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Άς.Joint funding and cooperation scheme of invisible asset

According to Beigang's demand, we allow the following invisible cooperation methods:

1. Beigang and relevant enterprises cooperate both here and abroad in OEM customized production which provides Beigang cost advantage. OEM stands for foreign brand and China making.

2. Enterprises and institutions share stocks and endorse with belonged knowledge property right, market, and management advantage etc tangible asset to Beigang and subsidiaries.

3. Other modes

a. Sign training agreement with schools: Train specialized technical personnel for Beigang through advanced payout.

b. Introduction of original R & D projects Advanced R & D units and schools can take the method of sharing stocks and transferring to develop needed technical scheme with Beigang.

c. Technicians: We provide a stage for technicians to start a business. They contract with certain project directly and participate in technical development of Beigang.

d. Cooperating pattern for tackling techniques: Beigang and research institute, junior schools work together to study and research certain new material(s), product(s), technique(s) and equipment(s) of Beigang.

e. Establishing R & D institute: Beigang establishes professional R & D institute with R & D unit on researching and developing to reduce developing blindness and possible waste of resources, which brings short study period and low innovation risks.

f. Company organization: Taking advantage of funds and resources in Beigang, we establish professional company for professional technical research and development legally. In this way, scientific and technological achievements are converted into current productivity.

Άσ.Partner's benefit

Relevant enterprises and institutions could win more popularity because of Beigang's development; bring professional advantages and improve R & D abilities in cooperation. Solve the problems of money, improper selected title and R & D achievement converting difficulties in R & D units and schools. Explanation on technology cooperation with Beitai Company During the course of eleventh five-year plan, Beitai Company will reach the industrial structure optimization, and the transformation of the method of the economic grow, and enlarge the goal of generating economic interests. In accordance with the scheduled thinking of the company being the independent entity, the market being the drive factors and the integration of the industry, research and study for developing the technology innovations, and on the basis of joint-creation and mutual-win, Beitai Company shall attach importance on the technology cooperation with famous research institutions from home and abroad, and universities and colleges and other companies with technological competition edge and introduce the technology from multi-resources, so as to enhance its technological innovation capacity significantly.

1. Main cooperation partners

Famous research institutions from home and abroad, and universities and colleges, and those companies with technological competition edge .

2. Demands for the technology

In accordance with the developing status of the enterprise, Demands for the technology by Beitai Company focus on steel making and automation control, coal chemical products further processing, development on the high anticorrosive carbon cast iron, heavy automobiles being used in mine exploring and cycling economy relating to the industry and so on. And the brief description of the technical cooperation project, refer to the appendix.

3. Pattern of Cooperation

As for the technology cooperation, it shall adopts the method of entering technology cooperation contracts, and the cooperation parties shall negotiate with the legal representatives form Beitai Company and reach the substantive agreement on the project, and then enter into formal technology contract.

(1). Technology services The cooperation parties shall enter into contract with Beitai Company as for certain technology and skills or project, and provide the supports on technology for Beitai Company, and the latter shall pay the service fees in accordance with the contract. After the contract being signed, certain amount of prepayment shall be paid, and the rest of the fees shall be paid upon the completion of the service or the project and being accepted by Beitai Company.

(2). Joint development Beitai Company shall provides part of the funds and equipments, and set up a technology development group along with the cooperation parties, and jointly develop specific project, new skills, and new products. The two parties shall share the research fruits in accordance with the contract, and bear the risks separately.

(3). Transfer or permit over the technology patent (or the property technology) Famous research institutions from home and abroad, and universities and colleges, may cooperate with Beitai Company with the transfer or permit over their technology patents (or the property technology), also they may hold the share of the Beitai Company with the evaluation on their technology patents (or the property technology) and exchange them by shares.

(4). Strategic cooperation Beitai Company shall establish the strategic cooperation partnership with famous research institutions from home and abroad, and universities and colleges, and those companies with technological competition edge, and setup the Postdoctoral Research Fellowship or enterprises joint-stations, and carry out technology cooperation in a long run.

4. The favorable policy

As for the development on the applicable technology, transfer of the technology and technology service project, Beitai Company shall pay the related fees to the cooperation parties, and after the project being put into ordinary operation, it shall offer the cooperative parties 10% out of the profits from the project, which utilizing the technology, of two sequential years.

