Zhejiang Hengming Imp. & Exp. Co., Ltd. is an international trading corporation with a strong industrial background. In 2005, our annual trading volume stood at more than 50 million US dollars. Up to date, our major business includes: 1) Import of Scrap Metal; Export of Garden Furniture, Gifts & Crafts, Light Industrial Products, Textiles and Leather Products, Metal Products, Machine and Instruments, etc. 2) Disassembling, Reusing, Recycling and Transmaterialization of scrap metal 3) Trading of Steam Coals Correspondingly, we have the following subsidiaries or major holdings of the following corporations: I) Hengbang International Trading Co., Ltd., Shanghai Located at Pudong Lujiazui Financial Center, Downtown Shanghai, focusing on import and export trading. II) Metal Branch Featuring in scrap metal reusing, recycling and transmaterialization. Accredited and licensed by State Environmental Protection Administration (SEPA), it has an established facility for metal disassembly, reuse and recycling with the annual processing capacity of 50,000 tons. III) Hengbang Coal Trade Co., Ltd. Jingjiang, Jiangsu Province Featuring in trading of steam coals IV) Linhai Leisure Products Co., Ltd., Zhejiang Province A professional garden furniture and furnishing supplier.