The investment of the project totals 0.18 billion Yuan. It will mainly produce fasteners of  stud welding and equipment of stud welding. These products will be used in many fields like various kinds of steel-concrete buildings, automobile manufacture, electrical appliances, shipbuilding, fastening of glass curtain wall of buildings. Part of them will be exported abroad. Once the project goes into operation and gets benefit, it’s expected that sales income could reach 0.12 billion Yuan and bring revenue 100 million Yuan.