Taishan Jianneng Stainless Steel Co., under Xinwen Mining Group Corp. has officially started operation on 5th October 2008. The mill installed the up to date CR steel stainless ultra thin sheet line capable of churning out 0.05mm to 1.2mm thickness and 350mm to 650mm width. The first phase investment is around CNY 0.6 billion with an annual capacity of 30,000tns of sheet. The second phase will add 90,000tns, making a total output of 120,000tns.