The wire section circumference is very small, the common product specification diameter is 5-13mm. According to the different rolling mill can be divided into two kinds of high speed wire rod (high speed wire) and ordinary wire (wire).
Steel Wire, which is mainly used in construction of reinforced concrete structure for reinforcement, can also be cold drawn to steel wire for strapping, etc
Steel Wire Steel Wire,Stainless Steel Wire,Steel Wire Rod,Carbon Steel Wire TIANJIN ZHENXIANG STRIP PROCESSING CO., LTD. , http://www.zhenxiangsteel.com
According to the company's operating conditions, the company's 2007 annual profit will not be distributed, nor will the public reserve be transferred to share capital. Reasons for profit in 2007 but no cash profit distribution plan: Based on the current national macro-control, the monetary tightening policy is still adopted, and the loan interest rate and deposit reserve ratio are continuously raised. In order to reduce the cost of capital, it is recommended not to implement cash profit according to the actual operation of the company. distribution. The purpose and use plan of the company's undistributed profits: mainly used by the company to supplement working capital.
Wire is generally made of ordinary carbon steel and high quality carbon steel. According to the different steel distribution directory and the use of wire including ordinary low Carbon Steel Wire rods, high-quality carbon Steel Wire Rod, carbon welding wire rod, wire rod, Steel Wire rope and thread wire, Stainless Steel Wire rod and wire rod with piano wire etc..
According to the audit report issued by Shenzhen Pengcheng Certified Public Accountants Co., Ltd., the company achieved a net profit of RMB 56,955,997.67 in 2007. According to the relevant provisions of the Company Law and the Articles of Association, it extracted 10% of the statutory surplus reserve 5,687,225.39. Yuan, plus the undistributed profit at the beginning of the year was 234,272,442.52 yuan, and the actual profit available for distribution to shareholders this year was 285,541,214.80 yuan.