Tangshan Changzhi Farm Impls and Tools Dml Ltd

TANGSHAN CHANGZHI AGRICULTURAL TOOLS DESIGNING & MANUFACTURING Co., Ltd founded in 2004, is located in songdaokou industrial zone, with registered capital of 3 million yuan, covering an area of 14.285 mu. The company has production department, technology research and development department, Marketing Department and comprehensive department.

I. Product export situation: It is expected to be completed in the whole year of 2011, the outlook of the situation next year, the target of product export and the measures to ensure the completion of the target.

Company's main all kinds of farming tools and garden tools, mainly are spades, rakes, picks, knife and fork, ploughs, garden tools and other products, more than 140 varieties, products are exported to the United States, Costa Rica, Honduras, Jamaica, Italy, Poland, France, Britain, South Korea, the Philippines, dubai, Saudi Arabia, Kuwait, Jordan and other countries, the other through foreign trade companies export countries such as Mexico and Brazil.

The company's product quality goal is to provide customers with satisfactory products, quality service, strict control of product quality, favored by many foreign customers, attracted some American tool products retail giant, such as wal-mart, K-mart and other tool chain supermarkets. From January to November 2011, the accumulative export volume reached 3.56 million us dollars. From January to November 2010, the accumulative export volume reached 2.56 million us dollars, with a year-on-year growth of 39.06%. It is expected to reach 4 million us dollars by the end of 2011. But the price by the exchange rate and steel price changes, the first half of this year changes greatly, the second half of the year tends to be stable. Production costs and raw material prices increased from the same period last year, but not by much. Because suffer the change of international oil price, international carriage cost increases somewhat this year, rise by about 10%, still have the operation cost of partial haven to wait to have rise of different level. Labor costs and fuel costs have risen accordingly, by about 10 percent. As of the end of November 2011, the company has realized three batches of tax rebates, which are: 226000.00 yuan in April, 203000.00 yuan in July and 404000.00 yuan in November, totaling 833000.00 yuan. By the end of November 2011, the company has not returned 514804.20 yuan. The number of visitors to the Canton fair this autumn is also lower than in previous years. Due to the impact of the international situation, the export of next year is not very optimistic, and some old customers' orders are also reduced.