Tianjin National Energy Investment Co., Ltd.

Tianjin National Energy Investment Co., Ltd.. (TNEIC), founded in January 2004, is a large investment company held by China Energy Conservation Investment Corporation (CECIC). The company focuses on resources recycle and is backed by capital operation and modern trade logistic business. It boasts its scrap metal resources recycling base, the biggest one of its kind in Tianjin area and the delayed coking base which ranks top in scale in North China. Besides, the company has invested in building the Asia-biggest shale new-type building materials production base and China-No.1 high-end lithium ion battery material production enterprise, aiming at becoming an investment holding group specialized in energy conservation and environmental protection with the most solid strength and largest scale in Tianjin area. The company’s registered capital amounts to RMB 500 million, and the legal representative is Chen Jinen and general manager Cao Tiecheng.

China Energy Conservation Investment Corporation (CECIC) was established and developed in response to the special mission appointed by the State Council. As a policy investment organization, CECIC mainly develops industries of energy conservation and environmental protection by means of investment and financing, and it is the only state-level investment company in the above-mentioned fields in China as well as a large enterprise directly under State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Tianjin National Energy Investment Co., Ltd.. (TNEIC) is one of the secondary companies of CECIC with the largest investment by CECIC currently. TNEIC mainly invests in and manages projects involving energy conservation, environmental protection, new energy sources, new materials, hi-tech and etc., in addition, it handles domestic and international trade, having rights of dealing wide range of commodities, import and export as well as scrap steel and coal operation. The business of the company covers building energy saving, resources recycling, trade and modern logistics, rare metal mining, finance and non-finance services, and so on. TNEIC is composed of such departments as Project Investment, Assets Management, Assets Operation, Trade, General Office, HR, Finance and Risk Control.There are 8 subordinate companies, including 4 holding companies and 4 shareholding companies.

From 2004 to 2007, Tianjin National Energy Investment Co., Ltd. has achieved accumulated business income up to RMB 19.8 billion and accumulated profit and tax up to RMB 0.37 billion. It has been listed in the Top 100 Tianjin Enterprises and Top 500 Chinese Enterprises of Service Industry in the four consecutive years, and successively honored to be the 2006 Enterprise with the Best Growing Potential (first place), 2007 Chinese Enterprise with the Best Credit, and 2006-2007 Tianjin “Enterprise Abiding by Contract and with Good Faith”. It also achieved ISO9001 international quality management system certification and ISO14001 international environment management system certification.