Xinxing Parent Company I was hoping to be posting more information on the FS. But since the FS did mention that XDIP is in town, there are some here that might not realize the backing that this company has. While on their own, they might not be a massive organization, they are part of XinXing Cathay who is the parent company
XinXing Cathay is just a holding company, and consist of four major subdivisions......of which, XDIP is one of them. And XDIP contributes at least one quarter of the revenues that makes XinXing Cathay now, a Global Fortune 500 company. Actually, it's the first time XinXing Cathey makes the World Fortune 500 list ….and the 5th fastest grower of all 500!! Of note, Xinxing Cathay is state owned and operated.
https://money.cnn.com/magazines/fortune/global500/2012/performers/companies/fastgrowrevs/
https://www.steelorbis.com/steelnews/news/article.do?filename=700694
Liu Mingzhong is the Chairman of XinXing Cathay, and also the Chairman of XinXing Pipes. He has numerous achievement awards in China for his business practices. They are an aggressive operation, with lofty goals of growing even larger and faster.
https://english.xxcig.com