Electromagnetic (or magnetic inductive) flowmeters measure mass flow in pipes. They installed and used as process control instruments in a wide range of industrial applicat including water cooling systems in the steel industry, drinking water supply, mining, chen industry, power industry, beverage industry, etc. SHAIC manufactures flowmeters for p ranging in diameter from 10 mm to 3 m. The design and compactness of the flowmeters adapted for different applications. For example in the dairy industry, the flowmeters are desif with sanitation in mind; for installation in hazardous areas, other design adaptations have tc made.
The meters are typically included in new plant designs. With the major overhaul and upgradir existing production facilities in many industries together with the construction of many production operations (often involving foreign direct investment) in China, the market pot for electromagnetic flowmeters was believed to be very large.
Under Chinese government regulations, representative offices are not entitled to do business in China and, cannot solicit orders (i.e. they have no business license).
As a high-tech company. SHAIC had preferential status with an income tax rate of I 0% relative to the in 33% corporate tax rate.
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