Appendix: Description of the technical cooperation project

Description of the technical cooperation project

1. Study on manufacturing technology of the superior quality steel for boat building

Description of the project:

On the basis of the technology and equipments owning by the Second Unit of Beitai Steel Company, it mainly engages in the study on the technology of the inclusion control during the manufacturing of the superior quality steel for boat building, and study on the internal quality control technology during the course of continuous casting, and study on the secondary water cooling control technology system, and study on the surface quality control and the shape control of the blank plate and the quality detection technology on the line, and study on the optimization of the smelting technology for the steel for boat building, and complete the process control plan for the technology of manufacturing the level D, E steel for the boat building and its industrialized manufacturing.

2. Develop and study on variety of the high performance and low alloy high weather ability steel

Description of the project:

It mainly engages in the developing and study on variety of the high performance and low alloy weather ability steel with energy saving manner and its manufacturing technology, and reveal the principle and mechanism of the joint function of the alloy elements in the weather ability steel, and study on the mutual function between the alloy elements and designing of the multi-component alloys of the weather ability steel, and study on the optimization of the smelting technology for the high weather ability steel, and study on the heating and rolling technology for the high weather ability steel, and develop the technology of manufacturing economic high performance, ultra-fine-grained and high weather ability steel and its industrialized manufacturing. At the same time, develop and study on the following varieties: high strength structure steel coil for the boat body, 20CrMnMo alloy structure steel sticks, and 20CrMoA hot rolling round steel for sucker rod, hot rolling broad steel stripe, hard-line steel (steel strip) for petroleum and natural gas pipelines, and structure steel for bridge building, ML20MnTiB cold heading steels, GCr15 high-carbon chromium bearing steel, anchor chain round steel for boats and steel plate for welding cylinders.

3. Study on automation technology of the melting system

Description of the project:

We shall update and develop the automation technology of the melting system, and display the scenes and the data of steel manufacturing on the automatic control system together, so as to be convenient for the coordination and control over the manufacturing, and realize the melting automation. And it includes the data collecting from the status of the main equipments, manufacturing control over the converters, control over the continuous casting, steel making expert reserve, product quality control analysis and so on.

4. Study on the rolling technology of the third-grade screw-thread steel with niobium

Description of the project:

It mainly engages in studying on the rolling technology of the third-grade screw-thread steel with niobium, and reveals the rule and mechanism of the mutual action between niobium and the third-grade screw-thread steel, and study on alloy designing and the mutual action between the alloy elements, and study on the optimization of the smelting technology for the third-grade screw-thread steel with niobium, and study on the heating, cold and rolling technology of the third-grade screw-thread steel with niobium, and yield strength in tension analysis, and complete the process control plan for the technology of manufacturing the third-grade screw-thread steel with niobium and its industrialized manufacturing.

5. Study on the skills and technology of pre-stressed steel wires

Description of the project:

Steel making units of Beiying Company currently has the capacity of manufacturing the 72A and 72MnA square steel billet, and it plans to manufacture rolling pre-stressed steel wires by using a wire steel making line. Meanwhile it seeks for the partners on technology cooperation and jointly launches the technical study.

6. Study on the technology on the re-crystallization and annealing cold rolling product and the principle of cold rolling.

Description of the project:

Consider comprehensively the impact of the heating temperature and the cold deformation on the size of the metal grains, and establish the re-crystallization mode of the three factors for various type of steel. And we study on the relations between the re-crystallization temperature and internal structure cold rolling steel, and study the impacts on re-crystallization grains by the cold deformation, annealing temperature, temperature keeping time of the cold rolling products, and develop the technical principles of re-crystallization and annealing of various cold rolling products in accordance with the types of the cold rolling products and the thickness of the stripe steel and the internal structure of the cold rolling stripe steel.

7. Study on the optimization on the coal blending

Description of the project:

Mainly study on the experiments of the blending of the gas coal and anthracites, and verify alkali-resistant capacity under high temperature of the various coals among the blending coals, and develop specification for the proportion of various coals to ensure the coal quality, and develop scientific and reasonable blending coals skills, so as to lower the cost.

8. The best method for approaching the energy media

Conduct the comprehensive balancing work in accordance with the manufacturing skills and structures of the steel making enterprises, and find out the best method for approaching the energy media such as the coal, carbon, coal gas, electricity, water and oxygen and so on during the manufacturing course through the advanced energy-saving technology and skills, so as to further lower the energy consumption by the steel making.