Established in April 1978, Hangzhou Industrial Boiler Co., Ltd is the branch factory of former “Hangzhou Boiler Group. Co., Ltd (Hangzhou Boiler Works)” (Hereinafter called Hangzhou Boiler) According to the requirement of Hangzhou city government, at the beginning of 2001 a reconstruction has been made to Hangzhou Boiler and the employees of Hangzhou Boiler have made investment to set up Hangzhou Industrial Boiler Co., Ltd. To make better development for the company, at the beginning of 2005 the optimization adjustment has been made to the company’s equity structure. Now Hangzhou Boiler has owned 51% of the company’s shares, and the remaining company’s shares are the natural person’s share. The company has a registered capital of 30 million RMB.

Adjacent to Hangzhou Boiler, the company is registered at the same place as Hangzhou Boiler. With the occupation area of 25893m2, the company has owned a total asset of over 100 million RMB. At present the company has more than 250 employees including 70 technical management personnel and 40 technical development personnel.

The company has obtained Class A boiler manufacturing license, and the company’s main business product is within the specified scope of National key support high-tech area. In recent years, the production and research activities have successfully developed low-temperature HRSG used for cement, metallurgy and petrochemical industries, the gas boiler used for industrial waste gas such as blast furnace gas, coke furnace exhaust and carbon soot exhaust as well as the straw biological boiler with high technical content. The cement kiln HRSG is the first national designed low-temperature HRSG, and such boiler has achieved better social benefit and is well received by the market since it is put into market.

The company insists on the policy of “Quality first and customer satisfaction” and has established perfect product quality management system and corresponding system document. The company can