Hebei Youdai Trade Company is, by Chinese standards, a big, private-owned company in Handan City, Hebei Province, China. The company has a registered capital of 10 million Yuan and is staffed with over 200 people. There are several departments in the company. They include, among others, the Financial Department, the Billing Department, the Steel Products Department, Soda Department, Import-Export Department, and Human Resources Department.
The company specializes in steel coils, steel strips, soda ash, building glass, and allied products. The first major business of the company is in the areas of steel coils and steel strips, which are manufactured by Handan Iron and Steel Company Limited, Handan Zongheng Iron and Steel Company Limited. We specialize in the bulk sale of steel products of more than 200 thousand units, and the annual turnover is 1 billion Yuan.
The second major business of the company is soda. We act as the sole agent for Henan Alkali Manufacturers of sodium carbonate. Soda products are sold to many glass factories to facilitate their production of glass in Shahe country as well as in Xingtai City, both in Hebei province. The annual turnover is 20 million Yuan.
Hebei Youdai Trade Company has a third major business in the field of import-export trade. The company has the legal right to support and act as the agent for the import-export business of various steel products, soda, and building glass. Moreover, the company’s Billing Department performs the remarkable business of various bank transactions on behalf of customers.