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Our company's laboratory has strong technical force, reasonable allocation of technical personnel at all levels, advanced equipment and complete equipment, sound rules and regulations, and scientific management of work standards. There are more than 20 inspectors. Among them, there are 2 undergraduates, 3 junior colleges, 5 technical secondary schools, and 1 technician. The qualified rate of operators holding certificates reaches 100%


The laboratory is divided into two departments: chemical analysis laboratory and physical inspection laboratory. Owning German imported OBLF direct reading spectrometer, high frequency infrared carbon and sulfur analyzer, thermal analyzer, 722 visible spectrophotometer, KSY thyristor temperature controller, computer controlled material testing machine, impact testing machine, Brinell hardness tester , Tensile testing machine, wire cutting machine, etc.


Lianyou Iron Mine


Youli Mining owns five mines, of which Matiyu Mine is 100% controlled by Lianyou. In 2007, it produced 500,000 tons of iron ore, with a grade of 32-38%, with a mining license reserve of 2.4 million tons, and controlling savings (the mining license reserve can be increased at any time ) 10 million tons, 200 million yuan in fixed assets (excluding the value of controlled reserves), and 400 million yuan in mining rights.


The four new mines, Youli Group, have a 75% holding, and more than 1 billion yuan has been invested in the purchase of mining rights and infrastructure. The four new mines are all located in Qianxi and have obtained mining licenses. They are Sahe Iron Mine (completed infrastructure and partially put into operation), Songlingyu Iron Mine (basically completed infrastructure and partially put into operation), and Baitazhai Iron Mine (Infrastructure is basically completed, production license is being processed, and production was put into operation in 2008), Liemayu Iron Mine (infrastructure construction has been completed, production license is being processed, and production was put into operation in early 2008).


The reserves of the four new mines are 2.8 million tons and the controlled reserves are 40 million tons. The fixed assets are 800 million yuan, and the value of mining rights is more than 1 billion yuan.


Owns 5 mineral processing plants, all of which are independent legal persons, one of which is wholly-owned by Lianyou, and the other 4 Lianyou owns more than 70% of the shares.


The total assets are 80 million yuan, and the net assets are 50 million yuan.


Part of the iron ore in the concentrator is from the Matiyu iron ore, part from the trial production of 4 new mines, and part from outsourcing.


The five concentrators produced 1 million tons of concentrate powder in 2007, with a grade of more than 70%.


Lianyou Iron Mine and the five concentrators have a total sales income of 800 million yuan in 2007, and a profit after tax of 220 million yuan.


Woori Steel


Hebei Youli Iron and Steel Co., Ltd. is located on the east side of Daguan, Qianxi County, Tangshan City, Hebei Province, next to Sahe River, downstream of Panjiakou Reservoir, the third largest reservoir in China.


The company is a Sino-foreign joint-stock private enterprise, founded in 2002, covers an area of 800 acres, with total assets of 550 million yuan and net assets of 300 million yuan. There are 2,000 employees, including 115 senior and intermediate technical personnel and 103 management personnel. The company has 36m2 step progressive sintering machine, 9 4m2 shaft furnaces, 130m3 and 210m3 blast furnaces. Local unique high-quality iron ore resources can be used to produce rare high-purity pig iron in the world, with an annual output of 450,000 tons of high-purity pig iron. In 2007, the China Development and Reform Commission approved only 18 small blast furnace enterprises nationwide to produce pig iron, and Hebei Youli Iron and Steel Co., Ltd. was listed among them.


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