Kwang Jin Ind. Co.

Kwang Jin Ind. Co., Ltd. is a Korea-based company engaged in the manufacturing of steel products. The Company produces steel bars, stainless steels and scrap irons. Its steel products are applied in machinery and automobiles. During the year ended December 31, 2007, the Company had a production capacity of 70,500 tons of steel bars and its actual output was 39,186 tons of steel bars. In 2007, steel bars accounted for approximately 63% of the Company's total revenue. (Source: ARS)