Qingdao Hanhe Cable Group Co., Ltd. located in Qingdao High-Tech Industrial Development Zone, China, was founded in 1982. It is the pointed professional manufacturer of wire and cable by the State Machinery Bureau and Power Bureau, first recommended by State Economic & Trade Committee, one of the 520 selective enterprises and State Inspection Free Enterprises. Up to the end of 2004, the group is with over 3000 employees and net assets of RMB720 million; it sets five cable subsidiaries in Dalian, Xinjiang, Guiyang, Changsha, Guangxi. It possesses Qingdao Hanhe Steel Structure Co., Ltd., Qingdao Hanhe Medicine Co., Ltd., Qingdao Hanhe Animals and Plants Medicine Co., Ltd., two of them belong to city class scientific research institute---- Qingdao Cable Research Institute and Qingdao Enzyme Project Center. Now it has been a developing, manufacturing and marketing large-scale group of wire and cable high and new technology and biochemical products. In 2004, the sales income was RMB 2,003 million and the profit payments and tax turnover was RMB 150 million.