Gem-Year Industrial Co., Ltd. Established in November 1995, Gem-Year Industrial Co., Ltd. is located at No.8, Gem-Year Rd., Economic Development Zone, Jiashan, Zhejiang Province, P.R. China. Throughout the years, Both Gem-Year's management approaches of "Quality, Customer Satisfaction & Pioneering Attitude" and business core values of "Honesty, Dedication, Teamwork & Innovation" have continuously evolved based on the essences of both ancient Chinese Confucianism and western management philosophy. Product Range Our fasteners are used in high-speed railways, highways, steel structures, electric appliances, furniture, electric power, automobile, motorcycle, bicycle, engine, general machinery, and others. Registered Capital The total registered capital of the company is nearly RMB 74 million ( USD 11 million) . Company Size The company has over 2500 employees, covering an area of 300,000 million square meters with a building area of 170,000 million square meters. Company Core Strengths With nearly one thousand sets of imported automatic fastener production equipments, its own canal loading dock, automatic retrieval warehouse with capacity of 100,000 metric tons, and a national level fastener R&D center, we have the capability of meeting customers' various requirements and expectations in an efficient manner. Efficiency in Information Flow Our sister companies, Jin-Herr Taiwan and Chin-Well Malaysia, possess 30 years of technical and management experiences in fastener production, and helped us build various information management systems, such as the ERP information management system, the automatic retrieval warehouse AS/RS management system, and e-commerce EB office automatic system all have brought us total efficiency in information flow, and therefore we have become highly capable in forming feasible scientific plans and executing policies for sales, production, supply chain, and administration. As a result, it has played a vital role in ensuring our steady development and growth in the past and into the future as well. Diversification of Product Range Our high quality raw materials are only sourced from reputable domestic and overseas steel mills via the ERP management system. We manufacture various grades of bolts (4.8, 6.8, 8.8, 10.9 & 12.9) and nuts (4, 8, 10 and 12). The product range consists of over 10,000 types of fasteners, such as bolts, nuts, screws, fine wire and non-standard fasteners with GB, ANSI, DIN, UNI, JIS, ISO standards. In addition, our annual production capacity is over 200,000 metric tons. High Quality We have been certified by ISO9001, ISO/TS16949 for Quality Management System authentication, ISO17025 for laboratory certificate, and the Chinese State Administration for Entry-Exit Inspection and Quarantine as the First Class Management Certificate for export products. High Performance We have 37 company-direct sales/retail sites and 10 sales representative offices in Beijing, Tianjin, Shanghai, Dongguan, and other major metropolitan areas in China. 50% of our production is widely selected by many major Chinese domestic enterprises and key national construction projects. The remaining is exported to markets in North American, Europe and Japan. Company History and Awards Jan. 2004 The subsidiary holding company, Jinn-Well Auto parts (Zhejiang) Co., Ltd., started production. Jan. 2004 Its trademark of "CYI" was acknowledged as "A Famous Trademark of Zhejiang Province". Feb. 2004 Xi Jinping, Secretary of Zhejiang Provincial Committee of the Communist Party of China, made an inspection tour at our company. Mar. 2004 “Gem-Year” was acknowledged as “Famous Trade Name of Zhejiang”. Mar. 2004 Fastener R&D Center was approved by Ministry of Commerce of the People Republic of China. May 2004 Its subsidiary holding company --- Gem-Kai International Trading (Shanghai) Co., Ltd. was approved and established. July 2004 Ranked the first in "2004 China's Top 500 Machinery Enterprises --- Top 10 Fastener Enterprises". Oct. 2004 The company's standard fastener with "CYI" brand was acknowledged as "Famous-Brand product of Zhejiang" Oct. 2004 Acknowledged as AAA class enterprise in "Enterprise Credit Rating". Nov. 2004 Acknowledged as an A-class Contract-honoring and Credit- keeping enterprise. Dec. 2004 Affiliated enterprise --- Gem-Chun Hardware Fittings (Zhejiang) Co., Ltd. started production. Feb. 2005 With the approval of the State Administration for Industry and Commerce, Gem-Year Group was established Feb. 2005 Acknowledged as a leading exporting enterprise in Jiaxing City. July 2005 Ranked the 259th in "2005 China's Top 500 Machinery Enterprises". Aug. 2005 Passed ISO/TS16949: 2002 for Quality Management System authentication. Aug. 2005 Awarded "China's Excellent Brand in Fastener Industry". Aug. 2005 Acknowledged as "2005 China's Leading Enterprise in industrial sector" Sept. 2005 Its affiliated enterprise --- Chin-Well Screw (Vietnam) Co., Ltd. started production. Dec. 2005 Its subsidiary holding company – Gem-Duo (Shandong) Co., Ltd. was approved and established. Mar. 2006 Acquired "license for China’s special equipment manufacture". Mar. 2006 Acquired license for pressure pipe components manufacture (Team 1, class B, fasteners), audited by Zhejiang Bureau of Quality and Technical Supervision. July 2006 Ranked the 257th in "2006 China's Top 500 Machinery Enterprises". July 2006 Acknowledged as "2006 China's Leading Enterprise in industrial sector". Sept. 2006 Its enterprise resource management system ERP was started officially. Nov. 2006 Acquired "National Free-inspection Product Certificate" for its iron and steel fasteners. Jan. 2007 Listed on Shanghai Stock Exchange, issued 0.21 billion A-shares through its Initial Public Offerings. It also successfully held an evening gala celebrating the Spring Festival called "ten splendid years of Gem-Year". Feb. 2007 Approved by Ministry of Commerce of P.R.China to increase the capital for the third time, with registered capital adding up to RMB 0.73847 billion (USD 110 million). Apr. 2007 Awarded as one of "2005-2006 China's excellent enterprises". May 2007 Acknowledged as "Foreign-invested Advanced Hi-tech Enterprise" by Zhejiang Foreign Trade & Economic Cooperation Bureau (ZFTEC). July 2007 Ranked the 252th in "2007 China's Top 500 Machinery Enterprises", which made it as one of "China's Top 500 Machinery Enterprises" for the five years in a row. Sept. 2007 Its subsidiary holding company --- Gem-De Co., Ltd. Started its initial trial production. May 2004 Its railway fastener department started initial trial production. Nov. 2007 Its subsidiary holding company --- Construction of Guangzhou Gem-Year Auto-parts Co., Ltd. started. Dec. 2007 Passed audit on the spot of OC080000 by Bureau Veritas (BV) from France. Dec. 2007 "Gem-Year" was acknowledged as "China's Well-known Brand". Dec. 2007 Obtained QC080000: 2005 for Hazardous Substance Process Management authentication. At the same time, it was also awarded "2001-2006 AAA class credit rank enterprise" by Zhejiang Zhongcheng Credit Rating Co., Ltd. July 2008 Acknowledged as one of "China's Top 500 Machinery Enterprises" for the six years in a row.