Founded in 2004, Ossen Innovation Co., Ltd. is one of the leading designer, engineer, manufacturer and marketer of customized prestressed concrete (PC) steel materials used in the construction of bridges, highways, and other infrastructure projects in China, Europe, Latin America, Asia Pacific and the U.S. Our founders are among the first in China to introduce and promote the use of prestressed steel materials in construction projects, and have more than 15 years of experience in the prestressed materials industry.
We manufacture prestressed steel materials which are categorized as uncoated products and coated products through our two operating subsidiaries in China: Ossen Innovation Materials in Maanshan city and Ossen Jiujiang in Jiujiang city. We are one of four manufacturers of coated steel materials in China, equipped with proprietary processing processes. We have total manufacturing capacity of 390,000 metric tons coated and uncoated materials per annum at December 31, 2011.
Through Maanshan facility, we have been manufacturing pre-stressed products since 2004. These products are sold primarily in Anhui Province, Jiangsu Province, Zhejiang Province and Shanghai City.
Through Jiujiang facility, we manufacture coated PC wires and strands, plain surface PC strands, unbonded PC strands, spiral ribbed PC wires, sleeper PC wires and indented PC wires. These products are primarily sold in Jiangxi Province, Wuhan City, Hunan Province, Fujian Province and Sichuan Province.
The Companys PC strands and wires products were ranked third in sales in the PRC and ranked first in export sales among all Chinese PC products manufacturers in 2008.
In the future, We intend to upgrade our industry position while maximizing shareholder value and pursuing a growth strategy that includes increasing our production capacity and strengthening our relationships with key customers, diversifying our customer base and pursuing strategic relationships and acquisition opportunities.