On October 29th 2012, Mr Huiliang Chen, the vice mayor of Changshu, accompanied by the presidents of eight largest local banks visited Changshu Huaye Steel Strip Co Limited, one of the subsidiaries of Sutor Technology Group. Ms Lifang Chen CEO & chairwoman of Sutor, along with company's management team received them.

During the meeting, Ms Chen warmly welcomed Mr Chen and was grateful for his visit. Ms Chen briefly reported Sutor's accomplishments in the last ten years and presented the blueprint for the next decade.

She said that "We focus on the fine steel manufacturing business and reply on in house developed innovation capacity. Our new 500,000 tonnes cold rolled production line will soon commence operation. Besides, we founded Jinying electronic commerce platform, an on-line transaction platform exclusively for the heavy industry, to provide our customers with upgraded services. Through an integrated business mode, Sutor will continue to grow its revenues and enhance its profitability by extending our value chain and establish alliances in the industry."

Mr Chen spoke highly of Sutor's contributions to the local economy. He said that "Innovation is the strongest competitiveness for corporations. Sutor always plays a role as an innovative pioneer in Changshu."

He hoped Sutor could continue its efforts to produce value added products and make more progresses. He also called on local banks to support Sutor's endeavor and help companies like Sutor become larger and stronger.

After the meeting, Ms Chen and other guests toured the company's product exhibition hall.

Source - Sutor

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