As China's largest manufacturers of high speed steel, leading domestic high speed steel cutting tool and die steel manufacturers - tiangong international co., LTD., stock code: 826. HK, readily announced that group on June 25, 2014 from the United States lead, the well-known steel distributors SB company access to about 5500 tons of steel and high speed steel product orders, involves the amount about $15.83 million yuan (about 98.4 million yuan). 

 

Despite the enormous challenges facing the global economy in recent years, but so far, characterized by international has signed completed orders in the second half of 2014 goals, is characterized by international in the second half of this year and next year, the performance of benign growth laid a solid foundation, we characterized the stability of high speed steel, the steel industry in China's leadership. 

 

The signing of the orders, as characterized by the development of international trade business and add to the heavy weight, with the help of SB in the United States steel companies in the field of power, characterized by international in recent years in the export business to achieve leapfrog development, promote the sustainable business growth. In 2013, the total income of 1.232 billion yuan from steel, about 36% of group revenues, become its largest source of revenue. In the export of 19% driven by strong growth in steel sales rose to about 94000 tons, a remarkable growth of 27%. As the growth of the steel export to continue a tremendous achievement, characterized by international future performance on to the next level, to create better returns for all shareholders.