The bloom in the China manufacturing industries has led to a continuous surge in the demand in the high value-added precision steel coils, special clad steel plates and steel pipes of various sizes. Apart from the two processing plants in Guangdong Province in China, the Group formed a joint venture with Maanshan Iron & Steel Company Limited ("Ma Steel", HKSE stock code: 323) in Yangzhou of Jiangsu Province, China in 2006. The joint venture involves not only in the slitting and levelling of quality steel, but also in the warehousing and logistics business. With the stable supply of raw materials from Ma Steel and its prominent brand, the sound governance and its privileged customer base, the business of the joint venture company has been growing satisfactorily.
| Dongguan Hing Wah Metals Factory Limited |
| Location |
Dongguan of Guangdong Province, China |
| Commencement Date |
1995 |
| Site Area |
33,040 sq. meters |
| Factory Area |
16,000 sq. meters |
| Business |
Making of Cold Rolled, Hot Rolled and Hot-dip Galvanized High Frequency Welding Steel pipes in small/medium diameters and cutting of Hot Rolled Steel Coils etc. |
| Production Capacity |
120,000 metric tons / year |
| ISO Accreditation |
ISO9001:2000, awarded in 2002 |
| Product Application |
Baby Trolley, Home Furniture, Sporting Equipment, Decorative Lighting, Bicycle, Suitcase, Steel Frame for Tent, etc. |
| Equipment |
More than 15 Steel Pipe Production Lines and Slitting Lines |
   

| Burwill Coil Centre (Dongguan) Limited |
| Location |
Dongguan of Guangdong Province, China |
| Commencement Date |
2003 |
| Site Area |
Over 30,000 sq. meters |
| Factory Area |
7,400 sq. meters |
| Business |
Slitting and Levelling of Electro-galvanized Steel Coils, Hot-Dip Galvanized Steel Coils, Cold Rolled Steel Coils, Hot-Dip Aluminium coated Steel Coils and Silicon Steel Coils etc. |
| Production Capacity |
100,000 metric tons / year |
| ISO Accreditation |
ISO9001:2000, awarded in 2004 |
| Equipment |
Imported High-Precision and High Speed Slitting Lines, Cut-to-Length Lines and Automatic Packaging Machines |
   

| Masteel (Yangzhou) Processing and Distribution Co., Ltd. |
| Location |
Yangzhou of Jiangsu Province, China |
| Commencement Date |
2005 |
| Site Area |
133,000 sq. meters |
| Factory Area |
31,000 sq. meters |
| Business |
Slitting and Levelling of all types of superb quality steel coils with Warehousing and Logistic businesses |
| Production Capacity |
600,000 metric tons / year |
| Equipment |
Imported High-Precision and High Speed Machines including Slitting Lines for 1.85 meters width coil and Cut-to-Length Lines |
   

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