SINOSTEEL ANHUI TIANYUAN TECHNOLOGY CO., LTD. is a China-based company engaged in the manufacture and sale of specialty chemical products, electronic components and specialty equipment. The Company provides magnetic materials, magnetic equipment, magnetic separators, filtering and dehydrating equipment, environmental protection devices, mining and relevant equipment, as well as new mineral materials and new products, among others. Its products are mainly used in metallurgy and mining industries. The Company also involves in commodities and technologies import and export trading. It operates its businesses in both domestic and overseas markets. During the year ended December 31, 2010, the Company鈥檚 subsidiary completed the purchase of 100% of the properties of Nanjing Kebo Magnet and Electric Co., Ltd.