Shandong Eastern Pipe Co., Ltd. is a wholy-owned subsidianry of Shandong lron and Steel Group Lunan Mining Co., Ltd.(with total assets of 1 bilion yuan and net assets of 800 milion yuan). The registered capital is 50 milion yuan,the net asset is 100 milionyuan, and the annual output value is 400 milion yuan, The company covers an area of more than 160 mu with 20,000 square meters of theexisting workshop, and the annual production capacity of UHMW-PE products is 20.000 tons, it is the domestic large-scale production baseof UHMW-PE products at present. UHM-PE pipes, steel-lined composite pipes, sheets, rollers, special-shaped parts and other productsdeveloped by the company were rated as national key new products by the State Economic and Trade Commission in 2001, and widelused in mining, metallurgy, coal, phosphate rock and chemical industry, river dredging, salt industry, coal power generation, machinerymanufacturing,paper making,textile, catering and other industries. Shandong…