Jiaxing Hongzhong Steel Processing Co., Ltd is a foreign-owned enterprise invested by Marubeni-Itochu Steel Inc., subsidiary of Marubeni Corporation and Itochu Corporation. It was established in March 2005, located at 806, Gangshan Road, Jiaxing Economic Development Zone, Zhejiang Province, and officially in business since July 2006. In September, 2011, it merged with Jiaxing Hongzhong Precision Industry Co., Ltd.. It covers an area of 96,000 sqm, with 17 million US dollars of registered capital and total investment 42.5 million. Hongzhong is equipped with 2 large slitting lines and 6 high-speed large punching presses etc., with monthly processing capacity of 14,000 tons.
Hongzhong specializes in such steel processing as slitting, rolling, punching, annealing, die-casting and welding, selling and distributing variety of steel sheets for home appliances and in high-end automobile industry.
Shareholder: 100% Marubeni-Itochu Steel Inc.
Registered Capital: 17 million US dollars
Total Investment: 42.5 million US dollars
Processing: electrical steel, coated steel, hot-rolled steel, cold-rolled steel, stainless steel, tin plate, aluminum sheet
Processing Capacity: 14,000 tons/month
Factory Area: 96,000㎡