Encouraging Initiative of Polycrystalline Silicon Development

Recently we initiated the implementation of a world-class polycrystalline silicon technology manufacturing facility with a US-based financial corporation.  

In the beginning of July, we talked with the Civil Planning Department and some business leaders about the possibilities of launching the polycrystalline silicon project with an initial annual production of 1,000 metric tons. All parties exchanged information enthusiastically and confirmed their intention to participate in this project. Negotiations are still in progress.   

   State-of-the-Art Magnesium Smelting Process 

Based on suggestions from Mr. Zhang, President of AMC in the United States, President Wei Liling, Vice President Ma Fukang and Senior Consultant, Professor Lu Zhongxiao led a high level delegation to visit some magnesium manufactures in Ningxia and Nei Mongol provinces. The intention was to form a consortium to introduce a state-of-the-art magnesium smelting process and transform the companies' smelting technology. Discussions are still in progress. 

  International News 

Beijing Top Fortune Technology Inc. recently organized a delegation to visit the United States in order to explore areas for cooperation in high technology development projects with various companies.     

In May 2004, Beijing Top Technology Inc. signed a joint venture agreement with SpaCom LLC, a Hungtinton, NY based global manufaturing and trading company. Under the agreement, a new entity named SpaCom International LLC has been formed. The objective of this new company is the marketing and distribution of industrial parts and components sourced from a large network of high quality manufacturing partners in China. The company will also offer extensive contract manufacturing and outsourcing services for companies in the US and Europe,as well as assist its international and Chinese clients to conduct international business and trade. For further details, please visit www.spacom.com. 

By the end of August, Beijing Top Fortune Technology Inc. will also assign a delegation to visit Russia. During this trip, the delegation will attend a grand signing ceremony, which is held for the exclusive cooperation between the Russian Aviation Technology University International Fund and Beijing Top Fortune Technology Inc.. The venture will be sealed by the Chairman of the Russian Engineering Department and our President Wei Liling. During their stay they also will investigate multiple additional national science and technology projects and sign a high technology introduction agreement. We predict that there will be significant goods news resulting  from this visit by Beijing Top Fortune Technology Inc.