Henan Ruishi Investment Group Co., Ltd. (short for Ruishi Group), formerly known as the Henan Yichuan Ruishi Abrasive Co., Ltd., founded in 1992, mainly produces all kinds of abrasive materials, special refractory materials and metallurgical accessories. After nearly 20 years of rapid development, Ruishi Group develops into a corporate enterprises including 7 wholly-owned subsidiaries such as bauxite calcination plant, smelting plant, sand plant, new energy plant, solar line cutting plant, renewable resources company and international trade company. Ruishi Group, with self-import and export rights, is one of the 100 largest export bases in Henan Province, which covers an area of 300 thousand square meters and has 350 employees. Ruishi Group has 6 sets of China first-class large-scale production equipment 3 600 KVA/360 KVA high temperature smelting furnaces and 6 automatic Barmac production lines. To ensure the material stability, Ruishi Group build 4 sets of the shaft kilns, producing high quality bauxite blocks for its own. Ruishi Group passes the ISO9001:2000 International Quality System Certification, and its products are exported more than 20 countries and regions such as the United States, Russia, Japan and South Korea.

R&D on New Products

From 2010, Ruishi Group began to research and develop fused corundum composite using industrial solid waste. The products are developed successfully in 2012. The products are manufactured by new refractories smelting technology, and are featured with low cost, no pollution, high resources comprehensive utilization rate, and broad market foreground.

In 2011, Ruishi Group purchased 267 thousand square meters of land and found Ruyang Gold Diamond Regenerated Resources Technology Co., Ltd. to develop energy-saving and environmental-friendly industries.

In 2012, ?°Sapphire LED Backing Materials Project with Annual Capacity of 5 Million Pieces?± of Ruishi Group was registered in Luoyang Development and Reform Commission. The trial workshop of sapphire will be put into production in Oct. 2012. It is forecast that the annual production value will reach about CNY 1 billion.

Future Prospect

Besides the construction of production base, in 2012 Ruishi Group invests CNY 10 million to build the headquarters in Floor 23th, Wuzhou Mansion, Luoyang. It will strengthen worldwide sales net and support services, and will increase the sales effect by 50%.

In the future, Ruishi Group will focus on the short of mineral resources and power crisis, invest green, environmental-friendly, energy-saving and high efficiency innovation fields, research and develop new materials and powers, cut resources consumption and environment pollution, and promote the rapid development of local economy and refractories industry.