Capital Bulk Carrier (HK) Limited
Established on August 27th 2009 in Hong Kong, is located in room 2402 24/F Sing Pao Building, 101 King’s road Fortress Hill, Hong Kong. China Beijing Office\'s address is 2111, Building C, Oriental Media Center, 4Guanghua Road, Chaoyang District. Capital Bulk has taken its role as the chartering company for the parent company Tangshan Fuyi Raw Material Co., Ltd and the other subsidiary, Trinity International Resources Company Limited.
Overview of Tanshan Fuyi Raw Material Co., Ltd
Tangshan Fuyi Raw Material Co.,Ltd was established in Mar,25th, 2003 and is located at No.18th, Wei Guo North Road, Lu Bei District in Tangshan, with the area of 2694.65㎡﹠the construction area of 2998.73㎡, of which the legal representative is Zhang Junfu. The register capital is 120 million RMB. The main line is to run import and export business of black metal mineral products, steel and all kinds of commodities and techniques. There are 60 employees, of which more than 95% have higher educational degrees. Fuyi Raw Material Co.,Ltd has been operating mainly ore products and steel. On one side, the company is developing to distribute﹠sell domestic ore products and steel continuously , on the other side, locating itself to international market to expand international trade.
Chinese national steel is mainly in Hebei province and Hebei’ steel is concentrated in Tangshan. As only one trade-circulating enterprise with ore import’s qualification, Fuyi Raw Material Co.,Ltd has become the product-provider for many steel mills. The company has owned relatively strong marketing network ﹠real strength and become a major foreign ore’s supplier in Tangshan. Since established many years ago, the company’s import quantity and the amount of money have been into the annual growth trend with accounting for about10% share of iron ore import market all the while during the recent years. In 2005, the import quantity was 1.38 million tons, and the amount of money was US＄89.58 million; in 2006, was 1.46 million tons and US＄99.77 million; in 2007, was 1.91 million tons and US＄183.09
million; in 2008, was 2.19 million tons and US＄280million; in 2009, the import quantity of ore fine was 2.48 million tons and US＄180.7 million; the hot rolled iron lump was 74,400 tons and US＄20.74 million; and coke was 149,500 tons ﹠US＄21.04 million. The owner of the corporation, Zhang Junfu is a famous private entrepreneur in Tangshan. Since the year of 1997 he has engaged in iron industry. Now he has convenient access to information of domestic and international steel industry. Also he has keen insight﹠control force to the market. With ten-year hard work﹠suffering in the trade market, he has accumulated rich experience and become the leader in the steel trade field of Tangshan. The administrative system and financial management system are in good condition. The company has a completed inner control system. Up to the end of Dec. 2009, the total capital of the company is 1.11026 billion RMB, with the total debt amount of 727.55 million RMB, the owners’ equity of 382.71 million RMB, the asset-liability ratio of 65.52%, the current ratio of 148%, and the speed ratio of 127%. The corporation’s debt structure is reasonable, with a strong ability to repay long-term and short-term liabilities The company has an excellent finance credit and commerce reputation, being evaluated by Agricultural Bank of China as AAA level credit enterprise and the best credit ﹠reputation corporation, and also being conferred by Tangshan Revenue Authority as AA level taxes-paying corporation.
Business Profile
Capital Bulk has depended on the parent company\'s superorities with the focus on the import and export of iron ore and other resource-related products. The company has imported iron ore from many different countries such as Brazil, Australia, Mexico, Venezuella and South Africa and so on. Stable supplying resources are the firm basis of its business development, not only with the strong support from domestic & international blue chip owners but also with the smooth sales channels with local steel mills, such as “NOBLE RESOURCES LTD.”, “KONGWELL ASIA PACIFIC LIMITED”, “CARGILL INTERNATIONAL TRADING PTE LTD.”, “TRINITY INTERNATIONAL RESOURCE CO., LTD”, “VINGO RESOURCES LTD” “HONG KONG DRAGON LTD”, “TANGSHAN ZHONGHOU BOARD CO., LTD”, “TANGSHAN STAINLESS STEEL CO., LTD”，“TANGSHAN HUAXI STEEL GROUP CO., LTD”，“TANGSHAN RUIFENG STEEL GROUP RUIFENG STEEL CO., LTD\"，“TANGSHAN BAOTAI STEEL GROUP CO., LTD”，“TANGSHAN GREAT WALL STEEL GROUP YANSHAN STEEL CORPORATION”，“HEBEI STEEL GROUP CHENGDE BRANCH” and so on.
Company Superiority
1. Stable supplying resources from global major iron ore suppliers.
2. Well established customer base, including the major players in Chinese steel industry.
3. Rich chartering experience and professional cooperation with many famous global shipping companies such as Noble Resources Ltd. , Cosbulk and so on.
4. Strong capital base, good financial status and credit record which was recognized by international famous bank. The credit standing is 70 million USD in ING Bank.
5. Considerable bank facilities for freight amount.
6. An experienced and committed management group capable of attracting talented employees.
7. A customer-oriented workforce capable of offering good service to meet different customer’s demand.
8. Strong supply from the parent company and harmonious cooperation with the other subsidiary,Trinity.
Company Objective
To be one of the top-rank shipping company
Development Plan
On the premise of making full use of strong finance and enough professional experiences, Capital Bulk has planned to buy 1 or 2 ships.
