Muyang Steel Structure Company has 4 shops. The main shop has 13 production bays with an area of 47,000m2. The fabrication target is 170kg/m, or approximately 8,000 metric tons in full production. Due to a mixed-use of the facility during 2012, the shop is running at 50% capacity, able to produce about 4000 tons per month of medium or mixed weight structural steel.
Fabricating at the rate of 10 tons per man, the shop currently maintains 400 workers. The staffing arrangement is based upon the project sales, therefore if any large project is awarded, additional staff will be added to increase output by 1000 tons. In 2013 after completion of the 3rd production base, the steel structure shop will run at full production.
Muyang Group has attained an "AAA" long-term credit rating by the Industrial and Commercial Bank of China and has extremely strong capacity to meet its financial commitments. Our group has been evaluated for its credit worthiness and ability to pay back any debts in the event of any default. The high rating indicates the opinion that Muyang has a low-risk of default, based on ICBC Bank of China analysis of Muyang history, and analysis of long-term economic prospects. Muyang will supply goods and services conforming to the project specifications and agreed quality plan.
If our company fails to perform according to the specifications within the stated time, we will take responsibility and do what is required to correct any problems and comply. Our current guarantee amount is USD $40,000,000 Million. All goods/services manufactured are subject to inspection and testing. If goods/services are defective or fail to meet the bid specifications, Muyang will repair or replace the effected products.
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