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development path

  

  On November 15, 1986, the first Sino-foreign joint venture in China’s metallurgical system jointly funded by Xinyu Iron & Steel Group Co., Ltd., Hongkong Weihua Metal Products Co., Ltd. and Jiangxi Province International Trust Investment Co., Ltd. ---Xinhua Metal Products Co., Ltd. was formally established.

 

  In 1987, Xinhua introduced a full set of production lines and technologies from the largest manufacturer of prestressed steel strand equipment in Europe—Italian READILY and French Aotiti to produce different specifications of low-relaxation prestressed steel strands according to internationally advanced standards.

 

  On July 19, 1988, the first prestressed steel strand with high strength and low relaxation was produced in Xinhua. After strict test by domestic and foreign users, quality of the product was confirmed fully reaching the highest standard of the United States and Britain and filling a domestic gap.

 

In 1988, Xinhua had its first steel strand production line.

 

In 1988, Xinhua had its first steel strand production line.

 

In 1989, Xinhua steel strands entered into European market.

 

In 1989, Xinhua steel strands entered into European market.

 

 

  In 1991, Xinhua’s income from export exceeded its total investment. Large construction projects in Germany, Norway, Australia and Southeast Asia, including bridge, LNG tank, etc., widely applied Xinhua products. PCI accepted Xinhua as the first member from Chinese Mainland.

 

In 1992, Xinhua started to produce low-relaxation prestressed steel strands.

 

In 1993, Xinhua started to produce unbonded prestressed steel strands.

 

In 1995, Xinhua won the first ISO9000 quality system certificate in the industry in China.

 

In 1995, Xinhua participated in the drafting and formulating Chinese national standard for steel strands.

 

  In 1996, Xnhua was renamed Xinhua Metal Products Holding Co., Ltd. after shareholding reform.

 

 In 1996, Xnhua was renamed Xinhua Metal Products Holding Co., Ltd. after shareholding reform.

 

In 1996, Xinhua was formally listed on Shanghai Stock Exchange and became the first listed company in the industry in China.

 

In 1996, Xinhua was formally listed on Shanghai Stock Exchange and became the first listed company in the industry in China.

 

In 1998, Xinhua’s aluminum-coated steel project constructed with the proceeds of IPO was put into normal operation.

 

 

In October 1999, Xinhua headquarters was settled in Xinyu Economic Development Zone.

 

In October 1999, Xinhua headquarters was settled in Xinyu Economic Development Zone.

 

In November 1999, Xinhua merged former Xingang Metal Products Co., Ltd. into Xinhua with allotment of shares.

 

In November 1999, Xinhua merged former Xingang Metal Products Co., Ltd. into Xinhua with allotment of shares.

 

In 2002,the 2nd steel strand lines introduced by Xinhua was formally put into operation, so  annual output of steel strands of the company reached 70,000t.

 

In 2004, phase-III project of aluminum-coated wire plant of Xinhua was completed, so annual output of aluminum-coated wire of the company reached 20,000t.

 

In 2005, 3rd and 4th steel strand production line of Xinhua were formally put into operation, so annual output of steel strands of the company reached 120,000t.

 

In 2005, Xinhua was authorized as Key High-tech Enterprise in China Torch Program by the Ministry of Science and Technology for the first time.

 

In 2006, annual sales volume of Xinhua reached one billion yuan (excluding tax) for the first time.

 

  America PTI certified that Xinhua passed PTI factory certification with high scores in March 2007; and the company became one of the first manufacturers getting “prestressed steel strand” certification of the association in the world in May the same year.

 

  Xinhua passed PTI factory certification with high scores in March 2007 and became one of the first manufacturers getting “prestressed steel strand” certification of the association in the world in May the same year.

 

In November 2007, Xinhua completed the private placement for Xinyu Iron & Steel and was renamed Jiangxi Xinhua Metal Products Co., Ltd.

 

In November 2007, Xinhua completed the private placement for Xinyu Iron & Steel and was renamed Jiangxi Xinhua Metal Products Co., Ltd.

 

 In April 2009, first production line of Xinhua was shut down and replaced; at the same time, the phase-I project of steel strand production expansion program of the company, one of the programs listed as “10 directions of provincial industry development and 58 key programs to lead future development” by the People’s Government of Jiangxi Province, that is, 5th and 6th production line acquired and 7th and 8th production line introduced were fully completed and put into operation, so annual output of the company’s steel strands reached 220,000t.

 

  In December 2011, Xinhua successfully made joint venture with BEKAERT by splitting aluminum-coated steel business and spring steel wire business and was relocated to the new plant, at No.2100, Nanyuan Road, Xinyu High-tech Industrial Development Zone, specialized in the production and sale of steel strands.

 

  Xinhua established Zhangjiagang Xinhua Prestressing Strand Co., Ltd. by accepting 50% of the shares of Shagang Group’s subsidiary Zhangjiagang Hongxing Metal Products Co., Ltd., which had four imported production lines and annual productivity of 200,000t, in June 2012.

 

In October 2015, Xinhua successfully developed galvanized steel wire for bridge and galvanized steel strand and exported them to Taiwan for use.