang Group. We look forward to cooperate with all business partners.
Thanks!

Waiqiang Lee
Sales Manager
Xiwang Group Co., LTD
Tel: 0086-543-4611296
Fax:0086-543-4616010
E-mail:xxxxx