CHINA BEIJING CORPORATIONFOR INTERNATIONAL ECONOMICCOOPERATION

hôtels CologneChina Beijing Corporation for International Economic Cooperation (BIECO), founded in1982, is a large state-owned comprehensive foreign-oriented enterprise, specializing in international economic & technical cooperation and foreign trade and having a registered capital of RMB 200 million yuan. Adhering to the principles of equality and mutual benefit, abiding by contract, and keeping reputation, BIECO has made wide technical and economic cooperation with over 70 countries and regions all over the work. BIECO has successively set up 17 overseas enterprises or branch offices in Malaysia, Singapore, Japan, Russia, America, Hong Kong, Tunis, Cyprus, Sri Lanka, Pakistan, Namibia, UAE, etc. In 1994, BIECO was awarded one of the largest service enterprises of People's Republic of China in the field of international economic cooperation by the Research and Development Center of State Council and the Ministry of Foreign Trade & Economic Cooperation.BIECO's business scope covers mainly:
(1) contracting & executing all kinds of engineering projects;
(2) undertaking Chinese Government Aid projects outsideChina;
(3) providing such services as consulting, surveying, and designing for industrial and civil construction;
(4) dispatching labours abroad in the fields of engineering, production, and services;
(5) importing and exporting, including barter trade;
(6) establishing non-trading enterprises abroad;
(7) developing and investing in real estate;
(8) managing domestic trade, etc.Carrying out the basic principle of the enterprise "one dominant business, diversified economy, combination of economic cooperation and trade, combination of domestic and foreign market", persisting in the orientation of internationalizing, industrializing, and group-organizing development, and emphasizing on opening up the overseas market, BIECO has timely renewed the management mechanism, and has made and implemented the strategy of "insisting on the market multiplicity, developing mainly the South-east Asian market, strengthening the North-east Asian (Japanese, South Korea) market, opening up the South African market, returning to the Middle-east regions, developing Russia and the East European market, and entering the southLatin America and the western developed countries eventually."

Hunan Tianyi Science & Technology Co., Ltd (TIANYI) is the only Stock-listed Company in domestic pump industry in China, being initiated by Hunan Pingjiang Submersible Pump Factory in cooperation with Hunan Taihe Group Co., Ltd and Hunan Haitong Industrial Co., Ltd by social collection on the basis of shakeup of Hunan Pingjiang Submersible Pump Factory. TIANYI has now become the skeleton company in national petrochemical, electrical, civil, hydro, industrial and mining sectors, being classified by many national industrial departments and companies as designated material and equipment supplier.

TIANYI is located in Pingjiang County, Hunan, China, having a registered capital of RMB140 Million yuan. It has three subsidiary companies: Ocean Pump Company, Pingjiang Electric Appliance Company, and Changsha Sales Company with the annexation and purchasing of Changsha Pump Factory, Changsha South Pump Manufacture Co., Ltd, Changsha South Environment Protection Equipment Co., Ltd, Huarong Water Pump Factory, Yueyang Electronic Magnet Factory. TIANYI has set up joint ventures in Indonesia and South Africa with the local enterprises thereof.

TIANYI's main business line covers the following:
i) Designing, manufacturing and selling industrial and agricultural pumping units, motors, auto-control systems, and related products, and other mechanical plant and equipment;
ii) Exporting the above mentioned products and services;
iii) Importing raw materials, parts, plant and equipment required for designing and manufacturing.
iv) Undertaking research and development in electro and digital technology, and computer network.

Viewing the fast development of modern and advanced science and technology in the world, TIANYI has adopted the strategy of introducing and developing new products and service, while maintaining or increasing the production volume of traditional products (pumps). TIANYI is no longer only a manufacturer, but also a design and research institute, and has become a comprehensive enterprise.

With more than 40 years of experiences in designing and manufacturing pumping units and other relevant equipment and plant, TIANYI has been placing great importance on after-sale service, quality control and technology in developing and manufacturing its products, and maintaining a firm foothold in the international and domestic market. Having dozens of branch offices and hundreds of distributors at home and abroad, TIANYI has established a sales and service network to meet the requirement of its clients.