About Newport International Study on Hangzhou Boiler Group Co., Ltd

Hangzhou Boiler Group Co., Ltd (hereinafter called company) is a large comprehensive group corporation engaging in the consultation, development, production, sales and installation of boiler, pressure vessel and environment protection equipment as well as other project service business. The former body of the company is Hangzhou Boiler Works which was established in 1955. The company joined Xizi UHC in March, 2000. Based on the principle of “Transferring the manufacturing enterprise into manufacture and service enterprise and transferring the domestic sales enterprise into overseas sales enterprise”, the company has made subsidiary classifications according to the specialized working divisions, and now the company has possessed several subsidiary companies including Hangzhou New Century Energy Environment Protection Engineering Shareholding Co., Ltd., Zhejiang Xizi United Engineering Co., Ltd., Hangzhou Industrial Boiler Co., Ltd., and Hangzhou Boiler General Equipment Co., Ltd. At present, the company can provide full set of design, manufacture, installation and commissioning services and has successfully realized the development from single boiler product provision to the general contracting of the boiler island project and power plant turnkey project.

With the occupation area of 240000m2 and the registered capital of 359.52 million RMB, the company has possessed more than 1400 employees including 400 special technical personnel. The company is the national key high-tech enterprise, national CAD application project demonstration enterprise, national research, development and manufacture base for HRSG and coal-water slurry boiler as well as Zhejiang environment protection industry base.

Since 1970’s, The company has been devoted to the development, design and manufacture of remaining heat generation equipment used for metallurgy, chemical, building material, petrochemical, combined circulation and power stations and such equipment product has ranked top among the same industry enterprises; meanwhile The company has also developed and manufactured series energy-saving and environment protection products including 23～400 MW vertical and horizontal gas turbine HRSG, 130～400t/h blast furnace gas boiler, 200m2 sinter machine HRSG, 75～260t/h dry cooling coke HRSG, 180～340t/h converter HRSG, 20～40 million ton/year pyrite burning HRSG, 1000～10000T/D cement kiln HRSG, and 150～600T/D city refuse incinerator. Up to the present, The company has produced more than 1300 piece (set) of energy-saving HRSG, and The company -developed various energy-saving and environment protection products have accounted for 50% of the total products in the same industry. The company can make an annual saving of 30 million tons standard coal, the annual generation amount is equivalent to a power plant with the annual generation capacity of 90 billion KWH, and the annual drainage of CO2 can be reduced by 600000 tons, the annual weight of refuse can be reduced by 5 million tons, the annual volume of refuse can be reduced by 8 million m3. In addition, The company sales amount for 7～90 MW large capacity hot water boiler, large chain boiler, coal-powder boiler, 300～1000 MW flue gas heater, 300～1000 MW thermal power and nuclear power high-pressure heater, low-pressure heater, deaerator and condenser have also ranked top among the same industry enterprises. From 2002 to 2008, the sales income for Hangzhou Boiler Group keeps an annual increase rate of 53% which has realized the sales breakthrough from 200 million RMB to 26 billion RMB. Depending on its powerful strength, The company is also actively exploring overseas market at the time of domestic market exploration, and The company’s products have been exported to more than ten countries including USA, Japan, Thailand, India and Brazil, which indicate that The company has achieved further international development.

The new facility, Dingqiao facility, with an area of 215,000 m2, the phase I construction area is 87,000m2, which is the “West gas east transfer” project. The workshop is designed as manufacturing 300MW boilers. The Chongxian facility is undergoing, the whole facility covers an area of 155,000m2, and the construction area of phase I is 73,000m2, which will become the heavy equipment manufacturing base of the coal chemical and nuclear power products. The facility is located along the Beijing-Hangzhou Grand Canal, and supporting construction of 1000-ton dock and heavy equipment shop with the lifting capacity of 1,000 tons.

The Hangzhou Boiler people will keep in mind the important instructions about energy saving and exhaust reduction proposed by President Mr. Hu Jintao when he paid a visit to the company’s parent company, Xizi UHC on Jul. 28, 2007, stick to green development, and contribute to energy saving and exhaust reduction industry