The former of Shandong Jinjing Science & Technology Co., Ltd was the wholly-owned subsidiary of Shandong Glass Head Company, Zibo Jinjing Float Glass Factory, which was established in May 1996.

The 600T/D high-grade float glass production line (anti-ultraviolet radiation glass production line) of the company will be put into operation in the mid of 2007. In addition, Tengzhou Jinzhou Glass, Langfang Jinbiao Glass etc that acquired by the company also will take effect. The float glass production capacity will expand to 4000T/D from 1600T/D, up by 150%.

The low-iron glass of the company was off production line in Jul, 2005, but in the second half of 2005, the sales of low-iron glass was just around 110 thousand weight cases, which caused the sales all around 2005 to be far lower than the expectation.

Profits Forecast of Jinjing

2 Three Factors to Improve Float Glass Business Performance 
2.1 Improvement of Supply and Demand and Higher Industry Concentricity Benefit Price Increase of Float Glass 
2.2 After Gas Replacing Oil in the Production Line, the Ability of Anti-heavy Oil Fluctuation Strengthened Greatly 
2.3 Float Glass Business will Meet Harvest Period

3 Sales of Low-iron Glass Gained Breakthrough 
3.1 Low-iron Glass Has High Value-added 
3.2 Sales of Low-iron Glass Obtained Sustainable Development 

4 Bright Prospect of Pure Alkali Project
4.1 Prosperity of Pure Alkali Industry Continues to Recover  
4.2 Pure Alkali Project Is Probably to Become the Important Profit Increase Point in 2008

5 Financial Results
5.1 Abnormal Gross Profit Rate Occurred in the Mid of 2006 
5.2 Capital Bottleneck Restricts Company Development