Henan Ruishi Investment Group Co., Ltd., formerly known as Yichuan Ruishi Abrasives Co., Ltd., was founded in 1992. The company mainly produces all kinds of abrasives, special refractories and metallurgical materials. After nearly 20 years of rapid development, the company has developed into a stock-holding company with seven wholly-owned subsidiaries, including a bauxite calcination plant, a smelter plant, a sand-making plant, a new energy solar-powered wire cutting plant, a renewable resource company, and an international trading company. The company has the rights for import and export; it is also one of the top-100 export bases in Henan Province. The production base of the group covers an area of 440 mu. It has 350 employees, and a registered capital of 72 million yuan; it is equipped with six domestic first-class large-scale 3600KVA/360KVA high-temperature furnaces, and six automatic Barmac production lines; in order to ensure the stability of raw materials, the company built 4 shaft kilns, to be dedicated to firing first-grade alumina blocks used for smelting, which has an annual production capacity of up to 150,000 tons. The new-type energy-saving composite corundum developed by the company has a production capacity that ranks first in the industry worldwide. The products took the lead in the industry in passing the ISO9001: 2000 Quality Management System certification, which are exported to more than 20 countries and regions, including the United States, Russia, Japan, and Korea. In 2010, the total assets of the Group reached 159.09 million yuan; the sales income was up to 256.33 million yuan, and the taxes amounted to 24.93 million yuan, having created good social and economic benefits and made outstanding contributions to the society.
Making audacious innovation and seizing market opportunities

In the process from inception to development, and from development to expansion, advanced management concepts and the innovative spirit are the essential elements. The business philosophy of “opening up new territories through science and technology, survive through quality, and develop through reputation” has been embodied throughout the entire development process of Ruishi Group. In the early stage, Ruishi was mainly engaged in the production and sale of corundum and brown fused alumina for the abrasive industry. The beginning of this century was a period of booming development of China's steel industry. During this period of time, refractories and refractory materials were highly demanded. Ruishi Group seized the opportunity and took the initiative to enter the refractory and metallurgical industries, and developed and produced RS sub-white fused alumina and RS brown fused alumina for refractories, as well as fused calcium aluminate, foundry sands and other supplementary materials for metallurgy and casting, having achieved good economic benefits and emerged as the leader in the abrasive industry. In July 2004, after China enforced the rights for import and export, Ruishi Group took the lead in incorporating an international trade company in Luoyang, to promote our products to the international market. Relying on the excellent product quality and advanced marketing concepts, Ruishi Group has gradually developed into a large raw material supplier with great influence in the refractories and abrasive industries. Manufacturers in related fields at home and abroad have identified Ruishi Group as their prioritized supplier in making purchase decisions.
Be piloted by science and technology, and focus efforts on R&D of new technologies
In addition to vigorously developing traditional products, Ruishi Investment Group has broken away from the traditional mode of production, marching towards the territory of high-tech, energy saving and environmental protection in response to the national 12th Five-Year Plan and related policies, while taking into consideration the trend of the domestic refractories, to develop the resource recycling economy, and achieve further development and growth of the company.
Since 2010, the Group has started to research and develop technologies for producing fused alumina refractory composites by using industrial solid wastes. This kind of materials are made through the new refractory material smelting technology, with low costs and without pollutions, which can improve the integrated utilization rate of resources, and realize the recycling of resources, enjoying good market prospects. This research result occupies a leading position in the world.
The products were successfully developed in 2012, and were launched into the market. The project can save 45,000 tons of bauxite, 30 million kWh of electricity, and 20,000 tons of water resources per year, and realize comprehensive utilization of up to 40,000 tons of industrial solid wastes, greatly reducing the amount of carbon dioxide emissions. In order to expand the scale of production, the company purchased 400 mu of land in Ruyang Industrial Park in 2011, to establish Ruyang Jinshi Renewable Resources Technology Co., Ltd., which is dedicated to developing the energy-saving and environmental protection industry.
In 2012, the group's “5 million piece/year sapphire LED substrate material project” was listed in the record of projects approved by the Development and Reform Commission of Luoyang. The pilot plant of the sapphire production project will be put into operation in October 2012. Sapphire is widely used in many areas of national defense and civilian industries. After the mass production of the products, they are expected to generate substantial economic benefits, with an annual output of 1 billion yuan. It is understood that the project is unique in Henan.
More ambitious for the future
The brilliant achievements that Ruishi has achieved are built on the trials and hardships they had gone through and the dreams they had been cherishing over the past two decades. Looking into the future, Ruishi people have more beautiful plans and visions. In order to further improve the image and influence of Henan Ruishi Investment Group at home and abroad, in addition to improving the construction of the production base, the Group invested 10 million yuan to construct the group’s headquarters in 2012, which is located at the 23rd floor of Wuzhou Building at the New District of Luoyang. It has also strengthened the domestic and international sales networks and supporting settlement services, which will increase the sales efficiency by more than 50%.
Henan Ruishi Investment Group Co., Ltd. is not contented to stand still. In the future development, the company will strive to improve their core competitiveness in the industry, strengthen the implementation of the modern business management system, and constantly invest in green, environmentally friendly, energy saving, and high-efficient innovative fields in view of the current problems in China, such as the increasingly decreased mineral resources and energy crisis. The group will focus their efforts on research and develop new materials and new energies, and reduce resource consumptions and environmental pollution, making endeavors to benefit our posterity, make positive contributions to the rapid development of the local economy and the refractory industry.