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Shanghai Huateng Metal Processing Co. Ltd. was located in Jiading Shanghai and founded in 1994. Chun Yuan Group acquired Shanghai Huateng and got its management control from Japanese C. Itoh Trading Co. in March 2000. Nowadays it is a joint venture established by Chun Yuan and Marubeni-Itochu Steel Inc. Capital is US $24.8 million. Land is 30,399 m2.