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    Xiangxi Fengda Alloy Technology Co., Ltd. is a hi-tech enterprise founded in Oct. 2007 with a registered capital of RMB60.58 million, covers an area of 175mu (about 116,667m2) and has existing assets of RMB350 million. The company is the key enterprise integrating R&D, production and sales of manganese new materials in Xiangxi Economic Development Zone, Hunan, a core enterprise in national manganese deep processing hi-tech industrialization base of the Ministry of Science and Technology, a leading enterprise on research and development of new manganese materials in China even the whole world, and a demonstration enterprise for transformation of science and technology achievements of Hunan province, in addition, it owns a provincial “Enterprise Technology Center”, and has been applied for or bestowed with 12 patents for technological inventions. Relying on more than 20 exclusive technologies, it has independently developed 15 varieties of manganese-based alloy materials such as high-nitride manganese, manganese aluminum alloy, low-selenium forged manganese, ferromanganese in four series, and made remarkable results in transformation of science and technology achievements. It can yield 50,000 tons of new manganese-based alloy materials annually, and exports products to Europe, America, the Middle East, and South Korea. Since put into operation for four years, it has accumulated sales revenue of RMB2.8 billion, profits and taxes of RMB150 million and created new jobs for 275 people. Since its inception, the company has been consecutively awarded “Advanced Development Unit”, “Advanced Taxpaying Unit” and “Prominent Safety Production Unit” by Xiangxi Economic Development Zone, or “Top 10 Industrial Enterprises” and “Advanced Import & Export Unit” by Party Committee and Government of Xiangxi.

     The company adheres to the philosophy of “Self-improvement, Innovation” and the spirit of “United, Struggling”, develops close cooperation with University of Science and Technology Beijing and Jishou University under the guide of “industry-university-research” strategy, and makes technological innovation and progress to develop manganese-based alloy new material industry bigger and stronger. In the “12th Five-Year-Plan period, we will focus on long-term and medium strategic planning on achievement transformation and industrialization applications, and it is expected to achieve a productivity of 150,000 tons in 2015, annual output value of RMB3 billion, profits and taxes of RMB380 million and 245 new jobs. In next decade, we will build up the enterprise into the global largest base on R&D, production and export of new manganese-based alloy materials.