Genertec International Corporation ("Genertec International") is one of the key subsidiaries of China General Technology (Group) Holding, Limited ("Genertec"), and was officially launched in March 2002 to respond to great internal and external changes, confront the opportunities and challenges of globalization and Chinas entry into the WTO, and realize the sustainable development of the group. With the combination of some businesses of the group and the integration of resource and scale advantages, it engages in specialized operation, mainly focusing on the bulk import and export of resource commodities, plant equipment and common goods. It is a leader in the transformation of China General Technology (Group) Holding, Limited from an exporter to an integrator of Supply Chain Management. Genertec International has seven branches in Beijing and four subsidiaries outside of Beijing, and overseas representative offices in Egypt, Russia and other countries. Through controlling stake and equity participation, the corporation is conducting or taking part in the management of more than ten manufactories abroad and at home with the bases of design, production and manufacturing widely scattered in the financially developed regions and coastal cities in the Northeast, North, East and South China. It has a perfect operation network in and out of China, and owns customers and strategic partners around the world. People at Genertec International have rich experience of international business and reliable customer groups with business relationships extending abroad and in China. Genertec International runs a full range of businesses in a flexible manner. It adopts such business modes as importing, exporting, agency services, distribution, "processing, assembling and conducting compensation trade", counter trade, transit trade and the like. Its business is focused on the import and export of mechanical products, technical facilities and complete plant equipment, such common goods as minerals, wood, light industrial and textile products, and steel materials, as well as commodities like chemical raw materials, iron ore, coking coal, and crude, product and palm oil. As regards to the key commodities traded by the corporation, the steel import exceeds 100 million US dollars, and the commodities with export over 10 million US dollars include sodium tripolyhosphate (chemical raw material), shoes, wood, zinc, cashmere, coke, textile, and lighting appliances, among which sodium tripolyhosphate products and shoes hold the balance in their industries; the products with exports worth more than 5 million US dollars are stainless steel products (kitchen and table ware, etc.), cases, boxes and packages, tourism and wooden products, toys and so on. Genertec International will give full play to the human, business and operating assets resources, carefully foster the corporate culture of "Pursuing perfection with one heart and one voice, and achieving excellence by self supporting and developing", and shape the corporate profile of "market-oriented ideas, standardized conducts, scientific decision-making and overall development", so as to maximize our corporate profits as well as the benefits of the staff contributing outstandingly to the corporation. In this way, it is to actively transform itself an integrator of Supply Chain Management who also provides value-added services, establish and improve the strategic relationships with customers to advance and grow together, contributing more to the national foreign economic relations and trade.