Invested and commenced construction of the Yangzhou Times Square in Yangzhou City of Jiangsu Province, China, a Shopping Mall with a total floor area of 68,800 square meters
Established WorldMetal Holdings Limited ("WorldMetal") in Hong Kong and run the internet trading portal WorldMetal.com for ferrous and non-ferrous metals trading
Established Switzerland Trading subsidiary in Zug
Achieved annual sales volume of Steel Trading over 1 million metric tons
1998
Taken over by existing controlling shareholder
Set up Representative Trading Offices in Beijing, China and Moscow, Russia
