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Established in September, 2008, Shandong Zhaojin Imp. & Exp. Co., Ltd. is a circulation enterprise mainly specialized in import and export business. Since its founding, the company has been devoting itself to the development of its own foreign trade business with accumulated exported silver of 520 tons and earned foreign exchange of US$ 150 million. In 2009, the value of import and export of the company reached US$ 36 million with earned foreign exchange of more than US$ 34 million by exporting goods. The company also sells silver in China with an annual sales volume of more than 100 tons. In 2008, the company had newly developed businesses in Sinkiang, which include import of gold concentrate ore sand, replacement and installations related to oil and gas, etc. In 2003, the company successfully transformed itself from an industry and trade enterprise to a foreign trade enterprise by expanding the business scope to self-support and acting as an agent for the import and exports of all kinds of goods and technologies and providing one package service of goods transportation, commodities inspection and customs declaration, which has received widely recognition of customers. Now the main imported commodities of the company include: mine mechanical and electrical equipment, raw material and auxiliary material, iron ore, gold concentrate, silver concentrate, copper concentrate, sulfur, liquified petroleum gas, etc; the main exported commodities include: silver, gold salt, silver salt, gold wire, magneto optical switch, sulfur, granite, plastics product, reagent for beneficiation, electric wire and cable, instrument and meter, chemical products, etc.