Oct. 28 FT-wise Technology Group Ltd. Mr. Yang Chunlai India Company and chairman of the board''s headquarters in Beijing has signed with an annual output of 60,000 tons of direct reduced iron contract. India''s two years in China''s on-site inspection, with the ultimate wisdom FT Group signed a contract to install design and construction equipment manufacturers with an annual output of 60,000 tons of direct reduced iron. The project used technology company AC technology investment of nearly billion yuan, started in January 2009 and is expected to start in June 2009.

