On March 6, 2005, Sinosteel and Beijing Science Park Development Co., Ltd. ("BSPD") signed the commodity house purchase contract of “Zhongguancun Financial Center” Block A and Block C.
Before the signing of the contract, Mr. Tianwen Huang, president of Sinosteel, and Mr. Yuchen Zhou, chairman of the board of BSPD, and Mr. Zhiguo Xing, vice mayor of Haidian District, all extended their radiant speeches.
On behalf of Sinosteel, president Huang expressed the gratitude to Haidian Committee, Haidian government and Haidian Merchant Service Center, Bank of Beijing, China Minsheng Banking Corp., Ltd., Huaxia Bank and friends who give Sinosteel great support; he also set a high value on and affirmed the diligent staff from both sides.
Zhongguancun Financial Center Project becomes the first investment of Sinsoteel International in the interior of China due to its superior design, magnificent atmosphere, excellent quality and good infrastructure. The investment in this project not only accelerates the step of Sinosteel International industrializing operation, but also lays a solid foundation for the construction of the whole image of Sinosteel, marketing competence; it also provides good condition for the optimization of resource distribution, rectification of operating structure and the installation of the centralized office of Sinosteel headquaters.
President Huang sincerely wishes that BSPD and Sinosteel become strong in market competition in the future and wishes a prosperous economy under the guidance of Haidian Committee and Haidian Government and a peaceful and promising atmosphere.