1. We believed the return permanent investment is more than long - term growth.

2. Comparing with calcination reduction process, it solves many problems, such as low recovery rate of manganese, grievous dust pollution, large permanent investment and high labor intensity etc.

3. We let the customer pay least costs to promotion the brand image. We believed the return on permanent investment is more than long-term growth.

4. If the needed capital amount is small, they only need to liquidate temporary investments; and they must liquidate part or total permanent investment if the needed capital amount is big.

5. It shows the recourse owned or controlled by the company and the distribution, which is the situation of current assets, permanent investment and fixed assets.