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Suzhou Suqian Industrial Park Welcomes the First Foreign-invested Enterprise

Romastone (Jiangsu) Co., Ltd. was officially approved to start project construction in Suqian Municipality on June 27 as the first foreign-invested enterprise in Suzhou Suqian Industrial Park.

The newly approved company, invested by Romastone International Development Co., Ltd. with a total investment of 45 million US dollars (USD 24 million for the first phase and USD 9.6 million in registered capital), will be engaged in the production and sales of environment-friendly hi-tech new building materials with a panned annual turnover of 450 million yuan RMB and 500-man workforce.

June 29, 2007

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