Shandong Taifeng Steel Industry Co., Ltd was jointly founded by Shandong Taifeng Mining Industry Group Co., Ltd. and Shandong Luneng Taishan Cable Co., Ltd in 2005. The Company has a registered capital of RMB 106 million. By the end of December 2009, the company’s total investment has reached RMB 800 million and the number of personnel is 510. It is a key municipal enterprise of Tai’an City. Currently the Company has five welded pipe production lines, mainly producing oil castings and oil and gas pipelines of Φ139.7-Φ426mm with wall thickness of 4.0-16.0mm, automobile propeller shaft tubes of Φ50-Φ140mm, belt conveyor idler tubes of Φ63.5-Φ219mm, and square tube of 40 × 40-350 × 350mm. The products are widely used in oil fields, urban pipeline network, automobile manufacturing, machinery manufacturing, mine transportation, port transportation, fluid and gas delivery, etc. The Company is well-equipped and masters advanced workmanship and technology. The HFW426 welded pipe mill has introduced today’s world-class petroleum steel pipes manufacturing technology and equipment, including the forming machine and milling saw from Japanese KUSAKABE Company, the solid state high frequency welder from Norwegian EFD Company, and the servo motor from German SIEMENS Company. And other equipment is manufactured by famous factories at home. The products include: oil castings meeting the United States API 5CT Standard for the steel grade of H40, J55, K55, N80 and L80 as well as oil and natural gas pipelines satisfying the United States API 5CT Standard for the steel grade of X80 and below and the ASTM A53 Standard, German DIN 17100 Standard, GB/T9711.1-1997 and GB/T9711.2-1999 Standards. The Company has two hot-rolled production lines at present, mainly producing special kind of round bar steel of Φ55-Φ85mm, channel steel of 12-16 #, and different models of ledge steel like M15, M18 and E19. And those products are widely used in mine transportation, machinery manufacturing, steel structure and other industries. The Company takes quality as its life. It has already passed the ISO9001 international quality management system certification, ISO14001 international environment management system certification and ISO8001 international occupational health and safety management system certification as well as the TS16949 automobile industry certification and the United States APT Certification. At present, the products have been sold to the China FAW, China Second Automobile Factory, CNHTC, and have gained China National Petroleum Corporation Certificate of Material Supplier, now the company ongoing the Network licenses of Sinopec and CNOOC.Wu Yuanfeng, chairman of Taifung Steel Industry Co., Ltd, and Wei Qiang, general manager of the Company, would like to work together with all sectors of the community, striving for innovation and mutual profit and progress and creating harmonious and better future.