Baosteel Resources Co., Ltd.

Baosteel Resources Co., Ltd.(hereinafter referred to as �Baosteel Resources�)is a wholly owned subsidiary to Baosteel Group, which mainly engages in mineral resource investment, trading and logistics services. The company was found on July 21 2006 in the name of Baosteel Trading Co., Ltd. with its registered capital of 2.4 billion Yuan( 342, 857, 142Dollars ). Baosteel Resources achieves its leap development in supplying ore, coal, ferroalloys and nonferrous metals, stainless raw materials and scrap steels and providing logistic services as it has been providing customers with fine quality products and value added services, in its pursuit of win-win result through cooperation worldwide and focusing on globalization of allocation in aspect of mineral resources. Baosteel Resources follows the core value of �honesty, collaboration, innovation, and seeking for maximization of enterprise�s value �, and seeks for mutual developments with shareholders, clients, suppliers, employees and community.