Shandong Hongtai Science and Technology Co., LtdShandong Hongtai Science and Technology Co., Ltd was founded in 2004, Hongtai is a professional company manufacturing series products of corrosion resistance by using the patent technology awarded the Second Prize of the National Science and Technology Progress, which was invented by Mr. Hou Baorong, academician of the China Engineering Academy. With fixed assets of 20 million RMB, the company is staffed with 166 employees one of whom is an academician, three are experts enjoying State Council Allowance and 9 are doctors or post doctors. With a technical team accounting for 25% of the staff members, technical strength of the company is very strong. In 2007, the company witnessed a sales income of 80 million RMB and a profit tax of 11 million RMB. Hongtai has become one of the high-tech enterprises at the provincial level.